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348 Central

Hot Springs, AR 71901
  • $1,500,000
  • STATUS: Active
  • ON SITE: 38 Days
  • MLS #: 152853
Price Reduced
$1,500,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 8,534
    SQFT
  • $176
    $/SQFT
Neighborhood:
Hsr
Type:
Commercial
Built:
1907
County:
Area:

School Ratings & Info

Description

Prime Investment Opportunity in the Heart of Historic Downtown Hot Springs! Own a remarkable piece of Hot Springs history with this iconic downtown landmark"next door to The Waters Hotel, overlooking Bathhouse Row and steps away from the Arlington Hotel. Boasting 8,534 square feet of architectural charm, this building is perfectly positioned to capture the year-round energy and tourism of the National Park District. The main level features 4,200 square feet of prime retail space, complete with expansive display windows and a long-term tenant already secured with a three-year lease"making this an immediate income producer! Upstairs, youll find another 4,200 square feet of untapped potential"a blank canvas brimming with possibilities. Imagine transforming this open space with its soaring ceilings, original hardwood floors, and stunning skylight into upscale Airbnb suites, luxury condos, creative workspaces, or an event venue that showcases the best of Hot Springs living. With its unbeatable location, history, and built-in cash flow, this property offers a rare chance to invest where tourism, charm, and opportunity converge. The story of this grand building is ready for its next chapter"make it yours!

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www.lakehamiltonlakehomes.com/homes/168757774
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348 Central Hot Springs, AR 71901

  • Price: $1,500,000
  • Status: Active
  • On Site: 38 Days
  • MLS #: 152853
0
Beds
0
Baths
0
½ Baths
N/A
Acres
8,534
SQFT
$176
$/SQFT
1907
Built
Neighborhood:
Hsr
County:
Garland
Area:
Hot Springs
Property Description
Prime Investment Opportunity in the Heart of Historic Downtown Hot Springs! Own a remarkable piece of Hot Springs history with this iconic downtown landmark"next door to The Waters Hotel, overlooking Bathhouse Row and steps away from the Arlington Hotel. Boasting 8,534 square feet of architectural charm, this building is perfectly positioned to capture the year-round energy and tourism of the National Park District. The main level features 4,200 square feet of prime retail space, complete with expansive display windows and a long-term tenant already secured with a three-year lease"making this an immediate income producer! Upstairs, youll find another 4,200 square feet of untapped potential"a blank canvas brimming with possibilities. Imagine transforming this open space with its soaring ceilings, original hardwood floors, and stunning skylight into upscale Airbnb suites, luxury condos, creative workspaces, or an event venue that showcases the best of Hot Springs living. With its unbeatable location, history, and built-in cash flow, this property offers a rare chance to invest where tourism, charm, and opportunity converge. The story of this grand building is ready for its next chapter"make it yours!
Exterior Features

Exterior Brick Foundation Slab

Interior Features

Floors Partial CarpetWood Stories Two Story

Property Features

Approx Frontage 45 Business Use Type RetailRecreationalHotel/MotelOther (See Remarks)RestaurantIncomeMulti-FamilyOffice Estimated Annual Taxes 3400 Possession At Closing Price Includes Real Estate Road Surface Paved Sale Rent For Sale Transportation On Bus-LineHighway Frontage Type Commercial Building Utilities Available ElectricSewer-PublicWater-Public Warranty As-IsPrsnt Cnd at Clsng Will Subdivide YN No Zoning R-S Res Sub DistrictRN-1 Res Nbhd 1 District

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