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Renovated Office Building with Shop Area
For Sale
$249,500

202 & 212 3RD Street, Hot Springs, AR 71913

COMMERCIAL - Hot Springs, AR

Property Size11,220 SF
Lot Size0.26 Acres
Price / SF$22.24
Days on Market35

Property Features for 202 & 212 3RD Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning RN-2 Res Nbhd 2 District
Zoning description RN-2 Res Nbhd 2 District
Subdivision South Hot Springs Addition
Directions On Third Street across from Falk Plumbing Supply
Standard status Active
Size 11,220 SF
Lot size 0.26 Acres

Taxes and HOA fees

Tax Description Block 11, Lot 1 & Part of Lot 2, South Hot Springs Addition, Garland County, AR
Tax Annual Amount 1465
Legal Description Block 11, Lot 1 & Part of Lot 2, South Hot Springs Addition, Garland County, AR

Building Details

Year built 1920
Listing Agency: ESQ. Realty Group
Listed By: Jeffery Vaughn · License #SA00082445
Added: Jul 9 Changed: Aug 4 Last Checked: Aug 12 at 10:06AM
MLS# 156321

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.

Investment Insights

Based on property information with market context.

This offering includes two commercial office buildings at 202 & 212 3RD Street in Hot Springs. The primary office building is approximately 3,500 SF and was renovated a few years ago, offering move-in ready space. It also includes a shop area in the back, providing flexibility for a variety of office-adjacent uses. The adjacent building is two stories and is structurally sound but needs a full renovation.

Together, the buildings provide more than 11,000 SF of combined space, and the properties share a parking lot between them.

Set on a 0.26-acre lot and built in 1920, these buildings are positioned for buyers looking for both immediate occupancy in the renovated office and a larger renovation opportunity in the neighboring two-story structure.

Key Highlights

  • Combined 11,220 SF across two office buildings
  • Primary office building is approx. 3,500 SF with a shop area in back
  • Office building renovated a few years ago, move‑in ready

Property Analytics

Current Use

American Services Arkansas HVAC Service Angela Stein Foster Care Service The Drop-In Charitable Organization J & N Enterprises ... Hardware & Home Improvement

Suggested Use

Top Pick Storage Facility Skin Care Clinic Locksmith Parking Lot & Garage Auto Parts Store (Bike/Boat/Book/etc) 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

1,328
Businesses Nearby

Demographics for 71913, AR

46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value

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?
Office building - Two office buildings totaling 11,220 SF share a parking lot, with an office/shop space renovated in recent years.
Where is this office building located?
The property is located at 202 & 212 3RD Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $249,500.
What are key features of this property?
This property features: Combined 11,220 SF across two office buildings; Primary office building is approx. 3,500 SF with a shop area in back; Office building renovated a few years ago, move‑in ready
More about this property
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