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122 Central Avenue

Hot Springs, AR 71901
  • $1,125,000
  • STATUS: Active
  • ON SITE: 22 Days
  • MLS #: 153881
UPDATED: 18 min ago
$1,125,000
  • 0
    BEDS
  • 0.19
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,044
    SQFT
  • $278
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1891
County:
Area:

School Ratings & Info

Description

This rare opportunity places you at the center of one of Arkansas’s most iconic destinations. With prime Central Avenue frontage, long-standing history, and strong income already in place, this property offers both immediate returns and unmatched potential for future growth. Highlights: ± 4,044 SqFt of versatile space Immediate income stream – 2 retail storefronts on the 1st floor, 2 residential condos upstairs Building held by the same family since 1901 – a true piece of Hot Springs history Premium Central Avenue location with constant pedestrian flow Endless options for retail, restaurant, or office use Surrounded by popular shops, dining, and historic attractions Situated in the Opportunity Zone Potential eligibility for State, Federal, and Historic Tax Credits

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www.lakehamiltonlakehomes.com/homes/172289662
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122 Central Avenue Hot Springs, AR 71901

  • Price: $1,125,000
  • Status: Active
  • On Site: 22 Days
  • Updated: 18 min ago
  • MLS #: 153881
0
Beds
0
Baths
0
½ Baths
0.19
Acres
4,044
SQFT
$278
$/SQFT
1891
Built
Neighborhood:
Hsr Blk 128
County:
Garland
Area:
Hot Springs
Property Description
This rare opportunity places you at the center of one of Arkansas’s most iconic destinations. With prime Central Avenue frontage, long-standing history, and strong income already in place, this property offers both immediate returns and unmatched potential for future growth. Highlights: ± 4,044 SqFt of versatile space Immediate income stream – 2 retail storefronts on the 1st floor, 2 residential condos upstairs Building held by the same family since 1901 – a true piece of Hot Springs history Premium Central Avenue location with constant pedestrian flow Endless options for retail, restaurant, or office use Surrounded by popular shops, dining, and historic attractions Situated in the Opportunity Zone Potential eligibility for State, Federal, and Historic Tax Credits
Interior Features

Stories Two Story

Property Features

Approx Frontage 47 Business Use Type RetailOther (See Remarks)Income Estimated Annual Taxes 3107.26 Price Includes Lease ValueReal Estate Sale Rent For Sale Tax Year 2025 Type Commercial Building Utilities Available ElectricSewer-PublicWater-Public 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