385 Main Street
Mammoth Spring, AR, 72554 $ 215,000
Bedrooms-- Baths3.0 Sq 4,000 Monthly Estimate*
$ 1,341
for $215,000 with 3 full baths. This 4,000 square foot building was built in 1950 on a lot size of 0.17.
Historic 2-Story Commercial & Residential Building in Mammoth Spring, ArkansasLocated on a prime corner lot along Main Street in Mammoth Spring, AR, this unique 2-story property offers a rare blend of history, charm, and income-producing potential. Once serving as the town's movie theater, the building has been thoughtfully adapted over time while maintaining its character and presence in the community. Today, it provides multiple streams of opportunity with commercial, residential, and rental uses all under one roof.The main level is currently home to a coffee shop, leased at $550 per month with a 1-year agreement in place, and includes a fully equipped commercial kitchen, a bathroom, and a large storage area in the back. The basement, with its own outside access that opens into a fenced backyard, was previously used as a 2-bedroom, 1-bath apartment, offering flexible use as rental space or owner occupancy. Upstairs, the top level features a spacious 3-bedroom, 1-bath apartment with recent renovations already completed, plus unfinished improvements in progress--including plans for an additional bathroom.Practical features make this property stand out: each level has its own electric meter, offering convenience and easy utility management; a brand-new roof adds peace of mind for years to come; and parking is available on three sides of the building, providing ample space for tenants, customers, or guests. Its corner location along Main Street ensures maximum visibility and accessibility, making it an attractive hub for both business and residential use.Whether you're an investor looking for a multi-unit income property, an entrepreneur seeking a live-work opportunity, or someone who appreciates the chance to own and restore a piece of Mammoth Spring history, this property delivers versatility, charm, and long-term potential in one of the Ozarks' most welcoming communities.
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FeaturesGeneralHeating Electric
Cooling Electric
Utilities Water Available Septic Tank Electricity Available Separate Meters
Roof Metal
Development Status None
Year Built 1950
Property Subtype Retail
Tax Year 2025
Business Type Restaurant Apartments Retail
County Fulton
Property Type Commercial Sale
Attached Garage N
Full Baths 3
Status Active
Buyer Financing Cash 1031 Exchange Conventional
Directions From Mammoth Spring state park head west toward main st in 0.3 miles the building will be on your right hand side!
City Mammoth Spring
Tax Annual Amount 536.56
Standard Status Active
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ExteriorFencing Chain Link
Parking Features On Street
Building Area Total 4000
Lot Size Acres 0.17
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* Excluded FeaturesList ByDavid FletcherListing Agent
david@unitedcountryteam.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $1,341
- Monthly Property Taxes
- $45
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyCommerical listings in Mammoth Spring, AR
Average List Price $565,594
Percent of Sale Price 163%
About Mammoth Spring, AR 958 Population
-9% Since 2002
$ 26,815 Median Income
46.24 Median Age
25% Households with Children
Trends Information provided by ATTOM Data Solutions.
685504 Elementary School
685609 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/24/2025 | $215,000 | | Listed Price |