Restaurant Space in Hotel
For Sale
$2,500,000
4263 Central Ave, Hot Springs, AR 71913
Restaurant property in a hotel and restaurant development, with three nearby hotels and a $500,000 kitchen remodel allowance.
Property Size4,832 SF
Price / SF$517.38
Days on Market131
Property Features for 4263 Central Ave
General Information
Standard status
Active
Size
4,832 SF
Taxes and HOA fees
Annual Taxes
$6,000
Listing Agency:
Lake Hamilton Realty, Inc.
(501) 538-2369
Listed By:
Deborah Libby · License #00061778
(501) 538-2369
Source:
Exprealty
Added: Apr 13
Changed: Aug 21
Last Checked: Aug 21 at 9:13AM
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 Lake Hamilton Realty, Inc.
Investment Insights
Based on property information with market context.
This restaurant property is located within a hotel and restaurant development and benefits from nearby hotel traffic. The offering follows a recent kitchen fire, and the owner is providing a $500,000 allowance toward remodeling the kitchen and restaurant space to suit the new owner’s concept.
The site is surrounded by three established hotels that bring year-round visitors and travelers.
For prospective buyers, the property’s core value centers on the existing restaurant configuration within a hospitality cluster and the stated kitchen renovation credit to restart operations under new finishes and layout.
The site is surrounded by three established hotels that bring year-round visitors and travelers.
For prospective buyers, the property’s core value centers on the existing restaurant configuration within a hospitality cluster and the stated kitchen renovation credit to restart operations under new finishes and layout.
Key Highlights
- Restaurant property within a hotel and restaurant development with a built‑in customer base.
- Surrounded by three established hotels that generate year‑round visitor and traveler traffic.
- Owner offering a $500,000 allowance for the new owner to remodel the kitchen and restaurant space after a recent kitchen fire.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
327k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 43%
Shops & Services 30%
Apparel 12%
Groceries 11%
Hobby Lobby
Shops & Services
40,715 visits/mo
0.3 miles
Whataburger
Dining
34,485 visits/mo
0.3 miles
Kroger
Groceries
34,394 visits/mo
0.2 miles
Ross Dress for Less
Apparel
24,582 visits/mo
0.3 miles
Dollar Tree
Shops & Services
22,685 visits/mo
0.2 miles
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 Retail in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Similar Off Market Nearby
- Hibachi Sushi Buffet — National Park, 4334 Central Ave, Hot Springs, AR 71913
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Restaurant property in a hotel and restaurant development, with three nearby hotels and a $500,000 kitchen remodel allowance.
Where is this conventional restaurant located?
The property is located at 4263 Central Ave 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: Restaurant property within a hotel and restaurant development with a built‑in customer base.; Surrounded by three established hotels that generate year‑round visitor and traveler traffic.; Owner offering a $500,000 allowance for the new owner to remodel the kitchen and restaurant space after a recent kitchen fire.
