Listing provided courtesy of United Country-Cozort Realty, Inc.MLS# 60305520MLS Provider
  • 279 days on site
  • 6 views

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.

Source: Southern Missouri MLS, MLS#: 60305520

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  • Property Type
    Commercial Sale
  • Lot
    0.17 acres

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Melanie Jacobs McGraw

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Owning this Home

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* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

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Life at 385 Main Street


Schools


School data courtesy of LiveBy, Inc.
Ratings are based on a scale of 1-5, with 5 being the highest rating and 1 being the lowest rating. The schools displayed on this website are for informational purposes only and may not represent a complete or up-to-date list. School assignments are subject to change and should be verified directly with the local school district. Please contact the appropriate school district to confirm school zoning and enrollment eligibility for this property.

History

Date Event Value Agent
4/21/2026Source: Southern Missouri MLS Price Reduction
$209,900 -2.4%
9/24/2025Source: Southern Missouri MLS Added to Database
September 24, 2025