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1010 CENTRAL Avenue Hot Springs, AR 71901

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For Sale
$2,150,000

Commercial Building - Hot Springs, AR

Property size:
22,083 SF
Price / SF:
$97/SF
Added:
Apr 21, 2026
Days on Market:
7
Last Refresh:
Apr 27 at 11:06 pm

Property Features for 1010 CENTRAL Avenue

General Information

Property type
Commercial Sale
Property subtype
Other
Zoning
CBD Central Bus. District
Parking features
Garage
Interior features
Extra Insulation, Public Restrooms, Display Window, Handicapped Design, Ceiling Height (remarks)
Exterior features
Partially Fenced, Pole Sign, Door Sign
Fencing
Fenced, Partial
Accessibility
Accessible Approach with Ramp
Standard status
Active
Size
22,083 SF

Taxes and HOA fees

Tax Year
2023
Tax Annual Amount
3530

Utilities

Heating system
Central, Electric (Heating), Heat Pump (Heating), Natural Gas, Space Heater, Zoned (Heating)
Cooling system
Heat Pump, Multi Units, Zoned

Building Details

Year built
1945
Building materials
Brick
Roof type
Other, See Remarks
Architectural style
Other

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Listing Contact
Chris Rix
Chris Rix

Listing agent Chris Rix License #00059757

Listing office Rix Realty - Advantage Team Realtors 1010 Central Ave, Hot Springs, AR

Listing date Apr 21, 2026

MLS# 151843 Listing URL

Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.


Overview

Downtown Hot Springs Mixed-Use Building

Located in the heart of the city and at the entry block to the downtown area, this commercial building offers 22,000 sqft of space. Constructed with concrete and steel, the property is not in a flood zone. Its CBD/C1 zoning allows for various uses, including retail, museum, restaurant, and office spaces. The building features 11-foot ceilings throughout. The top floor can serve as a residence, vacation rental, or be converted into nine rental loft apartments based on existing plans. Recent upgrades include a newer roof with decking insulation, fiber optic wifi, newer HVAC system, a commercial kitchen equipped with a grease trap, electrical and plumbing enhancements, emergency exit signage and lighting, and a new garage door opener. Plumbed bars and fresh paint are also present. The garage can accommodate 11 vehicles. The second-story kitchen area includes a 10-foot commercial vent hood and updated plumbing. Access to the second floor is provided by an indoor ramp from street level and stairs. Situated on the city parade route, the building's roof offers views of downtown and the mountains, making it suitable for a rooftop deck and solar panels. The upstairs and downstairs areas are metered separately. Ample parking is available in the surrounding area. Located just two blocks south of the historic district boundary, the property benefits from high foot and vehicle traffic, with several new adjacent businesses. The building could be purchased with a neighboring building of 9000+ sqft. Commercial/residential use is likely the highest and best use, but many options are available for this space.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Temple Vault Inc Trucking Company

Suggested Use

Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Hot Springs
County
Garland
State
Arkansas
Longitude
-93.055237
Latitude
34.506353

FAQs

What type of property is this?
Mixed-use property - 22,000+ sqft mixed-use building in the heart of Hot Springs.
Where is this mixed-use property located?
The property is located at 1010 CENTRAL Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 22,000 sqf building with CBD/C1 zoning allowing for diverse uses.; Concrete & Steel construction, newer roof, and not in a flood zone.; Potential for 9 rental loft apartments or vacation rental on the top floor.
More about this property
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