Skip To Content

1010 Central Avenue

Hot Springs, AR 71901
  • $1,900,000
  • STATUS: Active
  • ON SITE: 145 Days
  • MLS #: 151843
UPDATED: 225 min ago
$1,900,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 22,083
    SQFT
  • $86
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1945
County:
Area:

School Ratings & Info

Description

Heart of city & entry block to Downtown area with 22,000sqf of space. Concrete & Steel construction, Not in flood zone. Building could be used in many different ways with CBD/C1 zoning. 11' ceilings. Retail, museum, restaurant, office and more. Residence top floor, vacation rental or see the plans for 9 rental loft apartments. Newer roof(60mil TPO) with decking insulation, fiber optic wifi, Newer HVAC, commercial kitchen with grease trap, electrical & plumbing upgrades, emergency exit signage & lighting, new garage door opener, plumbed bars, paint and more. Garage can park 11 vehicles easily. 2nd story kitchen area has 10' commercial vent hood & plumbing updates. 2nd floor has indoor ramp from street level as well as stairs for access. Building is on city parade route. The roof has some of the best downtown & mountain views-would host a great rooftop deck & still have room for solar panels. Upstairs & Downstairs are metered separately. Ample parking surrounds. Located just 2 blocks South of historic district boundary regulation and parking struggle but high foot traffic & vehicle count with several new adjacent businesses. Could be purchased with neighboring building which is 9000+sqf. Commercial/Residential is likely highest & best use but many options are available for this space.

Monthly Payment Calculator

www.lakehamiltonlakehomes.com/homes/166180247
Print Image

1010 Central Avenue Hot Springs, AR 71901

  • Price: $1,900,000
  • Status: Active
  • On Site: 145 Days
  • Updated: 225 min ago
  • MLS #: 151843
0
Beds
0
Baths
0
½ Baths
N/A
Acres
22,083
SQFT
$86
$/SQFT
1945
Built
Neighborhood:
Hsr Blk 105
County:
Garland
Area:
Hot Springs
Property Description
Heart of city & entry block to Downtown area with 22,000sqf of space. Concrete & Steel construction, Not in flood zone. Building could be used in many different ways with CBD/C1 zoning. 11' ceilings. Retail, museum, restaurant, office and more. Residence top floor, vacation rental or see the plans for 9 rental loft apartments. Newer roof(60mil TPO) with decking insulation, fiber optic wifi, Newer HVAC, commercial kitchen with grease trap, electrical & plumbing upgrades, emergency exit signage & lighting, new garage door opener, plumbed bars, paint and more. Garage can park 11 vehicles easily. 2nd story kitchen area has 10' commercial vent hood & plumbing updates. 2nd floor has indoor ramp from street level as well as stairs for access. Building is on city parade route. The roof has some of the best downtown & mountain views-would host a great rooftop deck & still have room for solar panels. Upstairs & Downstairs are metered separately. Ample parking surrounds. Located just 2 blocks South of historic district boundary regulation and parking struggle but high foot traffic & vehicle count with several new adjacent businesses. Could be purchased with neighboring building which is 9000+sqf. Commercial/Residential is likely highest & best use but many options are available for this space.
Exterior Features

Exterior Brick Exterior Features Partially FencedPole SignDoor Sign Foundation Slab Parking 1-10 Spaces Roof Other (See Remarks)

Interior Features

Heating Air Conditioning Central Cool-ElectricCentral Heat-ElectricCentral Heat-GasHeat PumpSpace Heater-GasZoned Units Interior Features Public RestroomsDisplay WindowHandicapped DesignCeiling Height (Remarks) Stories Two Story Walls Plaster

Property Features

Approx Frontage 75' Business Use Type RetailRecreationalHotel/MotelOther (See Remarks)RestaurantIncomeMulti-FamilyOffice Energy Features Extra Insulation Estimated Annual Taxes 3530 Garage Stalls 11 Possession At ClosingNegotiableSubject to Tenancy Price Includes Real EstateLicenses Road Surface Paved Sale Rent For Sale Tax Year 2023 Tenant Paid Expenses None Transportation On Bus-LineNear AirportHighway Frontage Type Commercial Building Utilities Available ElectricGas-NaturalSewer-PublicWater-PublicElectric - Heavy PhaseInternetTrash Warranty Normal Wrkng OrdrAs O&A Will Subdivide YN Yes Zoning CBD Central Bus. District

 
https://bt-photos.global.ssl.fastly.net/hotsprings/1280_boomver_1_151843-2.jpg https://bt-photos.global.ssl.fastly.net/hotsprings/1280_boomver_1_151843-2.jpg https://bt-photos.global.ssl.fastly.net/hotsprings/1280_boomver_1_151843-2.jpg
Logo
Rachelle McClard | Lake Homes Realty
250 Ledgerwood Rd Apt 15
Hot Springs AR, 71913