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520 E Grand Avenue

Hot Springs, AR 71901
  • $193,000
  • STATUS: Active
  • ON SITE: 70 Days
  • MLS #: 155391
UPDATED: 63 min ago
$193,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,930
    SQFT
  • $24
    $/SQFT
Neighborhood:
Hsr
Type:
Commercial
Built:
1965
County:
Area:

School Ratings & Info

Description

Excellent commercial investment opportunity on the east side of Hot Springs with strong visibility and direct access to the Little Rock Highway corridor. 514 E. Grand Avenue is a retail strip center offering approximately 5,845 square feet (approximately 543 square meters) divided into three rentable units. One tenant is currently operating a successful vintage resale shop, providing immediate income potential. The property features ample storefront parking, an adjacent lot, excellent corner positioning, and outstanding street visibility with a high daily traffic count. Significant improvements and updates have been completed since the current owner acquired the property. Connected to the center, 520 E. Grand Avenue offers an additional 2,085 square feet (approximately 194 square meters) and is currently occupied by an HVAC business. This section includes a garage door for convenient loading and unloading access, making it ideal for service-oriented or light industrial commercial use. Electric and gas utilities are separately metered, creating flexibility for both ownership and tenant management. This is an excellent opportunity for investors seeking a well-positioned income-producing commercial property along one of the main corridors of Hot Springs. The property may also be purchased in conjunction with additional investment properties from the same investor portfolio. Feel free to conduct a site visit; however, please do not disturb the tenants or their ongoing business operations.

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www.lakehamiltonlakehomes.com/homes/176245109
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520 E Grand Avenue Hot Springs, AR 71901

  • Price: $193,000
  • Status: Active
  • On Site: 70 Days
  • Updated: 63 min ago
  • MLS #: 155391
0
Beds
0
Baths
0
½ Baths
N/A
Acres
7,930
SQFT
$24
$/SQFT
1965
Built
Neighborhood:
Hsr
County:
Garland
Area:
Hot Springs
Property Description
Excellent commercial investment opportunity on the east side of Hot Springs with strong visibility and direct access to the Little Rock Highway corridor. 514 E. Grand Avenue is a retail strip center offering approximately 5,845 square feet (approximately 543 square meters) divided into three rentable units. One tenant is currently operating a successful vintage resale shop, providing immediate income potential. The property features ample storefront parking, an adjacent lot, excellent corner positioning, and outstanding street visibility with a high daily traffic count. Significant improvements and updates have been completed since the current owner acquired the property. Connected to the center, 520 E. Grand Avenue offers an additional 2,085 square feet (approximately 194 square meters) and is currently occupied by an HVAC business. This section includes a garage door for convenient loading and unloading access, making it ideal for service-oriented or light industrial commercial use. Electric and gas utilities are separately metered, creating flexibility for both ownership and tenant management. This is an excellent opportunity for investors seeking a well-positioned income-producing commercial property along one of the main corridors of Hot Springs. The property may also be purchased in conjunction with additional investment properties from the same investor portfolio. Feel free to conduct a site visit; however, please do not disturb the tenants or their ongoing business operations.
Exterior Features

Exterior Features Dumpster Foundation Slab Parking 11-20 Spaces

Interior Features

Stories One Story

Property Features

Approx Frontage 143' Business Use Type RetailOffice Estimated Annual Taxes 1455 Garage Stalls 1 Lease Type Gross Possession At ClosingEarly Occupancy PossibleNegotiable Price Includes Real Estate Road Surface Paved Sale Rent For Sale Tax Year 2025 Tenant Paid Expenses ElectricGas Transportation On Bus-LineHighway Frontage Type Commercial Building Utilities Available ElectricGas-NaturalSewer-PublicWater-Public Warranty As-IsPrsnt Cnd at Clsng Will Subdivide YN No Zoning C-R Reg Comm District

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