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    5401 Central Ave Hot Springs, AR 71913

    For Sale
    $2,200,000

    Building and Land - Hot Springs, AR

    Property size:
    17,248 SF
    Lot size:
    1.38 Acres
    Days on Market:
    46
    Last Refresh:
    Dec 13 at 2:06 pm

    Property Features for 5401 Central Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    NZN No Zoning
    Exterior features
    Dumpster, Pole Sign
    Size
    17,248 SF
    Lot size
    1.38 Acres

    Utilities

    Heating system
    Central, Electric (Heating)

    Building Details

    Year built
    2001
    Building materials
    Other, See Remarks
    Roof type
    Metal
    Architectural style
    Other

    Hot Springs 1st Choice Realty (501) 525-1600 [email protected]

    Listing agent Ivy Wood (501) 525-1600 License #EB00036809

    Listing date Oct 29, 2025

    MLS# 153072 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

    Hot Springs Shopping Center For Sale

    This commercial investment property is a shopping center located on S Central Ave in Hot Springs, AR. The property includes metal buildings with storefront ACM panels and stone. Recent remodeling and new roofs have been completed. The shopping center comprises 11 suites, with 10 currently leased, hosting a variety of businesses. A pylon sign is present. The property has a size of 17,248 square feet and is situated on a 1.38-acre lot. The zoning is NZN No Zoning.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Doc Penny's Billiards Pool Hall High Achievers legal ... Cannabis Store Simple Simon's Pizza Pizza Takeout Natural State Dance ... Dance Company Noelle Stephens - State ... Insurance Agency

    Suggested Use

    Law Firm Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Kiosk, The Handmade Holiday shop, Temperance Hill Square, Uptown Hot Springs, Coinstar Kiosk | Bitcoin ATM

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.092854899475
    Latitude
    34.425460696114

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    FAQs

    What type of property is this?
    Shopping center - Commercial investment property with high occupancy in a prime location.
    Where is this shopping center located?
    The property is located at 5401 Central Ave Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $2,200,000.
    What are key features of this property?
    This property features: - High occupancy rate: 10 out of 11 suites are leased.; - Prime location on S Central Ave.; - Recent remodeling and new roofs.
    (501) 525-1600
    Request Owner's contact information
    5401 Central Ave 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

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    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
    5401 Central Ave Hot Springs, AR 71913
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