150 Passion Play Rd - Restaurant FOR SALE


Eureka Springs, AR 72632
$1,650,000 USD
479-459-3176
150 Passion Play Rd, Eureka Springs, AR for Sale
$1,650,000 USD
Restaurant - FOR SALE
1/19
null | Request Cap Rate

150 Passion Play Rd
Eureka Springs, AR 72632


OVERVIEW

Turnkey Event Venue & Hospitality Compound with Planned Expansion – Offered as a Continuity Opportunity This offering presents a rare opportunity to acquire an established hospitality and event venue platform located in Eureka Springs. The property is offered as a single, contiguous asset and is designed for a buyer seeking to continue existing operations while completing a clearly defined next phase of development. The core of the property is an approximately 4,300 square foot event venue configured for weddings, private events, and group gatherings. The venue includes a fully equipped commercial kitchen, bar and espresso service area, efficient guest flow, and ample on-site parking. The facility is operational and allows a new owner to step in and continue hosting events immediately without the need for significant renovation or reconfiguration. Complementing the venue is a newly constructed, high-quality 2-bedroom, 2-bath luxury cabin currently operating as a short-term rental. The cabin includes a private deck and hot tub and provides an additional income stream while also serving as a finished example of the design quality intended for future cabin development. The remaining acreage has been intentionally planned for additional cabin construction. Some utilities and supporting infrastructure are already in place, allowing expansion to occur in phases on a buyer-controlled timeline. This approach enables future growth to be aligned with cash flow and demand, rather than requiring full buildout at acquisition. Importantly, the offering is not speculative land. The property represents an operational hospitality platform with expansion already unlocked. A buyer is not starting from raw land or navigating unknown entitlement hurdles; the groundwork has been completed, allowing focus to remain on execution and growth. The property is well suited for an owner-operator, hospitality group, or relocating buyer seeking to acquire a functioning business with immediate income and a clear, executable path for expansion. It also appeals to experienced event venue or short-term rental operators looking to add a proven, scalable asset to their portfolio. Given current construction costs, permitting timelines, and land availability, replication of a similar asset would require significant time, capital, and risk. This offering provides immediate operational capability combined with long-term upside in a market supported by year-round tourism demand.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$413 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Basecamp Venue, Restaurant, and Cabin

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.97 AC

LAND SF

42,253 SF

ZONING

inside city limits

APN/PARCEL ID

925-02038-092

ASK ABOUT THIS PROPERTY

Heather CarterColdwell Banker Harris Mchaney & Faucette-rogersMore Info
479-459-3176

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Heather CarterColdwell Banker Harris Mchaney & Faucette-rogersMore Info
479-459-3176

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.