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    2914 Central Ave Hot Springs, AR 71913

    For Sale
    Contact for pricing

    Commercial Building - Hot Springs, AR

    Property size:
    825 SF
    Days on Market:
    123
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 2914 Central Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    C-R Reg Comm District
    Size
    825 SF

    Utilities

    Heating system
    Zoned (Heating)
    Cooling system
    Multi Units, Zoned

    Building Details

    Year built
    1970
    Flooring type
    Vinyl
    Building materials
    Block
    Architectural style
    Other

    ESQ. Realty Group-Hot Springs (501) 255-0509 [email protected]

    Listing agent Ismael Aguirre-Rivera (501) 255-0509 License #SA00097518

    Listing date Aug 7, 2025

    MLS# 152044 Listing URL

    Copyright © 2025 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.

    Overview

    High-Traffic Retail Space Available

    This commercial suite is available for lease and is situated on Central Avenue in Hot Springs, a location known for its high traffic volume. Located in front of the Oaklawn Hotel and Casino, Oaklawn Plaza provides retail, office, liquor, and restaurant spaces along Central Avenue. The retail suite benefits from its proximity to popular restaurants, hotels, and growing residential communities, making it suitable for businesses seeking exposure and consistent foot traffic. The location experiences an estimated traffic volume of over 40,000 vehicles per day between Central Avenue and Higdon Ferry Road, connected by Vineyard St. The area benefits from 24/7 business and tourist traffic. The property is next to a Sonic restaurant with 56,700 monthly visits. The property is zoned C-R Reg Comm District and offers 825 square feet of living area.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Spa City Cannabis ... Cannabis Store

    Suggested Use

    Restaurant Building Supply Auto Repair Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.060173
    Latitude
    34.481001

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    FAQs

    What type of property is this?
    Retail space - Retail suite on Central Avenue with high visibility and traffic.
    Where is this retail space located?
    The property is located at 2914 Central Ave Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $2,000.
    What are key features of this property?
    This property features: - Located on Hot Springs' highest trafficked central avenue.; - In front of Oaklawn Hotel and Casino.; - High visibility retail suite surrounded by popular restaurants, hotels, and growing residential communities.
    (501) 255-0509
    Request Owner's contact information
    2914 Central Ave Hot Springs, AR 71913
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    Hot Springs, AR 71913
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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
    2914 Central Ave Hot Springs, AR 71913
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