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
| MLS # | 154063 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1895 |
| Days On Site | 196 |
| Listing Provided By | Urban Living and Development INC | Amber Henson |
| SQ Feet | 8,564 |
|---|---|
| Story(s) | 2 |
| Acreage | 0.10 |
| Property | 3298 |
|---|
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71901 |
| Area | Garland |
| Community Name | HSR BLK 77 |
| Listing VS Median (in HSR BLK 77) | |
Price: $1,550,000 low | high Med: $1,550,000 sqft: 8,564 low | high Med: 8,564 $ / sqft: $181 low | high Med: $181 On site: 196 low | high Med: 196 | |
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71901 |
| Area | Garland |
| Community Name | HSR BLK 77 |
| Listing VS Median (in HSR BLK 77) | |
Price: $1,550,000 low | high Med: $1,550,000 sqft: 8,564 low | high Med: 8,564 $ / sqft: $181 low | high Med: $181 On site: 196 low | high Med: 196 | |