2883 N 23 Highway $895,000


    2883 N 23 Highway Eureka Springs, AR 72631

    • 3,304 sq. ft.
    • 2.86 Acres
    • Commercial
    • MLS# 1230474
    • EVID# AM-248451
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    Views: 207 Days On Site: 232

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    Perfect location to own this turn key operation.The location couldn't be better for a farm-to-table chef. This legendary steakhouse includes; business, building, furniture, equipment and a residence. Gaskins was established in mid 1980's and has had only 4 owners, an established clientele with profitable history. The cabin was built in 1864, giving the dining rooms a rustic feel. The 2.8 acres can be turned into a farm for the restaurant and/or a music venue being just outside the city limits. Private club license means less restrictions by state laws and City of Eureka Springs. There is ample parking, much of which is paved. Owners have several billboards which also generate passive income. Current chef lives on property, so showings of the residence must be scheduled with a 24 hour notice. This beautiful property boasts 1000' of frontage along the highway and can be seen from both directions.

    • General Features
      • YearBuilt 1864
    • Building Features
      • Basement None
      • Heating Central
      • Foundation Details Slab
      • Exterior Features Storage
      • Cooling Y/N 1
      • Cooling Central Air
      • Interior Features Wired for Sound
      • Heating Y/N 1
      • Roof Asphalt, Shingle
    • Property Features
      • Lot Size Acres 2.86
      • Parking Features Parking Lot
      • Sewer Septic Tank
      • Utilities Electricity Available, Propane, Septic Available, Water Available


    Laura Gheen

    Laura Gheen

    Real Estate Advisor


    Engel & Völkers Bentonville

    Mobile Phone: 479-366-1208


    72631 (Eureka Springs) Demographics

    62 Median Age
    79 Population Density (per sq. mile)
    35% College Educated
    $47,200 Estimated Median Income
    1,726 Estimated Total Home Owners
    414 Estimated Total Renters
    81% / 19% Estimated Owner / Renter Divide
    2 Estimated Average Household Size
    4,095 Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days In This Postal Code

    $285,000 Median Sales Price
    12 Homes Sold
    15 New On Market

    Average Days on Site

      Properties for Sale

        Calculations provided by Reliance Network

        Property History

        Date Event Price Percent Change
        -- Current Price Source: Multiple Listing Service New Value: $895,000
        10/11/2022 12:48:00 PM New in Database Source: Multiple Listing Service New Value: $895,000

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        Data based on information obtained from Northwest Arkansas Board of REALTORS® MLS for the period 2023 through 5/31/2023 2:34:04 AM PST.

        IDX information is provided exclusively for consumers’ personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by Northwest Arkansas Board of REALTORS® MLS.

        Note: All room dimensions, including square footage data, are approximate and must be verified by the buyer. The information contained herein is furnished by the owner to the best of his/her knowledge but is subject to verification by the purchaser, and agent assumes no responsibility for the correctness thereof. The sale offering is made subject to errors, omissions, change of price, prior sale, or withdrawal without notice. In accordance with the Law, this property is offered without respect to race, color, creed, national origin, sex, familial status or disability. This is not intended to solicit property currently listed.