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Downtown Mixed-Use Loft
For Sale
$1,414,350

121 Exchange Street, Hot Springs, AR 71901

Commercial / Industrial, Hot Springs, AR

Property Size3,143 SF
Price / SF$450
Days on Market48

Property Features for 121 Exchange Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 5
Directions North on Central Ave to left onto Interior Ct to right onto Exchange St to 121 Exchange on the right
Subdivision HOT SPRINGS SCHOOL DISTRICT
Standard status Active
Size 3,143 SF

Taxes and HOA fees

Tax Description HSR BLK 88
Tax Annual Amount 999999
Legal Description HSR BLK 88

Amenities

private patio
rooftop terrace
exposed brick wall
arched windows
office nook

Building Details

Year built 1893
Floors in Building 3
Flooring type Tile, Wood
Listing Agency: Meyers Realty Company
Listed By: Sarah Bentley
Added: Jul 29 Changed: Sep 9 Last Checked: Sep 14 at 3:06PM
MLS# 26030895

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,143-square-foot mixed-use property combines historic architecture with updated interior detailing in a downtown setting. Built in 1893, the space includes three bedrooms, an office nook or flex area, 14-foot ceilings, arched windows, exposed brick, tile and wood flooring, handmade woodwork, copper accents, and epoxy countertops. A private main-level patio and upper rooftop terrace extend the usable space outdoors.

The property is located on Exchange Street near historic Bathhouse Row in Hot Springs, with views toward Bathhouse Row and the surrounding mountains. Its Opportunity District location supports a flexible residential or business use, subject to applicable requirements. The configuration can accommodate a live-work arrangement, residence, second home, or business setting as described in the listing.

Key Highlights

  • 3,143 square feet in a mixed‑use live‑work property
  • Built in 1893 with historic architectural elements
  • Three bedrooms plus an office nook or flex space

Property Analytics

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Current Use

Chili cook-off Event Planning

Suggested Use

Top Pick Storage Facility Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,064
Businesses Nearby

Demographics for 71901, AR

29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Historic commercial-residential space with custom finishes, private outdoor areas, and flexible live-work potential.
Where is this mixed-use property located?
The property is located at 121 Exchange Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $1,414,350.
What are key features of this property?
This property features: 3,143 square feet in a mixed‑use live‑work property; Built in 1893 with historic architectural elements; Three bedrooms plus an office nook or flex space
More about this property
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