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    618 W Grand Ave Hot Springs, AR 71901

    For Sale
    Contact for pricing

    Commercial Building - Hot Springs, AR

    Property size:
    704 SF
    Lot size:
    0.06 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 6 at 6:06 pm

    Property Features for 618 W Grand Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    RN-2 Res Nbhd 2 District
    Interior features
    Public Restrooms
    Exterior features
    Insulated Doors
    Size
    704 SF
    Lot size
    0.06 Acres

    Utilities

    Heating system
    See Remarks (Heating)

    Building Details

    Year built
    1940
    Flooring type
    Wood
    Roof type
    Metal
    Architectural style
    Other

    RIX REALTY - ADVANTAGE TEAM REALTORS (501) 205-1900 [email protected]

    Listing agent Chris Rix (501) 205-1900 License #00059757

    Listing date Nov 11, 2025

    MLS# 153224 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

    Commercial Building in Hot Springs

    This 704-square-foot commercial building is located in a high-traffic area adjacent to the historic district corridor of Hot Springs, AR. The 0.06-acre lot includes covered parking in the back and offers a mountain view. The building was previously used as an artist studio and workshop for many years. Following a recent remodel, it housed a salon with two wash bowl connections still in place. Updates include a mini-split system, plumbing, and lighting. The current zoning is RN-2 Res Nbhd 2 District, general commercial, making it suitable for a boutique salon or gallery. The property could also be purchased with 620 West Grand.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.063519
    Latitude
    34.502308

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    FAQs

    What type of property is this?
    Retail space - Commercial building in high-traffic area, suitable for salon or gallery.
    Where is this retail space located?
    The property is located at 618 W Grand Ave Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $900.
    What are key features of this property?
    This property features: - High-traffic commercial location under $100,000.; - Recently remodeled with updates to plumbing, lighting, and mini-split system.; - Zoned C-G, general commercial, suitable for various businesses.
    (501) 205-1900
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    618 W Grand Ave 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
    618 W Grand Ave Hot Springs, AR 71901
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