Search
Two-Building Office Property
For Sale
$249,500

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

COMMERCIAL/INDUSTRIAL, Hot Springs, AR

Property Size11,220 SF
Lot Size0.26 Acres
Price / SF$22.24
Days on Market80

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: Sep 5 Last Checked: Sep 26 at 3:06PM
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 office property comprises two commercial buildings totaling 11,220 square feet on 0.26 acres. The primary office building contains approximately 3,500 square feet, was renovated a few years ago, and includes a shop area at the rear. A shared parking lot serves both structures.

The adjacent two-story building dates to 1920 and is structurally sound but requires a full renovation. The property is located at 202 & 212 3RD Street in Hot Springs, near downtown and in an area described as having high traffic. The two-building configuration combines an improved office component with additional space requiring substantial rehabilitation.

Key Highlights

  • Two commercial buildings totaling 11,220 square feet
  • Approximately 3,500‑square‑foot office building renovated a few years ago
  • Rear shop area included with the office building

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open 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 Locksmith Butcher (Bike/Boat/Book/etc) Store Carpet & Flooring Store Parking Lot & Garage

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

1,454
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
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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Office building - Renovated office space includes a rear shop area and shared parking between the buildings.
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: Two commercial buildings totaling 11,220 square feet; Approximately 3,500‑square‑foot office building renovated a few years ago; Rear shop area included with the office building
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message