Downtown Hot Springs Mixed-Use
1010 CENTRAL Avenue, Hot Springs, AR 71901
- Added:
- Apr 21, 2026
- Days on Market:
- 31
- Last Refresh:
- May 21 at 5:06 am
Property Features for 1010 CENTRAL Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Zoning
- CBD Central Bus. District
- Parking features
- Garage
- Interior features
- Extra Insulation, Public Restrooms, Display Window, Handicapped Design, Ceiling Height (remarks)
- Exterior features
- Partially Fenced, Pole Sign, Door Sign
- Fencing
- Fenced, Partial
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 22,083 SF
Taxes and HOA fees
- Tax Year
- 2023
- Tax Annual Amount
- 3530
Utilities
- Heating system
- Central, Electric (Heating), Heat Pump (Heating), Natural Gas, Space Heater, Zoned (Heating)
- Cooling system
- Heat Pump, Multi Units, Zoned
Building Details
- Year built
- 1945
- Building materials
- Brick
- Roof type
- Other, See Remarks
- Architectural style
- Other
Listing agent Chris Rix License #00059757 (501) 205-1900
Listing office Rix Realty - Advantage Team Realtors 1010 Central Ave, Hot Springs, AR (501) 205-1900
Listing date Apr 21, 2026
MLS# 151843
Listing URL
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.
HighLights
- 22,000 sqf building with CBD/C1 zoning allowing for diverse uses.
- Concrete & Steel construction, newer roof, and not in a flood zone.
- Potential for 9 rental loft apartments or vacation rental on the top floor.
- Garage parking for 11 vehicles and ample surrounding parking.
- Commercial kitchen with grease trap, electrical & plumbing upgrades, and plumbed bars.
- Rooftop with downtown & mountain views, ideal for a deck and solar panels.
Overview
Located in the heart of the city and at the entry block to the downtown area, this commercial building offers 22,000 sqft of space. Constructed with concrete and steel, the property is not in a flood zone. Its CBD/C1 zoning allows for various uses, including retail, museum, restaurant, and office spaces. The building features 11-foot ceilings throughout. The top floor can serve as a residence, vacation rental, or be converted into nine rental loft apartments based on existing plans. Recent upgrades include a newer roof with decking insulation, fiber optic wifi, newer HVAC system, a commercial kitchen equipped with a grease trap, electrical and plumbing enhancements, emergency exit signage and lighting, and a new garage door opener. Plumbed bars and fresh paint are also present. The garage can accommodate 11 vehicles. The second-story kitchen area includes a 10-foot commercial vent hood and updated plumbing. Access to the second floor is provided by an indoor ramp from street level and stairs. Situated on the city parade route, the building's roof offers views of downtown and the mountains, making it suitable for a rooftop deck and solar panels. The upstairs and downstairs areas are metered separately. Ample parking is available in the surrounding area. Located just two blocks south of the historic district boundary, the property benefits from high foot and vehicle traffic, with several new adjacent businesses. The building could be purchased with a neighboring building of 9000+ sqft. Commercial/residential use is likely the highest and best use, but many options are available for this space.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Temple Vault Inc
Trucking Company
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -93.055237
- Latitude
- 34.506353
Nearby Similar for Sale
FAQs
What type of property is this?
Mixed-use property - 22,000+ sqft mixed-use building in the heart of Hot Springs.
Where is this mixed-use property located?
The property is located at 1010 CENTRAL Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $2,150,000.
What are key features of this property?
This property features: 22,000 sqf building with CBD/C1 zoning allowing for diverse uses.; Concrete & Steel construction, newer roof, and not in a flood zone.; Potential for 9 rental loft apartments or vacation rental on the top floor.
