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Additional details

$ 725,000
Est. payment /mo
Active
1001 CENTRAL Avenue Hot Springs, AR 71901
3,915 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Active
Purchase Type For Sale
Square Footage 3,915 sqft
Price per Sqft $185
Subdivision Hsr Blk 56
MLS Listing ID 155310
Year Built 1932
Annual Tax Amount $5,798
Lot Size 10,454 Sqft
Property Sub-Type Building and Land
Property Description
Excellent commercial opportunity in the heart of downtown Hot Springs. Located at 1001 Central Avenue, this 3,915 square foot building offers great visibility, easy access, and a feature that is extremely hard to find downtown—14 dedicated parking spaces. With frontage directly on Central Avenue, this property sits in one of Hot Springs' busiest commercial and tourism areas with steady traffic from both locals and visitors. The building is currently divided into two separate commercial spaces, giving a new owner plenty of flexibility depending on their business needs. Inside you will find two commercial kitchen areas, four total restrooms, and separate utility systems for each side including central heat and air, alarm systems, hot water tanks, and more. The setup makes the building functional for a wide range of commercial uses including restaurant, retail, office, service, or hospitality. Its downtown location puts it close to shopping, dining, Bathhouse Row, Oaklawn, and close to the new hotel currently being built on Central Avenue. Properties in downtown Hot Springs with this amount of square footage, onsite parking, and versatile commercial space do not come available often. This is a rare chance to own a well-positioned building in one of the city's most active areas. No furnishings or appliances convey with sale.
Location
State AR
County Garland
Area Hot Springs
Zoning CBD Central Bus. District
Interior
Heating Central Cool-Electric, Central Heat-Electric
Exterior
Exterior Feature Stucco, Metal
Parking Features 11-20 Spaces
Utilities Available Electric, Sewer-Public, Well, Internet, Trash
Building
Level or Stories One Story
Listed by McGraw Realtors
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Nathan Cain
Agent | License ID: SA00097581






