Central Avenue Commercial
1419 Central Ave Hot Springs, AR 71901
1419 Central Ave, Hot Springs, AR, 71901
$249,900
For Sale
$249,900
Commercial building suitable for offices, medical, or retail use.
Property Size1,432 SF
Price / SF$174.51
Days on Market227
Property Features for 1419 Central Ave
General Information
- Standard status
- Active
- Size
- 1,432 SF
Listing Agency
Trademark Real Estate, Inc.
(501) 881-9490
Listed by
Tammy Browning
(501) 881-9490
Source
Exprealty
Added: Dec 3, 2025 Checked: Jul 17 at 9:37 pm
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 Trademark Real Estate, Inc.
Investment Insights
Based on property information with market context.
This commercial building is located on Central Avenue and is suitable for offices, medical, or retail use. The building features a reception area, two half bathrooms, a meeting room, and four potential offices, along with a large meeting or board room. It includes a private entrance in the rear and an ADA walkway to the front door. Paved parking is available in the rear of the building. The property has a total size of 1432 square feet.
Key Highlights
- High traffic count on Central Ave.
- Suitable for offices, medical, or retail use.
- Includes reception area, 2 half‑baths, and meeting room.
Local Financial Insights For Office B
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $20.6k | $14.40 |
| − Vacancy | −$2.3k | −$1.60 |
| EGI | $18.3k | $12.80 |
| − OpEx | −$4.6k | −$3.20 |
| NOI | $13.7k | $9.60 |
1,432 SF · lease $14.40/SF/yr · vacancy 11.10% · expense 25.00%
Alternative Uses
Best Use
Office B
$196.4K
$171.9K – $229.2K
NOI $13,749 @ 7.0% cap · market cap 5.50%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$261.9K
$229.2K – $305.5K
NOI $18,332 @ 7.0% cap · market cap 7.34%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Office Units
Similar For Sale Nearby
FAQs
What type of property is this?
Office units - Commercial building suitable for offices, medical, or retail use.
Where is this office units located?
The property is located at 1419 Central Ave Hot Springs, AR.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: High traffic count on Central Ave.; Suitable for offices, medical, or retail use.; Includes reception area, 2 half‑baths, and meeting room.
