Hot Springs, AR Conventional Restaurants for Sale

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Updated: Apr 21

Mixed-Use Building with Garage

1010 CENTRAL Avenue, Hot Springs, AR 71901

$2,150,000

22,083 sqft

22,083‑square‑foot mixed‑use building at 1010 Central Avenue
CBD/C1 zoning with retail, museum, restaurant, office, and residential‑use potential
Concrete and steel construction with 11' ceilings
Newer 60mil TPO roof with decking insulation and newer HVAC
Commercial kitchen with grease trap and 10' commercial vent hood

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1010 CENTRAL Avenue, Hot Springs, AR 71901

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Est. Cap Rate

8.1%
Above avg (5.9%)
Est. NOI

$174K
Annual
Price @ 7% Cap

$2.49M
Above asking
Property Type

Retail Stores
Built 1945

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Updated: Jul 1

Restaurant and Bar Building with Parking

101 Central Avenue, Hot Springs, AR 71901

$1,350,000

4,125 sqft 0.41 AC lot

Commercial building built in 1960 with a metal roof
Approximately 0.40 acres with 150 ft of frontage on Central Avenue in downtown Hot Springs
Spacious upper and lower levels offering versatile commercial space
Located on Central Avenue directly across from the former Majestic Hotel redevelopment site
Includes a large private parking lot for customer and tenant parking

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Downtown Restaurant and Bar Building

101 CENTRAL Avenue, Hot Springs, AR 71901

$1,350,000

4,125 sqft 0.40 AC lot

Landmark restaurant and bar building with upper and lower levels, 150 feet of frontage, and a private parking lot.

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Restaurant Space in Central Business District

4263 CENTRAL Avenue, Hot Springs, AR 71913

$2,500,000

4,832 sqft 0.10 AC lot

Restaurant building on a 0.1-acre lot, zoned CBD Central Bus. District, with sprinkler system and public restrooms.

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Restaurant Space in Hotel Development

4263 Central Ave, Hot Springs, AR 71913

$2,500,000

4,832 sqft

Restaurant property in a hotel and restaurant development, with three nearby hotels and a $500,000 kitchen remodel allowance.

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Restaurant and Bar Building

4977 ALBERT PIKE Road, Hot Springs, AR 71913

$250,000

2,594 sqft 0.97 AC lot

Former bar and grill on a corner lot with indoor dining, bar area, kitchen, and outdoor seating.

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Concrete-and-Steel Retail Building

1010 Central Avenue, Hot Springs, AR 71901

$2,150,000

22,083 sqft 0.24 AC lot

Concrete-and-steel retail building with CBD/C1 zoning, 11' ceilings, and on-site garage parking for 11 vehicles.

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Restaurant Bar on Corner Lot

4977 Albert Pike Rd, Hot Springs, AR 71913

$250,000

2,594 sqft 0.97 AC lot

Former bar and grill includes indoor dining, bar area, kitchen, walk-in cooler, and outdoor seating on a corner lot.

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Downtown Mixed-Use Commercial Building

1001 Central Ave, Hot Springs, AR 71901

$725,000

3,915 sqft

Downtown retail/office building with dedicated parking, frontage on Central Avenue, and two flexible suites.

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Two-Level Bar and Pub Property

101 Central Avenue, Hot Springs, AR 71901

$1,350,000

0.40 AC lot

Two-level commercial building with private parking and established Central Avenue frontage in downtown Hot Springs.

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Freestanding NNN Restaurant Ground Lease

102 Buena Vista Rd, Hot Springs, AR 71913

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3,145 sqft

2019-built restaurant on an absolute NNN ground lease with approximately 10.5 years remaining and fixed 8% increases every five years.

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Restaurant Property for Sale

1010 Central, Hot Springs, AR 71901

$2,150,000

Restaurant-focused commercial property available for sale in Hot Springs, Arkansas.

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Renovated Retail Suites with Restrooms

600 Park Ave, Hot Springs, AR 71901

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Two renovated suites each include a private restroom, separate utilities, and dedicated heating and cooling.

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KFC/Taco Bell NNN Restaurant

141 E Grand Ave, Hot Springs, AR 71901

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KFC/Taco Bell restaurant offered subject to a NNN lease with four 5-year renewal options.

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Waterfront Commercial Land Opportunity

2806 Albert - 2800-2826 Albert Pike, Hot Springs, AR 71913

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Commercial waterfront parcels with Hwy frontage, zoned C4 and all utilities for flexible development options.

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Retail and Restaurant Building with Bay Doors

225 Malvern Ave, Hot Springs, AR 71901

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Downtown Hot Springs multi-level retail/restaurant building with upper level, basement, and bay doors plus drive-in basement access.

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Historic Short-Term Rental Compound

638 Ouachita, Hot Springs, AR 71901

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Historic property with 21 separately metered cottages, garages, owner/manager apartments, and an on-site renovated cafe.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 17 Active Listings in Hot Springs, AR

Hot Springs, AR Conventional Restaurants Market Trends and Statistics

Explore 17 conventional restaurants for sale in Hot Springs, AR, showcased through 17 active listings on our real estate platform. These investment opportunities span a total of 74,328 square feet of properties for sale, with an estimated market value of $16,725,000.

Sale prices for conventional restaurants in Hot Springs, AR start at $250,000, averaging $1,520,454, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 95K

Population Growth (5Y) +5.1%

Median Household Income $57,120

College Educated 14.7%

High-Yield Neighborhoods for Investment

Identify Hot Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Hot Springs National Park - 71901	$1.3M
Hot Springs National Park - 71913	$1.4M

Listings Trend

New vs delisted commercial listings in Garland County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Hot Springs fall within the 50,000 to 100,000 square foot range.

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