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420 Central Avenue

Hot Springs, AR 71901
  • $1,725,000
  • STATUS: Active
  • ON SITE: 84 Days
  • MLS #: 153884
UPDATED: 66 min ago
$1,725,000
  • 0
    BEDS
  • 0.14
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 18,536
    SQFT
  • $93
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1930
County:
Area:

School Ratings & Info

Description

One of the largest spaces on Central Avenue! With immediate income from current tenant, this property is perfect for investors seeking income, scale and visibility in Downtown Hot Springs. Property has been owned by the same family since 1901. Property Highlights: Prime Downtown Location – located in the heart of Central Avenue, Hot Springs’ busiest corridor across from BathHouse Row and The National Park Approx. 18,536 SqFt – one of the largest properties available on Central Avenue Immediate Income – currently producing rental income with established tenant High Visibility & Foot Traffic – positioned along a major tourist and local destination hub Investment Growth – surrounded by thriving businesses, attractions, and redevelopment projects Located in the Opportunity Zone. Potential eligible for State, Federal, and Historic Tax Credits

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www.lakehamiltonlakehomes.com/homes/172289665
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420 Central Avenue Hot Springs, AR 71901

  • Price: $1,725,000
  • Status: Active
  • On Site: 84 Days
  • Updated: 66 min ago
  • MLS #: 153884
0
Beds
0
Baths
0
½ Baths
0.14
Acres
18,536
SQFT
$93
$/SQFT
1930
Built
Neighborhood:
Hsr Blk 88
County:
Garland
Area:
Hot Springs
Property Description
One of the largest spaces on Central Avenue! With immediate income from current tenant, this property is perfect for investors seeking income, scale and visibility in Downtown Hot Springs. Property has been owned by the same family since 1901. Property Highlights: Prime Downtown Location – located in the heart of Central Avenue, Hot Springs’ busiest corridor across from BathHouse Row and The National Park Approx. 18,536 SqFt – one of the largest properties available on Central Avenue Immediate Income – currently producing rental income with established tenant High Visibility & Foot Traffic – positioned along a major tourist and local destination hub Investment Growth – surrounded by thriving businesses, attractions, and redevelopment projects Located in the Opportunity Zone. Potential eligible for State, Federal, and Historic Tax Credits
Interior Features

Stories Three Story

Property Features

Approx Frontage 48 Business Use Type RetailHotel/MotelMulti-Family Estimated Annual Taxes 4178.06 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