Historic Mixed-Use Redevelopment
For Sale
Contact for pricing
Pending
260 Central Ave, Hot Springs, AR 71901
Updated street-level retail supports upper-floor redevelopment within a landmark downtown setting.
Property SizeContact for details
Days on Market145
Property Features for 260 Central Ave
General Information
Standard status
Pending
Property subtype
Retail, Office, Industrial
Additional Details
Sprinkler System
Yes
Building Details
Buildings
1
Tenancy
Multi
Listing Agency:
Rix Realty Advantage Team Realtors
Listed By:
Christopher Rix · License #AR PB00059757
(501) 627-4075
Source:
Crexi
Added: Apr 12
Changed: Aug 29
Last Checked: Aug 30 at 8:50PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Rix Realty Advantage Team Realtors
Investment Insights
Based on property information with market context.
This historic mixed-use property combines four updated, fire-sprinklered retail spaces at street level with a lobby serving the upper floors. Floors 2 through 5 offer approximately 80 units for redevelopment, with high ceilings, practical floor plan potential, and several original bathrooms. Preservation work includes retail improvements to current code, debris removal, basement work, and a TPO membrane roof. The building also retains an elevator shaft, original elevator car, two skylights, and notable historic finishes including Carrera marble and mosaic tile flooring.
Located on Central Avenue in downtown Hot Springs National Park, the property sits across from the thermal springs and near restaurants, hotels, shopping, and walking, hiking, and biking trails. The surrounding area attracts 2 million plus visitors/year. Federal & State Historic Tax Credit approval is in place, and the street-level tenants provide long-term rental income while the upper floors remain available for redevelopment.
Located on Central Avenue in downtown Hot Springs National Park, the property sits across from the thermal springs and near restaurants, hotels, shopping, and walking, hiking, and biking trails. The surrounding area attracts 2 million plus visitors/year. Federal & State Historic Tax Credit approval is in place, and the street-level tenants provide long-term rental income while the upper floors remain available for redevelopment.
Key Highlights
- Federal & State Historic Tax Credit approved
- Four updated, fire‑sprinklered retail tenants at street level
- Approximately 80 +/- units across floors 2‑5 for redevelopment
Property Analytics
Property Profile
Current Use
Lease Details
Multi-tenant
Tenancy
Yes
Sprinkler system
Location Intelligence
Trade Area within ½ mile
775
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 100%
Rocket Fizz
Groceries
4,485 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
Market
Vacancy Rate% for Retail in South region
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Frequently Asked Questions
What type of property is this?
Mixed-use property - Updated street-level retail supports upper-floor redevelopment within a landmark downtown setting.
Where is this mixed-use property located?
The property is located at 260 Central Ave Hot Springs, AR.
What are key features of this property?
This property features: Federal & State Historic Tax Credit approved; Four updated, fire‑sprinklered retail tenants at street level; Approximately 80 +/- units across floors 2‑5 for redevelopment
