Downtown Hot Springs Mixed-Use
1010 CENTRAL Avenue, Hot Springs, AR 71901
- Added:
- Apr 21, 2026
- Days on Market:
- 38
- Last Refresh:
- May 28 at 4:06 pm
Property Features for 1010 CENTRAL Avenue
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Interior features
- Public Restrooms, Display Window, Handicapped Design, Ceiling Height (Remarks)
- Exterior features
- Partially Fenced, Pole Sign, Door Sign
- Fencing
- Partial
- Accessibility
- Accessible Approach with Ramp
- Standard status
- Active
- Size
- 22,083 SF
Taxes and HOA fees
- Tax Year
- 2023
- Tax Description
- HSR BLK 105 LOT PT 10 & 11
- Tax Annual Amount
- 3530
Building Details
- Year built
- 1945
- Floors in Building
- 2
Listing agent Chris Rix License #00059757 (501) 627-4075
Listing office Rix Realty - Advantage Team Realtors 1010 Central Ave, Hot Springs, AR (501) 205-1900
Listing date Apr 21, 2026
MLS# 151843
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, suitable for various uses.
- Concrete & Steel construction, not in a flood zone.
- Potential for 9 rental loft apartments or vacation rental on the top floor.
- Newer roof (60mil TPO), newer HVAC, electrical & plumbing upgrades, fiber optic wifi, and commercial kitchen.
- Garage parking for 11 vehicles.
- Excellent downtown & mountain views from the roof, ideal for a rooftop deck and solar panels.
Overview
Located in the heart of Hot Springs, this mixed-use building offers 22,000 square feet of space. Constructed with concrete and steel, the building is situated outside of the flood zone. Its CBD/C1 zoning allows for various uses, including retail, museum, restaurant, or office space. The building features 11-foot ceilings. 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, a commercial kitchen with a grease trap, electrical and plumbing upgrades, 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. An indoor ramp and stairs provide access to the second floor from street level. 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 two blocks south of the historic district boundary, the property benefits from high foot and vehicle traffic, with several new adjacent businesses. Commercial/residential use is considered the highest and best use, but many options are available. The neighboring building, with over 9,000 square feet, is also available for purchase.
Property Profile
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, suitable for various uses.; Concrete & Steel construction, not in a flood zone.; Potential for 9 rental loft apartments or vacation rental on the top floor.
