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Office Unit with Reception Area
For Lease
$1,350/Mo

1820 Central Avenue Suite E, Hot Springs, AR 71901

Commercial / Industrial, Hot Springs, AR

Space SizeContact for details
Days on Market178

Property Features for 1820 Central Avenue Suite E

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Central Business
Parking 10
Exterior features Dumpster, Pole Sign, Door Sign
Subdivision Metes & Bounds
Lot features Level
Directions East on Grand, Right (South) on Central to stoplight intersection of Central and Greenwood. Property on NW Corner, large brick building, Suite E is located on the South side. Suite E and Phoenix Counseling sign on entrance door.
Standard status Active
Size 2,390 SF

Taxes and HOA fees

Tax Description STR 34-01S-19W
Legal Description STR 34-01S-19W

Building Details

Year built 1976
Floors in Building 1
Flooring type Vinyl, Carpet - Full
Roof type Built-Up
Listing Agency: CBRPM Hot Springs · Coldwell Banker Real Estate
Listed By: Todd Woerpel
Added: Mar 27 Changed: Sep 18 Last Checked: Sep 20 at 10:06AM
MLS# 26012125

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,390-square-foot office unit is located within a professional center and was built in 1976. The layout includes a public entrance, reception area, one large work or conference room, break area, and four individual rooms. Flooring consists of vinyl and full carpeting, with a built-up roof and exterior pole and door signage.

The property is positioned at a signalized intersection on Central Avenue in Hot Springs, Arkansas. Approximately 8+/- parking spaces are available, while multiple tenants share common areas inside and outside the center. The existing configuration provides a combination of reception, collaborative, private, and support spaces within one office suite.

Key Highlights

  • 2,390‑square‑foot office unit in a professional center
  • Reception area with public entrance
  • One large work or conference room

Property Analytics

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Current Use

Center For Arkansas Legal ... Law Firm Cindi Golden-Moore Real ... Real Estate Agency Nancy Bergeron REALTOR ... Real Estate Agency Lotus Valley Health ... Crisis Center Engaging Arkansas Communities Charitable Organization

Suggested Use

Top Pick Parking Lot & Garage Storage Facility Locksmith (Bike/Boat/Book/etc) Store Carpet & Flooring Store Pet Store

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

Multi-tenant
Tenancy
Yes
Paved road access
NNN (Triple Net)
Lease Type
$1.02 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

759
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Lease Benchmarks for Hot Springs, AR

$15.06 /SF/Yr
Avg Asking Price
$12–$16.74 /SF/Yr
Price Range
12,806 SF
Avg Space Size

This space is priced 55% below the average of $15.06 /SF/Yr.

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
Rey
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Frequently Asked Questions

What type of property is this?
Office units - Configured professional office with private rooms, a conference area, break space, and shared common areas.
Where is this office units located?
The property is located at 1820 Central Avenue Suite E Hot Springs, AR.
What is the lease rate?
The lease rate is $1,350/Mo.
What are key features of this property?
This property features: 2,390‑square‑foot office unit in a professional center; Reception area with public entrance; One large work or conference room
More about this property
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