Multi-Level Retail
For Sale
$2,500,000
225 Malvern Avenue, Hot Springs, AR 71901
Commercial / Industrial, Contemporary, Hot Springs, AR
Property Size42,000 SF
Lot Size0.45 Acres
Price / SF$59.52
Days on Market2979
Property Features for 225 Malvern Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Zoning description
Central Business
Parking
20
Interior features
Sprinkler, 220 Volt Power, Public Restrooms, Display Window, Stairs
Exterior features
Overhead Doors, Loading Dock
Subdivision
HSR BLK
Lot features
Level, Zero Lot Line
Directions
North on Malvern Avenue just past Convention Blvd on the right.
Standard status
Active
Size
42,000 SF
Lot size
0.45 Acres
Taxes and HOA fees
Tax Description
Lots 3, 4 and 5 Block 78
Tax Annual Amount
9432
Legal Description
Lots 3, 4 and 5 Block 78
Amenities
adjacent to public parking
ample parking half a block away
four bay doors
drive-in basement
newer roof
Building Details
Year built
1969
Floors in Building
3
Flooring type
Concrete
Roof type
Membrane
Architectural style
Contemporary
Listing Agency:
Southern Realty of Hot Springs-HSV Branch
(501) 321-2025
Listed By:
Pamela Bates · License #00044089
(501) 622-7878
Added: Aug 13, 2018
Changed: Oct 5
Last Checked: Oct 8 at 8:06AM
MLS# 18026166
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 42,000-square-foot retail property sits on 0.45 acres and includes a main floor exceeding 19,000 square feet, an upper level, and a basement. Four overhead bay doors serve the rear, with a separate drive-in entrance to the basement. Interior features include public restrooms, display windows, stairs, sprinkler protection, and 220-volt power; a loading dock is also present. The building was constructed in 1969 and has a membrane roof.
At 225 Malvern Avenue in downtown Hot Springs, the property is steps from the Convention Center and next to public parking. Additional parking is available half a block away.
At 225 Malvern Avenue in downtown Hot Springs, the property is steps from the Convention Center and next to public parking. Additional parking is available half a block away.
Key Highlights
- 42,000 square feet on a 0.45‑acre parcel
- Main level measures more than 19,000 square feet, with an upper floor and basement
- Four rear overhead bay doors and a drive‑in basement entrance
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,639
Businesses Nearby
45k
Monthly Visits Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Retail space - Downtown property offers upper-level and basement space, four rear bay doors, and a drive-in basement entrance.
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: 42,000 square feet on a 0.45‑acre parcel; Main level measures more than 19,000 square feet, with an upper floor and basement; Four rear overhead bay doors and a drive‑in basement entrance
