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Shopping Center With Drive-In Basement
For Sale
$2,500,000

225 Malvern Avenue, Hot Springs, AR 71901

Multi-level commercial building with rear bay access and public parking nearby.

Property Size42,000 SF
Days on Market2914

Property Features for 225 Malvern Avenue

General Information

Standard status Active
Size 42,000 SF
Total Parking Spaces 20
Property subtype Commercial
Zoning Central Business

Building Details

Building Size 42,000 SF
Year Built 1969
Buildings 1
Stories 3
Listing Agency: Southern Realty Of Hot Springs-Hsv Branch
Listed By: Pamela Bates · License #00044089
Source: Proeliterealty
Added: Aug 13, 2018 Changed: Aug 4 Last Checked: Aug 4 at 5:41AM

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 Southern Realty Of Hot Springs-Hsv Branch

Investment Insights

Based on property information with market context.

This multi-level shopping center includes a main level exceeding 19,000 square feet, an upper level, and a basement with drive-in access. Four bay doors serve the rear of the building, adding functional access for deliveries, loading, or other commercial operations. The property was built in 1969 and has a newer roof.

Located in downtown Hot Springs, the building is steps from the Convention Center and adjacent to public parking. Additional parking is available half a block away. The property is zoned Central Business and combines a substantial main-floor footprint with upper-level and below-grade space.

Key Highlights

  • Main level exceeds 19,000 square feet
  • Upper level plus basement included
  • Basement has drive‑in access

Property Analytics

Current Use

Kleen Linens of Arkansas (Bike/Boat/Book/etc) Store Golden Benefit Insurance Insurance Agency

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Butcher Florist Pet Store Acupuncture

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

Location Intelligence

Trade Area within ½ mile

1,639
Businesses Nearby
45k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 44% Dining 22% Hotels & Casinos 17% Groceries 10%
Burger King Dining
9,887 visits/mo 0.4 miles
Embassy Suites By Hilton Hot Springs Hotel & Spa Hotels & Casinos
7,888 visits/mo 0.4 miles
Valero Energy Shops & Services
5,905 visits/mo 0.4 miles
Family Dollar Shops & Services
5,119 visits/mo 0.4 miles
Exxon Shops & Services
5,087 visits/mo 0.4 miles

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Similar Off Market Nearby

  • The Downtown Marketplace 714 Central Ave, Hot Springs, AR 71913
  • Traplandia 801 Spring St, Hot Springs, AR 71901

Frequently Asked Questions

What type of property is this?
Shopping center - Multi-level commercial building with rear bay access and public parking nearby.
Where is this shopping center located?
The property is located at 225 Malvern Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Main level exceeds 19,000 square feet; Upper level plus basement included; Basement has drive‑in access
More about this property
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