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700 Central Avenue

Hot Springs, AR 71901
  • $1,200,000
  • STATUS: Active
  • ON SITE: 396 Days
  • MLS #: 149237
UPDATED: 52 min ago
$1,200,000
  • 0
    BEDS
  • N/A
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 4,267
    SQFT
  • $281
    $/SQFT
Neighborhood:
Hsr
Type:
Commercial
Built:
1895
County:
Area:

School Ratings & Info

Description

If Maxine herself could continue telling you the tales of this wildly popular institution of a local bar they would be lengthy and quite charged at this point. Maxine opened a brothel, then Bob converted it to a coffee & puzzle bar years ago. Most recent ownerships have transformed it into the masterpiece of nightlife that it is now. Countless entertainers and entertainment styles have passed through the doors of this legacy. Local patrons arrive like a religion & tourist guests never miss out on a visit. Location is in the heart of downtown Hot Springs & among the highest foot traffic with new visitors daily. Historically the bar has had great music, whether live or piped and has kept a vibe throughout the years. It is one of the longest running best bars in the state of Arkansas. The bar selection of spirits and beers is quite robust attracting those with discerning palates finding offerings not available in neighboring taverns. While it functions mainly as a bar it is licensed as a restaurant as well. There is a fully functional kitchen where the staff cranks out proper Chicago style deep dish pizza and other deliciously curated pub food. Establishment is non-smoking, but has a comfortable recessed patio with views of North mountain, great architecture and the adjacent hot spring. Band box area is complete with stage, lighting, sound system and an elevated sound booth. Interior design of the bar is chic with murals from local artists and designer hip decor. Lighting is always dim & cozy. There is an ATM, a dart alley and a pool table. Bathrooms have been updated and the entire facility is in excellent functioning order. This bar is currently and has historically been a key account with liquor and beer distributors. All permits convey. Please do not visit the operational business and disturb the great staff inquiring about the sale. Contact the broker. A great opportunity to buy a business with a high net profit.

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www.lakehamiltonlakehomes.com/homes/159362505
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700 Central Avenue Hot Springs, AR 71901

  • Price: $1,200,000
  • Status: Active
  • On Site: 396 Days
  • Updated: 52 min ago
  • MLS #: 149237
0
Beds
0
Baths
0
½ Baths
N/A
Acres
4,267
SQFT
$281
$/SQFT
1895
Built
Neighborhood:
Hsr
County:
Garland
Area:
Hot Springs
Property Description
If Maxine herself could continue telling you the tales of this wildly popular institution of a local bar they would be lengthy and quite charged at this point. Maxine opened a brothel, then Bob converted it to a coffee & puzzle bar years ago. Most recent ownerships have transformed it into the masterpiece of nightlife that it is now. Countless entertainers and entertainment styles have passed through the doors of this legacy. Local patrons arrive like a religion & tourist guests never miss out on a visit. Location is in the heart of downtown Hot Springs & among the highest foot traffic with new visitors daily. Historically the bar has had great music, whether live or piped and has kept a vibe throughout the years. It is one of the longest running best bars in the state of Arkansas. The bar selection of spirits and beers is quite robust attracting those with discerning palates finding offerings not available in neighboring taverns. While it functions mainly as a bar it is licensed as a restaurant as well. There is a fully functional kitchen where the staff cranks out proper Chicago style deep dish pizza and other deliciously curated pub food. Establishment is non-smoking, but has a comfortable recessed patio with views of North mountain, great architecture and the adjacent hot spring. Band box area is complete with stage, lighting, sound system and an elevated sound booth. Interior design of the bar is chic with murals from local artists and designer hip decor. Lighting is always dim & cozy. There is an ATM, a dart alley and a pool table. Bathrooms have been updated and the entire facility is in excellent functioning order. This bar is currently and has historically been a key account with liquor and beer distributors. All permits convey. Please do not visit the operational business and disturb the great staff inquiring about the sale. Contact the broker. A great opportunity to buy a business with a high net profit.
Exterior Features

Exterior BrickFrame Exterior Features Door Sign Foundation Slab

Interior Features

Heating Air Conditioning Central Cool-ElectricZoned Units Interior Features Public RestroomsDisplay WindowEquipment (See Remarks)Inventory (See Remarks)Handicapped Design Stories One Story Walls Plaster

Property Features

Approx Frontage 49' Business Use Type Restaurant Estimated Annual Taxes 3063 Lease Type Single Net Possession At ClosingNegotiable Price Includes GoodwillEquipmentInventoryLease ValueLicenses Road Surface Paved Sale Rent For Sale Tax Year 2023 Tenant Paid Expenses TaxesInsuranceMaintenanceTrashElectricGasWater/SewerPest ControlInternetCable/TVJanitorial Transportation On Bus-LineHighway Frontage Type Business Only Utilities Available ElectricGas-NaturalSewer-PublicWater-Public Warranty Normal Wrkng OrdrAs O&A Will Subdivide YN No Zoning C-1 Central Business Dist

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