302 N Main ST, Melbourne AR 72556

$399,000

302 N Main ST, Melbourne, AR 72556

bedrooms

bathrooms

square feet

5,140

Acreage

0.5

Open Houses

year built

1979

Full Baths

Half Baths

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Located in the heart of Downtown Melbourne, AR, DenMill Cedar Lodge presents a unique investment opportunity with 17 rooms and a spacious manager's quarters. The property currently features 4 rooms rented as long-term, 11 rooms available for nightly rentals, and 2 rooms currently unavailable - one serving as storage and the other cleared out for an unfinished coffee shop. Spanning +/- 5,140 SF across two buildings, the lodge offers mostly ground-level rooms with convenient parking right outside the entrances, ensuring ease of access for guests. With affordable housing scarce in Melbourne, the best use of the property may be long-term rentals. The current owners have invested in significant upgrades to both the lobby and rooms, enhancing it's appeal for tenants/guests. Additionally, DenMill Cedar Lodge is located +/- 1.2 miles from Ozarka College, a technical college with an enrollment of +/- 1,000 students each semester, making it a prime choice for both visitors and residents seeking nearby accommodations.

Location
Subdivision	-
County	Izard
Elementary School	-
Middle School	-
High School	-

Exact location data not provided

Driving directions

Open houses

None scheduled.

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MLS number: 1296823

Listing agent: Salmonsen Group Realtors

Listing broker: Keller Williams Market Pro Realty (479) 718-2800

Copyright © 2025 Northwest Arkansas Board of REALTORS®. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified. [source]

Last update: Monday, February 10 2025 at 8:55 p.m. EST

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