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Storefront Building with Live-Work Potential
For Sale
Under Contract
$94,500

251 HOBSON Avenue, Hot Springs, AR 71913

COMMERCIAL/INDUSTRIAL, Hot Springs, AR

Property Size1,842 SF
Lot Size0.08 Acres
Price / SF$51.30
Days on Market19

Property Features for 251 HOBSON Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning R-S Res Sub District
Zoning description R-S Res Sub District
Directions From Central and Grand go South on Central to Hobson Ave. Turn Right on Hobson and 251 will be on the left where Hobson ends at Linwood.
Subdivision HOT SPRINGS
Standard status Active Under Contract
Size 1,842 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Year 2023
Tax Description PT SW SE of 05-3S-19W UNPLATTED HOT SPRINGS, Parcel ID 50406
Tax Annual Amount 669
Legal Description PT SW SE of 05-3S-19W UNPLATTED HOT SPRINGS, Parcel ID 50406

Building Details

Year built 1950
Listing Agency: ESQ. Realty Group
Listed By: Jeffery Vaughn · License #SA00082445
Added: Aug 4 Changed: Aug 19 Last Checked: Aug 22 at 12:06AM
MLS# 156686

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 1,842-square-foot storefront building dates to 1950 and includes a front retail area measuring over 40 feet by 30 feet, plus a rear room measuring over 17 feet by 30 feet. The property formerly operated as a drug store and is being offered as-is. Electric service is connected, while water and gas are available at the property but are not currently hooked up.

The building fronts both Hobson Avenue and Linwood Avenue, with approximately 50+ feet along Hobson and 65+ feet along Linwood. It is positioned across from Jones school in Hot Springs. An additional area of approximately 25 +/- feet on the east side of the building, accessed from Hobson, may accommodate added parking. The property is identified for storefront, neighborhood business, repair-shop, live-work, or themed Airbnb use in the property information.

Key Highlights

  • 1,842‑square‑foot storefront building constructed in 1950
  • Front retail area exceeds 40' x 30'; rear room measures over 17' x 30'
  • Approximately 50+ ft of frontage on Hobson and 65+ ft on Linwood

Property Analytics

Current Use

Storefront properties

Suggested Use

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

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

Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

1,163
Businesses Nearby
Balanced
Demand for This Use

Demographics for 71913, AR

46,801
Population
25,441
Households
1.8
Avg Household Size
44
Median Age
28%
College-Educated
91%
High-School Grad
134.2 sq mi
ZIP Area
349
Density / Sq Mi
$55,367
Median Household Income
$32,746
Median Earnings
$970
Median Rent
$179,200
Median Home Value

Market

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
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market 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

Frequently Asked Questions

What type of property is this?
Storefront property - Existing storefront space with a rear room, connected electric service, and frontage on two streets.
Where is this storefront property located?
The property is located at 251 HOBSON Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $94,500.
What are key features of this property?
This property features: 1,842‑square‑foot storefront building constructed in 1950; Front retail area exceeds 40' x 30'; rear room measures over 17' x 30'; Approximately 50+ ft of frontage on Hobson and 65+ ft on Linwood
More about this property
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