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Restaurant Property Near Hotels
For Sale
$2,500,000

4263 CENTRAL Avenue, Hot Springs, AR 71913

COMMERCIAL/INDUSTRIAL, Hot Springs, AR

Property Size4,832 SF
Lot Size0.10 Acres
Price / SF$517.38
Days on Market149

Property Features for 4263 CENTRAL Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning CBD Central Bus. District
Zoning description CBD Central Bus. District
Interior features Sprinkler, Public Restrooms, Smoke Detector
Exterior features Lawn Sprinkler
Directions Central Ave to 4236 Central Ave.
Subdivision HOT SPRINGS
Standard status Active
Size 4,832 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description SEE FILE
Tax Annual Amount 6000
Legal Description SEE FILE

Building Details

Year built 1985
Floors in Building 1
Flooring type Wood, Tile
Roof type Composition
Listing Agency: Lake Hamilton Realty, Inc.
Listed By: Deborah Libby · License #00061778
Added: Apr 13 Changed: Sep 3 Last Checked: Sep 8 at 9:06AM
MLS# 154952

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 4,832-square-foot restaurant property was built in 1985 and includes public restrooms, sprinkler systems, tile and wood flooring, and a composition roof. A recent kitchen fire creates a need to remodel the kitchen and restaurant areas for a new operating concept.

The property occupies 0.1 acres within a hotel and restaurant development and is surrounded by three established hotels. Its CBD Central Bus. District zoning and visitor-oriented setting provide a defined commercial context for the restaurant use.

Key Highlights

  • 4,832 square feet of restaurant space
  • 0.1‑acre site in CBD Central Bus. District zoning
  • Recent kitchen fire; kitchen and restaurant areas require remodeling

Property Analytics

Current Use

Bleu Monkey Grill Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Catering Service Veterinary Clinic Pet Grooming Service

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

600
Businesses Nearby
327k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 43% Shops & Services 30% Apparel 12% Groceries 11%
Hobby Lobby Shops & Services
40,715 visits/mo 0.3 miles
Whataburger Dining
34,485 visits/mo 0.3 miles
Kroger Groceries
34,394 visits/mo 0.2 miles
Ross Dress for Less Apparel
24,582 visits/mo 0.3 miles
Dollar Tree Shops & Services
22,685 visits/mo 0.2 miles

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 Retail in South region

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

  • Hibachi Sushi Buffet National Park, 4334 Central Ave, Hot Springs, AR 71913

Frequently Asked Questions

What type of property is this?
Conventional restaurant - Restaurant property in CBD zoning with public restrooms, sprinkler systems, and space for post-fire remodeling.
Where is this conventional restaurant located?
The property is located at 4263 CENTRAL Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: 4,832 square feet of restaurant space; 0.1‑acre site in CBD Central Bus. District zoning; Recent kitchen fire; kitchen and restaurant areas require remodeling
More about this property
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