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1008 Central Avenue

Hot Springs, AR 71901
  • $960,000
  • STATUS: Active
  • ON SITE: 235 Days
  • MLS #: 150620
$960,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 9,252
    SQFT
  • $104
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1927
County:
Area:

School Ratings & Info

Description

Updated venue in the historic downtown theatre, gallery & bathhouse district. Would make a great museum, condo development or church. Updates include Newer HVAC with dust free active technology, electrical updates w/grounded stage, plumbing updates, lowflow toilets, water heater, new led Chauvet lighting, new JBL Pro Audio, all digital iLive, stage improvements, seating upgrades, fully stocked bars, permits, camera system, POS system, refrigeration, Fire sprinkler system & burglar alarm, full online presence w/ webpage, social media & ticketing solution. Balcony not in use but is stubbed out with plumbing and electrical for upstairs concession. There is an additional bathroom on the balcony. Seating on the balcony has incredible unobstructed stage views. Can be purchased/assembled with connected 1010 Central Avenue adding 22,000sqf +/- and 1014 Central a parking lot. All zoned C1 allowing most flexible use for redevelopment opportunity. Not in flood plain. Street access both front and back of building. Great vehicle and foot traffic just two blocks South of the downtown traffic bottleneck, parking issues and historic district boundary for a great convenience value add!

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www.lakehamiltonlakehomes.com/homes/162863299
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1008 Central Avenue Hot Springs, AR 71901

  • Price: $960,000
  • Status: Active
  • On Site: 235 Days
  • MLS #: 150620
0
Beds
0
Baths
0
½ Baths
N/A
Acres
9,252
SQFT
$104
$/SQFT
1927
Built
Neighborhood:
Hsr Blk 105
County:
Garland
Area:
Hot Springs
Property Description
Updated venue in the historic downtown theatre, gallery & bathhouse district. Would make a great museum, condo development or church. Updates include Newer HVAC with dust free active technology, electrical updates w/grounded stage, plumbing updates, lowflow toilets, water heater, new led Chauvet lighting, new JBL Pro Audio, all digital iLive, stage improvements, seating upgrades, fully stocked bars, permits, camera system, POS system, refrigeration, Fire sprinkler system & burglar alarm, full online presence w/ webpage, social media & ticketing solution. Balcony not in use but is stubbed out with plumbing and electrical for upstairs concession. There is an additional bathroom on the balcony. Seating on the balcony has incredible unobstructed stage views. Can be purchased/assembled with connected 1010 Central Avenue adding 22,000sqf +/- and 1014 Central a parking lot. All zoned C1 allowing most flexible use for redevelopment opportunity. Not in flood plain. Street access both front and back of building. Great vehicle and foot traffic just two blocks South of the downtown traffic bottleneck, parking issues and historic district boundary for a great convenience value add!
Exterior Features

Exterior BrickStucco Exterior Features Other (See Remarks)Roof Sign Foundation Slab Roof Metal

Interior Features

Floors Partial Carpet Heating Air Conditioning Central Cool-ElectricCentral Heat-GasZoned Units Interior Features SprinklerPublic RestroomsJanitor ServicesEquipment (See Remarks)Inventory (See Remarks)Smoke DetectorBurglar AlarmHandicapped Design Stories Two Story Walls PlasterSheet Rock

Property Features

Approx Frontage 60' Business Name Central Theatre Business Type Performing Arts & Music Business Use Type RecreationalOther (See Remarks) Estimated Annual Taxes 3731 Mo Electric Expense 228.00 Mo Gas Expense 25.00 Mo Insurance Expense 508.00 Mo Water Expense 202.00 Possession At ClosingNegotiable Price Includes LicensesReal Estate Road Surface Paved Sale Rent For Sale Tax Year 2023 Tenant Paid Expenses TaxesInsuranceMaintenanceTrashElectricGasWater/SewerInternetTelephoneSecurity Transportation Highway FrontageOn Bus-Line Type Building and Land Utilities Available ElectricGas-NaturalSewer-PublicWater-PublicElectric - Heavy PhaseTelephoneInternetSecurityTrash Warranty Normal Wrkng OrdrAs O&A Will Subdivide YN No Zoning RN-1 Res Nbhd 1 District

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