Corner Shopping Center with Service
For Sale
$193,000
520 E GRAND Avenue, Hot Springs, AR 71901
COMMERCIAL/INDUSTRIAL, Hot Springs, AR
Property Size7,930 SF
Price / SF$24.34
Days on Market130
Property Features for 520 E GRAND Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning
C-R Reg Comm District
Zoning description
C-R Reg Comm District
Exterior features
Dumpster
Subdivision
Hsr
Directions
East Grand.
Standard status
Active
Size
7,930 SF
Taxes and HOA fees
Tax Year
2025
Tax Description
B11/Lpt8
Tax Annual Amount
1455
Legal Description
B11/Lpt8
Building Details
Year built
1965
Floors in Building
1
Listing Agency:
Rix Realty - Advantage Team Realtors
(501) 205-1900
Listed By:
Chris Rix · License #00059757
(501) 627-4075
Added: May 8
Changed: Sep 4
Last Checked: Sep 14 at 3:06PM
MLS# 155391
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 shopping center combines a 5,845-square-foot retail strip with three rentable units and an adjoining 2,085-square-foot service-oriented commercial section. The connected buildings total 7,930 square feet and include storefront parking, an adjacent lot, and a garage door serving loading and unloading needs. Electric and gas utilities are separately metered. The property was built in 1965 and has received significant improvements and updates since the current owner acquired it.
Located at 514 and 520 E. Grand Avenue in Hot Springs, the property occupies a corner position along the Little Rock Highway corridor with direct access and prominent street exposure. One retail unit is occupied by a vintage resale shop, while the adjoining section is occupied by an HVAC business. The C-R Reg Comm District zoning supports the property’s commercial setting.
Located at 514 and 520 E. Grand Avenue in Hot Springs, the property occupies a corner position along the Little Rock Highway corridor with direct access and prominent street exposure. One retail unit is occupied by a vintage resale shop, while the adjoining section is occupied by an HVAC business. The C-R Reg Comm District zoning supports the property’s commercial setting.
Key Highlights
- 7,930 square feet across connected retail and service buildings
- 5,845‑square‑foot strip center divided into three rentable units
- Additional 2,085‑square‑foot section with garage door
Property Analytics
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Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,200
Businesses Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Demographics for 71901, AR
29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
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Market
Vacancy Rate% for Industrial in South region
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Frequently Asked Questions
What type of property is this?
Shopping center - Connected retail and service buildings provide multiple leasable configurations with separate electric and gas metering.
Where is this shopping center located?
The property is located at 520 E GRAND Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $193,000.
What are key features of this property?
This property features: 7,930 square feet across connected retail and service buildings; 5,845‑square‑foot strip center divided into three rentable units; Additional 2,085‑square‑foot section with garage door
