Your AI Navigator in Commercial Real Estate
Sign Up Successful!
You now have access to more from Realmo!
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    Back to Search

    741 Park Ave Hot Springs, AR 71901

    For Sale
    $1,850,000

    Hospitality - Hot Springs, AR

    Property size:
    8,974 SF
    Lot size:
    0.66 Acres
    Days on Market:
    28
    Last Refresh:
    Dec 14 at 1:06 pm

    Property Features for 741 Park Ave

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    CTR
    Parking
    46
    Parking features
    Paved or Surfaced
    Interior features
    Window Treatments, Furnished, Ceiling Fans, Furniture Included, In-unit Bathroom, Showers
    Exterior features
    Partially Fenced, Pole Sign
    Fencing
    Fenced, Partial
    Size
    8,974 SF
    Lot size
    0.66 Acres

    Utilities

    Cooling system
    Multi Units, Window Unit(s)

    Building Details

    Year built
    1920
    Floors in Building
    2
    Flooring type
    Tile, Vinyl, Wood
    Building materials
    Stucco, Wood Siding
    Roof type
    Asphalt, Shingle
    Architectural style
    Other

    White Stone Real Estate (501) 418-0977

    Listing agent Dane Thomson (501) 359-3009

    Listing date Nov 17, 2025

    MLS# 25034332 Listing URL

    Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Historic Motor Lodge in Hot Springs

    The Gold-Inn, established in 1920, is located in the historic district of Park Avenue in Hot Springs, Arkansas. This 19-room boutique motor lodge centers around a 1905 manor, reflecting the character of Park Avenue, a historic neighborhood known for its grand old homes and vintage motor courts. The property size is 8974 square feet and the lot size is 0.66 acres. The Gold-Inn experiences consistent and strong occupancy levels year-round. This is a turnkey opportunity for any investor looking for a stable and growing income stream. Additional units can be added for more rental income. The property is zoned CTR.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Gold-Inn Motel

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Building Supply Auto Repair Shop Clothing Store Gym & Fitness

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

    Similar Places Nearby

    Ohio Club Loft, Frank Grace Vacation Rentals, The Exchange, Embassy Suites by Hilton Hot Springs Hotel & Spa, Spring Street Inn 1889

    Location Insight

    • Map
    • Local Demand
    City
    Hot Springs
    County
    Garland
    State
    Arkansas
    Longitude
    -93.052222
    Latitude
    34.527258

    Nearby Similar for Sale

    • $1,150,000
      4,300 SF

      Fenced Acreage with Home and Amenities

      Private, fenced 20+ acre property with home, pool, shop, and barn.
      417 Randall Rd, Hot Springs, AR 71913
      View Details
    • $1,750,000
      10,466 SF

      Historic Bed & Breakfast Opportunity

      Established bed and breakfast in a prime historic district.
      420 Quapaw Ave, Hot Springs, AR 71901
      View Details
    • $2,750,000
      48,632 SF

      Downtown Hot Springs Redevelopment Opportunity

      Historic building with retail and redevelopment potential in Hot Springs.
      260 Central Ave, Hot Springs, AR 71901
      View Details
    • $489,900
      1,950 SF

      Renovated Farmhouse on Gated Acreage

      Turnkey hobby farm with renovated home, shop, and barn.
      1115 Albright Rd, Hot Springs, AR 71913
      View Details
    • $598,000
      5,000 SF

      Hot Springs Contemporary Triplex

      Never rented triplex with spacious main house and two apartments.
      106 Imperial Ct, Hot Springs, AR 71913
      View Details
    • $774,900
      4,284 SF

      Historic Hot Springs Bed & Breakfast

      Turnkey bed and breakfast near downtown Hot Springs National Park.
      318 Quapaw Ave, Hot Springs, AR 71901
      View Details

    FAQs

    What type of property is this?
    Motel - Charming 19-room boutique motor lodge in historic district.
    Where is this motel located?
    The property is located at 741 Park Ave Hot Springs, AR.
    What is the asking price?
    The asking price for this property is $1,850,000.
    What are key features of this property?
    This property features: - Turnkey, income-generating 19-room boutique motor lodge with strong year-round occupancy.; - Located in the historic Park Avenue district of Hot Springs, Arkansas.; - Includes a charming 1905 manor as the centerpiece of the motor lodge.
    (501) 359-3009
    Request Owner's contact information
    741 Park Ave Hot Springs, AR 71901
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    741 Park Ave
    Hot Springs, AR 71901
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    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
    741 Park Ave Hot Springs, AR 71901
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Google sign-in failed. Please try again or use another login method.
    Create New Password
    • At least 8 characters
    • Contains both letters and numbers
    • Contains uppercase and lowercase letters
    • At most 32 characters
    • Password required
    • Password reset link has expired. Please request a new one.