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1010 Central Avenue

Hot Springs, AR 71901
  • $1,900,000
  • STATUS: Active
  • ON SITE: 174 Days
  • MLS #: 151848
UPDATED: 63 min ago
$1,900,000
  • 2
    BEDS
  • 0.24
    ACRES
  • 2
    BATHS
  • 5
    1/2 BATHS
  • 22,083
    SQFT
  • $86
    $/SQFT
Neighborhood:
Type:
Single-Family Home
Built:
1945
County:
Area:

School Ratings & Info

School District:

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.

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www.lakehamiltonlakehomes.com/homes/166186116
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1010 Central Avenue Hot Springs, AR 71901

  • Price: $1,900,000
  • Status: Active
  • On Site: 174 Days
  • Updated: 63 min ago
  • MLS #: 151848
2
Beds
2
Baths
5
½ Baths
0.24
Acres
22,083
SQFT
$86
$/SQFT
1945
Built
Neighborhood:
Hsr Blk 105
County:
Garland
Area:
Hot Springs
School District:
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 Guttering Lot LevelZero Lot LineResort PropertyWill SubdivideMountain ViewIn City Parking Four Car or MoreAuto Door OpenerGarage Roof FlatOther (See Remarks)

Interior Features

Dining Area Separate Dining RoomEat-In KitchenSeparate Breakfast RoomBreakfast Bar Energy Features Extra Insulation Fireplace None Floors VinylTileConcrete Foundation Slab Heating Air Conditioning Central Cool - ElectricCentral Heat - GasCentral Heat - ElectricSpace Heater - GasZoned Units3 UnitsMini Split Interior Features Wet BarDry BarBreakfast BarWasher ConnectionDryer Connection-ElectricWater Heater-GasWalk-in ShowerWindow TreatmentsWalk-In Closet(s)Handicap DesignPrimary Bedroom w/BathInternet Kitchen Equipment Free-Standing StoveGas RangeDishwasherPantryRefrigerator StaysIce Maker Connection Other Rooms Great RoomDen/Family RoomOffice/StudyGame RoomWorkshop/CraftBonus RoomUnfinished SpaceLaundry RoomSafe/Storm Room Smart Home Features Cameras Stories Two Story Walls Plaster

Property Features

Approx Lot Size 10629 Estimated Annual Taxes 3263.71 Possession At ClosingNegotiableSubject to Tenancy Rented YN Yes Road Surface Paved Sale Rent For Sale Sales Terms Exchange/Trade Senior Community55 Or More NO Tax Year 2024 Type Residential Single Family Utilities Sewer - MunicipalWater - MunicipalElectric – EntergyGas-NaturalAll Underground Warranty Normal Wrkng OrdrAs O&A Will Subdivide YN Yes Zoning CBD Central Bus. District

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