King Mansion $212,000

This Victorian 1892 home is on the National Registered List of Historic Places. Located one block from historical main street shops, restored vintage movie theater and city park with seven mineral springs. Only one half mile from Greers Ferry Lake a 50 mile long clear water lake with several local marinas. The Little Red River home, of the world record Brown Trout has great fishing. Three (3) golf courses in the area.

This House has been a cafe, gift shop, art gallery, B&B as well as a personal residence. The possibilities are limitless- office(s), shopping, home or business. This property has been well taken care of with original tin ceilings, heart of pine flooring, detailed staircase, original windows, doors with transoms. Plumbing and Electric fully updated 2008 among other items.

To see the website of the last owners go to: www.kingmansion1892.com

contact information still active: kingmansion1892@yahoo.com

List of Upgrades since spring 2008:
On Demand Gas water heater system for upstairs bedrooms, New 80 gal. gas water heater for kitchen and downstairs bathrooms
Bedrooms were all renovated and upgraded with modern fixtures.
Half bath restroom in downstairs hall area added.
Electrical-$25,000
Plumbing-$25,000
Fence, Pond & Fountain, Deck, Parking Lot-$15,000


Residential or Commercial Loan potential since this property is zoned (C2) commercial & residential - 3 original city lots

FEATURES:
Style: Victorian
Construction: Frame/Wood
Rooms: 1st floor - commercial kitchen, 5 large rooms with 1.5 bath, wrap around porch.2nd floor-3 private bedrooms each with bath and separate lounge. 3rd floor unfinished/storage/utility
Amenities: Fenced Yard with Benched Deck, pond with fountain, 12 car parking lot
Air Conditioning: Window A/C
Exterior: Wood Siding
Heat: Forced Air - Gas
Flooring: Original Heart of Pine flooring
Lot Size: Just under 1 acre
Water: City
Sewer: City
Age: Built 1892
Roof: Asphalt Shingle
Zoning: Dual-residential & commercial
***UNFURNISHED***
***There is no kitchen equipment or furniture***

Go to the link below to see tax info:
http://www.actdatascout.com/
***(Input County: Cleburne County)
***(Input Parcel Number: 300-00139-000) [include dashes]

Call: 1-501-691-1973

Details

  • Potential B&B
  • Built in 1892
  • Historic Registry
  • 115 years as B&B
  • Last renovation in 2008
  • For Sale By Owner
  • 4 Guest Rooms
  • 3 Guest Bathrooms
  • 12 Parking Spots
  • Has a restaraunt
  • $212,000
  • For Sale By Owner
  • 18% annual. occ. rate
  • $55.00 avg daily rate
  • $95,000 gross revenue
  • $20,000 room revenue
  • $75,000 rest. revenue

Listing Agent

George Walker
110 W. Spring Street
Heber Springs, AR 72543

Phone: 1-501-691-1973
email: kingmansion1892@yahoo.com


Location

110 W. Sprng Street Heber Springs, AR 72543

Photos (click to enlarge)

Featured Inn Brokers


Agents Join Today!



B&B Inns for Sale