Historic Retail Storefront
412 Broadway Street Hot Springs, AR 71901
For Sale
$139,500
COMMERCIAL - Hot Springs, AR
Property Size1,426 SF
Lot Size0.12 Acres
Price / SF$97.83
Days on Market44
Property Features for 412 Broadway Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 1
- Parking features
- On Street
- Interior features
- Public Restrooms, Kitchen Area
- Exterior features
- Partially Fenced
- Fencing
- Partial
- Standard status
- Active
- APN
- 400-32150-005-000C
- Size
- 1,426 SF
- Lot size
- 0.12 Acres
Taxes and HOA fees
- Tax Year
- 2025
- Tax Description
- Pt. Lot 2, Block 49
- Tax Annual Amount
- 390
Building Details
- Year built
- 1930
- Floors in Building
- 1
- Flooring type
- Concrete, Tile
- Architectural style
- Other
Listing Agency:
Meyers Realty Company
(501) 624-5622
Listed By:
Rodney Bottoms · License #AB00007461
(501) 624-5622
Added: Jun 10
Changed: Jul 22
Last Checked: Jul 23 at 5:06PM
MLS# 26023893
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.
Commercial storefront building located on Broadway Street near West Grand Avenue in Hot Springs, Arkansas. The property is in an older area that historically supported warehouses tied to a railroad spur, and it is near the Historic Transportation Depot, Hot Springs Creek Greenway, and the Farmers Market. It is also relatively close to the downtown Hot Springs historic areas.
Built nearly 100 years ago, the building still features some exposed interior brick walls. The property is zoned commercial, C-G, and offers many possible uses as reflected in the listing. Please note that part of the property is located in a flood plain. The listing also indicates that some information was compiled from City and Garland County records, including approximate lot size, taxes, and zoning, and encourages verification.
Built nearly 100 years ago, the building still features some exposed interior brick walls. The property is zoned commercial, C-G, and offers many possible uses as reflected in the listing. Please note that part of the property is located in a flood plain. The listing also indicates that some information was compiled from City and Garland County records, including approximate lot size, taxes, and zoning, and encourages verification.
Key Highlights
- Commercial building built in 1930 on Broadway Street near W Grand Avenue
- Zone C‑G commercial with many possible uses
- Interior includes public restrooms and a kitchen area
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $17.1k | $12.00 |
| − Vacancy | −$1.0k | −$0.72 |
| EGI | $16.1k | $11.28 |
| − OpEx | −$4.8k | −$3.38 |
| NOI | $11.3k | $7.90 |
1,426 SF · lease $12.00/SF/yr · vacancy 6.00% · expense 30.00%
Alternative Uses
Best Use
Retail
$160.9K
$140.8K – $187.7K
NOI $11,260 @ 7.0% cap · market cap 8.07%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$260.8K
$228.2K – $304.3K
NOI $18,255 @ 7.0% cap · market cap 13.09%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
UnderGroundInk
Tattoo & Piercing Shop
Similar Off Market Nearby
- Norman Florist & Greenhouses, Inc. — 620 Greenwood Ave, Hot Springs, AR 71913
FAQs
What type of property is this?
Storefront property - Nearly 100-year-old commercial building with exposed interior brick walls in the C-G zone.
Where is this storefront property located?
The property is located at 412 Broadway Street Hot Springs, AR.
What is the asking price?
The asking price for this property is $139,500.
What are key features of this property?
This property features: Commercial building built in 1930 on Broadway Street near W Grand Avenue; Zone C‑G commercial with many possible uses; Interior includes public restrooms and a kitchen area
