1429 Central Ave, Hot Springs, AR 71901
Retail building on a large commercial lot with ample parking, a nearly clear-span room, and central heat/air.
- Added:
- May 8, 2026
- Days on Market:
- 60
- Last Refresh:
- Jun 28 at 2:19 am
Property Features for 1429 Central Ave
General Information
- Standard status
- Active
- Size
- 3,549 SF
Listing office Keller Williams Realty-Hot Springs (501) 681-2422
Listing date May 8, 2026
Source Exprealty
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All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Realty-Hot Springs
HighLights
- Nearly half‑acre commercial lot on Central Avenue with a spacious retail building and ample parking
- Large, nearly clear‑span room just inside the foyer plus several versatile additional rooms
- 3 bathrooms, including 1 full bathroom
- Central heat/air throughout
- Laundry hookups (electric)
- Two original stone fireplaces with gas hookups
Overview
The asset is located on Central Avenue at 1429 Central Ave in Hot Springs, Arkansas. The property’s sizable lot provides ample parking, which can support customer access and day-to-day operations depending on the tenant’s use.
For buyers and tenants seeking a flexible retail-oriented building, the combination of multiple rooms and a large, nearly clear-span area can accommodate a range of service and showroom concepts. Central heating and air, multiple restrooms, and in-unit laundry hookups further support practical day-to-day use. The property’s on-site parking and gas fireplace infrastructure may be especially useful for businesses looking to create a comfortable, customer-friendly environment.
Local Financial Insights For Retail
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 | $42.6k | $12.00 |
| − Vacancy | −$2.6k | −$0.72 |
| EGI | $40.0k | $11.28 |
| − OpEx | −$12.0k | −$3.38 |
| NOI | $28.0k | $7.90 |
Alternative Uses
Current Use by Public Records
Similar Places Nearby
- Elegant Gunk — Hot Springs, AR 71913
- Joe Sturgill & Company — 817 Prospect Ave, Hot Springs, AR 71901
- Hot Springs Florist Gifts & More Inc. — 2034 Central Ave, Hot Springs National Park, AR 71901
- Norman Florist & Greenhouses, Inc. — 620 Greenwood Ave, Hot Springs, AR 71913
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -93.056079
- Latitude
- 34.499405
