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1010 Central Avenue, Hot Springs, AR 71901

$1,900,000
  • 1010 Central Avenue, Hot Springs, AR 71901 Main Photo

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Active
SQUARE FEET22,083 MLS#151843
STATUSActive PROPERTY TYPECommercial - Investment SUBDIVISIONHSR BLK 105 NEIGHBORHOODHOT SPRINGS

Property Description

Heart of city & entry block to Downtown area with 22,000sqf of space. Concrete & Steel construction, Not in flood zone. Building could be used in many different ways with CBD/C1 zoning. 11' ceilings. Retail, museum, restaurant, office and more. Residence top floor, vacation rental or see the plans for 9 rental loft apartments. Newer roof(60mil TPO) with decking insulation, fiber optic wifi, Newer HVAC, commercial kitchen with grease trap, electrical & plumbing upgrades, emergency exit signage & lighting, new garage door opener, plumbed bars, paint and more. Garage can park 11 vehicles easily. 2nd story kitchen area has 10' commercial vent hood & plumbing updates. 2nd floor has indoor ramp from street level as well as stairs for access. Building is on city parade route. The roof has some of the best downtown & mountain views-would host a great rooftop deck & still have room for solar panels. Upstairs & Downstairs are metered separately. Ample parking surrounds. Located just 2 blocks South of historic district boundary regulation and parking struggle but high foot traffic & vehicle count with several new adjacent businesses. Could be purchased with neighboring building which is 9000+sqf. Commercial/Residential is likely highest & best use but many options are available for this space.

1010 Central Avenue | MLS# 151843

This commercial property located at 1010 Central Avenue, Hot Springs, AR 71901 is currently listed for sale with an asking price of $1,900,000. Search Hot Springs real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Commercial - Investment
Fenced: Yes
Garage: 11
Property Type: Commercial Building
Roof Type: Other (See Remarks)
Stories: 3.0
Taxes: $3,530
Year Built: 1945

Feature Descriptions

Business Type: Retail, Recreational, Hotel/Motel, Other (See Remarks), Restaurant, Income, Multi-Family, Office
Days on Site: 223
Energy: Extra Insulation
Exterior: Brick
Exterior: Partially Fenced, Pole Sign, Door Sign
Foundation: Slab
Heating/Cooling: Central Cool-Electric, Central Heat-Electric, Central Heat-Gas, Heat Pump, Space Heater-Gas, Zoned Units
Interior: Public Restrooms, Display Window, Handicapped Design, Ceiling Height (Remarks)
Parking: 1-10 Spaces
Road Surface: Paved
Zoning: CBD Central Bus. District

Listed By / Shown By

Listed By

Agency Name: Rix Realty - Advantage Team Realtors
Agency Phone: 501-205-1900

Shown By

Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666

IDX logo

Source: Hot Springs MLS

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