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CBD Storefront
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516 Park Ave, Hot Springs, AR 71901

The Central Business District designation accommodates a range of business uses.

Property Size299 SF
Price / SF$2.68
Days on Market5

Property Features for 516 Park Ave

General Information

Standard status Active
Size 299 SF

Building Details

Year Built 1925
Listing Agency: CBRPM Hot Springs
Listed By: Sean Edds · License #SA00080170
Source: Pcsingtolittlerock
Added: Sep 30 Last Checked: Oct 4 at 2:21PM

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 CBRPM Hot Springs

Investment Insights

Based on property information with market context.

This 299-square-foot storefront at 516 Park Ave dates to 1925 and is zoned Central Business District (CBD). The property was most recently used as a hair salon, with zoning that supports a variety of business uses.

Key Highlights

  • 299‑square‑foot storefront
  • Central Business District (CBD) zoning
  • Built in 1925

Property Analytics

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Current Use

Park Avenue Salon Hair Salon

Suggested Use

Top Pick Dental Office Auto Repair Shop Law Firm Nail Salon Building Supply Plumbing Service

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

352
Businesses Nearby
Balanced
Demand for This Use

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 Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Storefront property - The Central Business District designation accommodates a range of business uses.
Where is this storefront property located?
The property is located at 516 Park Ave Hot Springs, AR.
What are key features of this property?
This property features: 299‑square‑foot storefront; Central Business District (CBD) zoning; Built in 1925
More about this property
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