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Downtown Mixed-Use Loft

121 Exchange Street, Hot Springs, AR 71901

For Lease
New
$1,414,350

Three bedrooms, office flexibility, and two private outdoor spaces support residential or commercial occupancy.

Space SizeContact for details
Property Size3,143 SF
Days on Market4

Property Features for 121 Exchange Street

General Information

Standard status Active
Size 3,143 SF
Property subtype Commercial
Zoning C1

Additional Details

Opportunity Zone Yes

Building Details

Building Size 3,143 SF
Year Built 1893
Stories 3
Listing Agency: Meyers Realty Company
Listed By: Sarah Bentley
Source: Diamondcountryrealty
Added: Nov 6 Changed: Nov 7 Last Checked: Nov 8 at 6:02PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Meyers Realty Company

Rey
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Investment Insights

Based on property information with market context.

This 3,143-square-foot mixed-use loft in Hot Springs dates to 1893 and is zoned C1. The interior includes three bedrooms, 14-foot ceilings, an office nook or flexible-use area, exposed brick, custom woodwork, copper details, and distinctive tile and countertop finishes. A main-level patio and an upper-level rooftop terrace provide private outdoor areas.

At 121 Exchange Street, the property is described as being behind Bathhouse Row, with views toward the row from the primary bedroom and mountain views from the property. The space is presented for residential or business use.

Key Highlights

  • 3,143‑square‑foot mixed‑use property
  • C1 zoning
  • Built in 1893

Property Analytics

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

Current Use

Chili cook-off Event Planning

Suggested Use

Top Pick Storage Facility Auto Parts Store Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center Butcher

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

NNN (Triple Net)
Lease Type

Location Intelligence

Trade Area within ½ mile

1,064
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
View Realmo Analytics

Market

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?
Mixed-use property - Three bedrooms, office flexibility, and two private outdoor spaces support residential or commercial occupancy.
Where is this mixed-use property located?
The property is located at 121 Exchange Street Hot Springs, AR.
What is the lease rate?
The lease rate is $1,414,350.
What are key features of this property?
This property features: 3,143‑square‑foot mixed‑use property; C1 zoning; Built in 1893
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