5 Woodsdale Drive, Holiday Island, AR 72631 (MLS # 1308056)
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Exceptional Investment Opportunity in Holiday Island, AR Unlock the potential of this commercial property offering multiple income streams. Located in a growing resort community, it includes two major features: 1. Hotel-to-Multifamily Conversion: A 10,500 sq.ft. building, originally a 30-room hotel, is being transformed into 24 studio and 1-bedroom units, with 11 already completed and rented. Ideal for short or long-term rental income. 2. Turnkey Restaurant & Bar: A 4,338 sq.ft. fully equipped restaurant with a commercial kitchen, dining area, and bar. It includes an 832 sq.ft. outdoor deck for events or expanded seating. Above the restaurant is a 2-bedroom, 1-bath apartment for owner use or additional rental income. Both buildings are on a single tax parcel, simplifying management. This property offers incredible versatility and upside in a thriving destination.
| LAST UPDATED | 5/14/2025 | YEAR BUILT | 1965 |
|---|---|---|---|
| COUNTY | Carroll | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Electric, Heat Pump |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Electric Water Heater, Gas Water Heater |
| HEAT | Electric, Heat Pump |
| LOT | 2.32 acre(s) |
| LOT DESCRIPTION | City Lot, Corner Lot, Near Golf Course, On Golf Course, Wooded |
| PARKING | Parking Lot, On Street |
| SEWER | Public Sewer |
| STORIES | 2 |
| UTILITIES | Cable Available, Electricity Available, Natural Gas Available, Phone Available, Sewer Available, Water Available |
| WATER | Public |
| ZONING | Commercial |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by Stephen Mansfield, Coldwell Banker Harris McHaney & Faucette-Rogers
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