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    245 Silver St Hot Springs, AR 71901

    For Sale
    $145,000

    Traditional, Building and Land - Hot Springs, AR

    Property size:
    1,100 SF
    Lot size:
    0.12 Acres
    Days on Market:
    142
    Last Refresh:
    Dec 13 at 9:06 pm

    Property Features for 245 Silver St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    APN
    400-32600-003-000C
    Parking
    3
    Interior features
    In-unit Bathroom
    Exterior features
    Fully Fenced
    Fencing
    Fenced, Full
    Size
    1,100 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Natural Gas, Space Heater
    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1935
    Floors in Building
    1
    Flooring type
    Carpet, Carpet - Partial, Tile
    Building materials
    Vinyl Siding
    Roof type
    Composition
    Architectural style
    New Traditional

    Keller Williams Realty (501) 907-5959 [email protected]

    Listing agent Nancy Bergeron (501) 907-5959

    Listing date Jul 25, 2025

    MLS# 25029570 Listing URL

    Copyright © 2025 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.

    Overview

    Mixed-Use Property Near Downtown

    This mixed-use property package features a 1,167 square foot single-family home with 3 bedrooms and 2 bathrooms, alongside a 1,100 square foot commercial building. Situated near downtown Hot Springs and Historic Central Avenue, the property offers convenient access to Bathhouse Row, art galleries, shopping, restaurants, and the Convention Center. The location also provides easy access to biking and hiking trails. The commercial building includes a half bath and an open layout suitable for a boutique, gallery, studio, or small business. The home features a comfortable layout and a fenced yard. Both properties are located side-by-side on a 0.12-acre lot, allowing for easy access. This property offers the flexibility to live, work, or invest, with potential for dual rental income streams.
    Property Profile Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.043706
    Latitude
    34.504521

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    FAQs

    What type of property is this?
    Mixed-use property - Two buildings, residential and commercial, near Hot Springs' attractions.
    Where is this mixed-use property located?
    The property is located at 245 Silver St Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $145,000.
    What are key features of this property?
    This property features: - Prime Location: Just 1 minute to Downtown Hot Springs and Historic Central Avenue.; - Dual Property Package: Includes a 3 bed, 2 bath single family home (1,167 SF) and a 1,100 SF commercial building.; - Versatile Investment/Lifestyle: Suitable for living, working, dual rental income, or launching a business.
    (501) 907-5959
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    245 Silver St Hot Springs, AR 71901
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    Hot Springs, AR 71901
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    245 Silver St Hot Springs, AR 71901
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