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Historic Mixed-Use Townhome
For Lease
$1,414,350

121 Exchange Street, Hot Springs, AR 71901

Adaptable residence or business space with rooftop and main-level outdoor areas, historic character, and views toward Bathhouse Row.

Space SizeContact for details
Property Size3,143 SF
Days on Market8

Property Features for 121 Exchange Street

General Information

Standard status Active
Size 3,143 SF
Property subtype Bldg Only (Land Leased)

Taxes and HOA fees

Annual Taxes $999,999

Amenities

cobblestone patio
rooftop terrace
library/loft
office nook
arched windows
mountain views

Building Details

Building Size 3,143 SF
Year Built 1893
Listing Agency: Meyers Realty
Listed By: Sarah Bentley
Source: Whitestonearkansas
Added: Jul 29 Changed: Aug 2 Last Checked: Aug 5 at 4:26AM

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

Investment Insights

Based on property information with market context.

This mixed-use property combines a historic townhome setting with residential and business-use flexibility. Built in 1893, the three-bedroom layout includes a primary suite with Bathhouse Row views, arched windows, an office nook or flex area, and an upper-level library or loft. Custom woodwork, iron detailing, and distinctive epoxy countertops contribute to the interior character.

Outdoor features include a cobblestone patio on the main level and a rooftop terrace connected to the library or loft. The property sits on Exchange Street in Hot Springs, near historic Bathhouse Row, and includes mountain views. Located within the Opportunity District, it may serve as a home or business, with nightly rentals allowed. The art and mural wall on the building is not owned by the seller.

Key Highlights

  • Mixed‑use property at 121 Exchange Street in Hot Springs, AR 71901
  • Built in 1893 with three bedrooms and a library or loft
  • Primary bedroom includes Bathhouse Row views, arched windows, and an office nook or flex space

Property Analytics

Current Use

Chili cook-off Event Planning

Suggested Use

Top Pick Storage Facility Auto Parts Store Furniture & Home Goods Dental Office (Bike/Boat/Book/etc) Store 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

1,507
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

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
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Frequently Asked Questions

What type of property is this?
Mixed-use property - Adaptable residence or business space with rooftop and main-level outdoor areas, historic character, and views toward Bathhouse Row.
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: Mixed‑use property at 121 Exchange Street in Hot Springs, AR 71901; Built in 1893 with three bedrooms and a library or loft; Primary bedroom includes Bathhouse Row views, arched windows, and an office nook or flex space
More about this property
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