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Office Unit with Private Entrance
For Lease
$1,500/Mo

106 Ridgeway Street, Hot Springs, AR 71901

Commercial / Industrial, Traditional, Hot Springs, AR

Space SizeContact for details
Lot Size1.20 Acres
Days on Market51

Property Features for 106 Ridgeway Street

General Information

Property type Commercial Sale
Property subtype Other
Parking 40
Subdivision Ridgeway
Lot features Sloped, Sidewalks
Directions Merge onto AR-70 W: Follow signs for Hot Springs Downtown. Turn Right on Ridgeway St: After about 3 miles, turn right onto Ridgeway Street. Destination: Follow Ridgeway for 0.2 miles; 106 Ridgeway will be on your right.
Standard status Active
Size 1,285 SF
Lot size 1.20 Acres

Building Details

Year built 1980
Floors in Building 2
Flooring type Tile
Roof type Composition
Architectural style Other
Listing Agency: ArkBest Realty, Inc.
Listed By: Tiffani Silvey · License ##SA00097857
Added: Sep 16 Changed: Oct 8 Last Checked: Nov 5 at 5:06AM
MLS# 26037774

Copyright © 2026 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.

Rey
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Investment Insights

Based on property information with market context.

This office property includes a 1,285-square-foot suite within a multi-tenant commercial building. Suite E is arranged with a corner office configuration, reception area, lobby, four private offices, storage closet, and restroom. Tile flooring and a composition roof are among the recorded building features, with original construction dating to 1980.

The property occupies 1.2 acres and offers private entrances and on-site parking. Its position just off Central Avenue provides access to the surrounding Hot Springs commercial area. The layout combines customer-facing reception space with enclosed offices and supporting storage, providing a practical configuration for professional or service-oriented operations.

Key Highlights

  • 1,285‑square‑foot Suite E in a multi‑tenant commercial building
  • Suite includes reception area, lobby, 4 private offices, storage closet, and restroom
  • Private entrances for individual occupants

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Gershner David Law Firm Davidson Law Firm: ... Law Firm Anglea Echols Law ... Law Firm Davidson Law Firm: ... Law Firm Davidson Law Firm: ... Law Firm

Suggested Use

Top Pick Real Estate Agency Hair Salon Restaurant Furniture & Home Goods (Bike/Boat/Book/etc) Store Cafe & Coffee Shop

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
NNN (Triple Net)
Lease Type
$2.10 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

602
Businesses Nearby

Demographics for 71901, AR

29,363
Population
14,952
Households
2
Avg Household Size
43
Median Age
26%
College-Educated
88%
High-School Grad
101.9 sq mi
ZIP Area
288
Density / Sq Mi
$52,410
Median Household Income
$35,604
Median Earnings
$797
Median Rent
$173,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Lease Benchmarks for Hot Springs, AR

$15.83 /SF/Yr
Avg Asking Price
$6.78–$31.58 /SF/Yr
Price Range
10,729 SF
Avg Space Size

This space is priced 11% below the average of $15.83 /SF/Yr.

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025

Frequently Asked Questions

What type of property is this?
Office unit - Flexible office layout with dedicated entry, on-site parking, and multiple enclosed rooms.
Where is this office unit located?
The property is located at 106 Ridgeway Street Hot Springs, AR.
What is the lease rate?
The lease rate is $1,500/Mo.
What are key features of this property?
This property features: 1,285‑square‑foot Suite E in a multi‑tenant commercial building; Suite includes reception area, lobby, 4 private offices, storage closet, and restroom; Private entrances for individual occupants
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