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348 Central, Hot Springs, AR 71901

$1,500,000
  • 348 Central, Hot Springs, AR 71901 Main Photo

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Active
SQUARE FEET8,534 MLS#152853
STATUSActive PROPERTY TYPECommercial - Investment SUBDIVISIONHsr NEIGHBORHOODHOT SPRINGS

Property Description

Prime Investment Opportunity in the Heart of Historic Downtown Hot Springs! Own a remarkable piece of Hot Springs history with this iconic downtown landmark?next door to The Waters Hotel, overlooking Bathhouse Row and steps away from the Arlington Hotel. Boasting 8,534 square feet of architectural charm, this building is perfectly positioned to capture the year-round energy and tourism of the National Park District. The main level features 4,200 square feet of prime retail space, complete with expansive display windows and a long-term tenant already secured with a three-year lease?making this an immediate income producer! Upstairs, you'll find another 4,200 square feet of untapped potential?a blank canvas brimming with possibilities. Imagine transforming this open space with its soaring ceilings, original hardwood floors, and stunning skylight into upscale Airbnb suites, luxury condos, creative workspaces, or an event venue that showcases the best of Hot Springs living. With its unbeatable location, history, and built-in cash flow, this property offers a rare chance to invest where tourism, charm, and opportunity converge. The story of this grand building is ready for its next chapter?make it yours!

348 Central | MLS# 152853

This commercial property located at 348 Central, Hot Springs, AR 71901 is currently listed for sale with an asking price of $1,500,000. Search Hot Springs real estate on www.clcommercialrealestate.com today.

Property Features

Property Type: Commercial - Investment
Property Type: Commercial Building
Stories: 3.0
Taxes: $3,400
Year Built: 1907

Feature Descriptions

Business Type: Retail, Recreational, Hotel/Motel, Other (See Remarks), Restaurant, Income, Multi-Family, Office
Days on Site: 144
Exterior: Brick
Flooring: Partial Carpet, Wood
Foundation: Slab
Road Surface: Paved
Zoning: R-S Res Sub District, RN-1 Res Nbhd 1 District

Listed By / Shown By

Listed By

Agency Name: Trademark Real Estate, Inc.
Agency Phone: 501-318-3200

Shown By

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

IDX logo

Source: Hot Springs MLS

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