$1,550,000
( )
 $8,321 est/mo Sourced by Back At You

700 Central Avenue,Hot Springs, AR 71901

Hot Springs, AR 71901

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Description

BUILDING ONLY-DOES NOT INCLUDE BUSINESS Corner Lot on Central Avenue - High-Visibility Investment in Historic Downtown Hot Springs Situated at the prominent intersection of Central Avenue and Prospect Avenue, this large-scale commercial property offers immediate income and endless potential. Spanning more than 8,500 sq ft, the building provides ample space for retail, dining, entertainment, or redevelopmentright in the heart of Hot Springs. Property Highlights: ± 8,564 SqFt of versatile commercial space Prime corner frontage along bustling Central Avenue Same family ownership since 1901 - a true legacy property Flexible layout ideal for multiple business types or mixed-use concepts Exceptional visibility and steady pedestrian & vehicle traffic Located in the Opportunity Zone Potential eligibility for State, Federal, and Historic Tax Credits

Details

MLS #154063
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1895
Days On Site196
Listing Provided ByUrban Living and Development INC | Amber Henson

Features

SQ Feet8,564
Story(s)2
Acreage0.10

Taxes

Property3298

Area Information

StateAR
CountyGarland
CityHot Springs
Zip Code71901
AreaGarland
Community NameHSR BLK 77
Listing VS Median (in HSR BLK 77)
Price:
$1,550,000
low | high
Med:
$1,550,000
50% of Average
sqft:
8,564
low | high
Med:
8,564
50% of Average
$ / sqft:
$181
low | high
Med:
$181
50% of Average
On site:
196
low | high
Med:
196
100% of Average
Sourced by Back At You

Market Activity 71901

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Learn More About This Property

StateAR
CountyGarland
CityHot Springs
Zip Code71901
AreaGarland
Community NameHSR BLK 77
Listing VS Median (in HSR BLK 77)
Price:
$1,550,000
low | high
Med:
$1,550,000
50% of Average
sqft:
8,564
low | high
Med:
8,564
50% of Average
$ / sqft:
$181
low | high
Med:
$181
50% of Average
On site:
196
low | high
Med:
196
100% of Average
Sourced by Back At You
Nearby Listings (Within 1/10 mile)
Price: $1.162M - $1.937M
sqft: 6,000 - 10,500
Listing Updated: July 9, 2026 at 9:16:43 AM PDT