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1001 Central Avenue

Hot Springs, AR 71901
  • $725,000
  • STATUS: Active
  • ON SITE: 10 Days
  • MLS #: 155310
UPDATED: 35 min ago
$725,000
  • 0
    BEDS
  • 0.24
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 3,915
    SQFT
  • $185
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1932
County:
Area:

School Ratings & Info

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.

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www.lakehamiltonlakehomes.com/homes/176041034
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1001 Central Avenue Hot Springs, AR 71901

  • Price: $725,000
  • Status: Active
  • On Site: 10 Days
  • Updated: 35 min ago
  • MLS #: 155310
0
Beds
0
Baths
0
½ Baths
0.24
Acres
3,915
SQFT
$185
$/SQFT
1932
Built
Neighborhood:
Hsr Blk 56
County:
Garland
Area:
Hot Springs
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.
Exterior Features

Exterior StuccoMetal Parking 11-20 Spaces

Interior Features

Heating Air Conditioning Central Cool-ElectricCentral Heat-Electric Stories One Story

Property Features

Approx Frontage 94 ft Business Use Type Restaurant Estimated Annual Taxes 5798 Road Surface Paved Sale Rent For Sale Type Building and Land Utilities Available ElectricSewer-PublicWellInternetTrash Will Subdivide YN No Zoning CBD Central Bus. District

 
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Rachelle McClard | Lake Homes Realty
250 Ledgerwood Rd Apt 15
Hot Springs AR, 71913