1001 Central, Hot Springs, AR 71901

$725,000
3,915
SqFt

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List Price
$725,000
Status
ACTIVE
Days on Market
133
MLS#
26017773
Year Built
1932
Living Area
3,915
Lot Size
10,454
Acres
0.24
Subdivision
HSR BLK
MLS Area Major
Hot Springs School District

Property Description

Excellent commercial opportunity in the heart of downtown Hot Springs. Located at 1001 Central Avenue, this 3,915 square foot building offers great visibility, easy access, and a feature that is extremely hard to find downtown—14 dedicated parking spaces. With frontage directly on Central Avenue, this property sits in one of Hot Springs’ busiest commercial and tourism areas with steady traffic from both locals and visitors. The building is currently divided into two separate commercial spaces, giving a new owner plenty of flexibility depending on their business needs. Inside you will find two commercial kitchen areas, four total restrooms, and separate utility systems for each side including central heat and air, alarm systems, hot water tanks, and more. The setup makes the building functional for a wide range of commercial uses including restaurant, retail, office, service, or hospitality. Its downtown location puts it close to shopping, dining, Bathhouse Row, Oaklawn, and close to the new hotel currently being built on Central Avenue. Properties in downtown Hot Springs with this amount of square footage, onsite parking, and versatile commercial space do not come available often

Additional Information

Taxes
$5,798
Exterior Features
Stucco, Metal

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Calculator source: Real Geeks

Listing courtesy of McGraw Realtors - HS.