385 Main Street, Mammoth Spring, AR 72554 (MLS# 60305520)

Historic 2-Story Commercial & Residential Building in Mammoth Spring, Arkansas Located 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.