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Retail Building with Loading Dock
For Sale
$2,500,000

225 MALVERN Avenue, Hot Springs, AR 71901

COMMERCIAL/INDUSTRIAL, Hot Springs, AR

Property Size42,000 SF
Price / SF$59.52
Days on Market278

Property Features for 225 MALVERN Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning RN-1 Res Nbhd 1 District
Zoning description RN-1 Res Nbhd 1 District
Exterior features Dumpster, Loading Dock
Subdivision Hsr
Directions North on Malvern Avenue just past Convention Blvd on the right.
Standard status Active
Size 42,000 SF

Taxes and HOA fees

Tax Description Lots 3, 4 and 5, Block 78 of the US Hot Springs reservation
Tax Annual Amount 9432
Legal Description Lots 3, 4 and 5, Block 78 of the US Hot Springs reservation

Building Details

Year built 1969
Listing Agency: Southern Realty of Hot Springs
Listed By: Pamela Bates · License #00044089
Added: Dec 30, 2025 Changed: Oct 4 Last Checked: Oct 4 at 9:06PM
MLS# 140943

Copyright © 2026 Hot Springs Board of Realtors. 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 42,000-square-foot retail building dates to 1969 and has more than 19,000 square feet at street level, with additional upper-level space and a basement. Four bay doors serve the rear, and the basement has drive-in access. A loading dock is also included. The roof was replaced in 2020. The property is zoned RN-1 Res Nbhd 1 District.

In downtown Hot Springs, the building is steps from the Convention Center and next to public parking. Additional parking is available half a block away.

Key Highlights

  • Approximately 42,000‑square‑foot building
  • More than 19,000 sq. ft. at street level, plus upper‑level space and a basement
  • Four rear bay doors and drive‑in basement access

Property Analytics

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Current Use

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

Suggested Use

Top Pick Storage Facility Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Butcher

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

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
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
Rey
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Frequently Asked Questions

What type of property is this?
Retail space - A multilevel downtown property combines street-level space, upper floors, a basement, and rear vehicle access.
Where is this retail space 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: Approximately 42,000‑square‑foot building; More than 19,000 sq. ft. at street level, plus upper‑level space and a basement; Four rear bay doors and drive‑in basement access
More about this property
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