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Retail Center Near Oaklawn
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2002-2038 Central Avenue, Hot Springs, AR 71901

SINGLE_FAMILY - Hot Springs, AR

Property Size33,325 SF
Lot Size1.45 Acres
Price / SF$0.00
Days on Market411

Property Features for 2002-2038 Central Avenue

General Information

Property type Residential
Property subtype Retail
Directions West side of Central Avenue, bounded by Manor Circle on the North and the South.
Subdivision HOT SPRINGS SCHOOL DISTRICT
Standard status Active
Size 33,325 SF
Lot size 1.45 Acres

Taxes and HOA fees

Tax Description Block 001 Lot 014
Tax Annual Amount 7529
Legal Description Block 001 Lot 014

Building Details

Year built 1950
Floors in Building 1
Listing Agency: White Stone Real Estate
Listed By: Dane Thomson
Added: Jun 23, 2025 Changed: May 21 Last Checked: Aug 7 at 12:06PM
MLS# 25025172

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.

Freeman Center is a retail center located in Hot Springs, Arkansas. The property is situated minutes from Oaklawn. The available suite, 2010, offers 5608 square feet. The property provides pull-in parking for both tenants and visitors. The property size is 33325 square feet and the lot size is 1.45 acres.

Key Highlights

  • Established retail center (Freeman Center) with a long history in Arkansas.
  • Convenient pull‑in parking for tenants and visitors.
  • Located minutes from Oaklawn.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Pharmacy Storage Facility Locksmith (Bike/Boat/Book/etc) Store Butcher Pet Store

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

Location Intelligence

Trade Area within ½ mile

601
Businesses Nearby
12k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Dining 70% Hotels & Casinos 27% Shops & Services 4%
Waffle House Dining
6,367 visits/mo 0.1 miles
Best Western Winners Circle Hotels & Casinos
2,697 visits/mo 0.5 miles
Sam's Southern Eatery Dining
1,726 visits/mo 0.1 miles
Liberty Tax Shops & Services
413 visits/mo 0.2 miles
Days Inn Hot Springs Hotels & Casinos
387 visits/mo 0.2 miles

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

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • Coin Cloud Bitcoin ATM 1600 Central Ave, Hot Springs, AR 71901

Frequently Asked Questions

What type of property is this?
Shopping center - Retail center with available suite near Oaklawn in Hot Springs.
Where is this shopping center located?
The property is located at 2002-2038 Central Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Established retail center (Freeman Center) with a long history in Arkansas.; Convenient pull‑in parking for tenants and visitors.; Located minutes from Oaklawn.
More about this property
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