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825 Central Avenue

Hot Springs, AR 71901
  • $1,200,000
  • STATUS: Active
  • ON SITE: 94 Days
  • MLS #: 154061
UPDATED: 57 min ago
$1,200,000
  • 0
    BEDS
  • 0.06
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 6,660
    SQFT
  • $180
    $/SQFT
Neighborhood:
Type:
Commercial
Built:
1900
County:
Area:

School Ratings & Info

Description

Prime location near the new hotel being built on the Historic Goddard site. Immediate income with an established tenant on the first floor. Top two floors can be finished out as condos or a boutique hotel offering another source of income. Located in the Opportunity Zone. Potential eligibility for State, Federal and Historic Tax Credits.

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www.lakehamiltonlakehomes.com/homes/172889605
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825 Central Avenue Hot Springs, AR 71901

  • Price: $1,200,000
  • Status: Active
  • On Site: 94 Days
  • Updated: 57 min ago
  • MLS #: 154061
0
Beds
0
Baths
0
½ Baths
0.06
Acres
6,660
SQFT
$180
$/SQFT
1900
Built
Neighborhood:
Hsr Blk 68
County:
Garland
Area:
Hot Springs
Property Description
Prime location near the new hotel being built on the Historic Goddard site. Immediate income with an established tenant on the first floor. Top two floors can be finished out as condos or a boutique hotel offering another source of income. Located in the Opportunity Zone. Potential eligibility for State, Federal and Historic Tax Credits.
Exterior Features

Roof Other (See Remarks)

Interior Features

Stories Three Story

Property Features

Approx Frontage 25 Business Use Type RetailIncomeMulti-Family Estimated Annual Taxes 2577.62 Lease Type Single Net Possession At Closing Price Includes Lease ValueReal Estate Road Surface Paved Sale Rent For Sale Tax Year 2025 Tenant Paid Expenses TrashElectricWater/SewerPest ControlInternetTelephoneJanitorial Type Commercial Building Utilities Available ElectricSewer-PublicWater-Public Warranty As-IsPrsnt Cnd at Clsng Will Subdivide YN No Zoning CBD Central Bus. District

 
https://bt-photos.global.ssl.fastly.net/hotsprings/1280_boomver_1_154061-2.jpg https://bt-photos.global.ssl.fastly.net/hotsprings/1280_boomver_1_154061-2.jpg https://bt-photos.global.ssl.fastly.net/hotsprings/1280_boomver_1_154061-2.jpg
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Rachelle McClard | Lake Homes Realty
250 Ledgerwood Rd Apt 15
Hot Springs AR, 71913