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Restaurant Space in Central Business District
For Sale
$2,500,000

4263 CENTRAL Avenue, Hot Springs, AR 71913

COMMERCIAL/INDUSTRIAL, Hot Springs, AR

Property Size4,832 SF
Lot Size0.10 Acres
Price / SF$517.38
Days on Market137

Property Features for 4263 CENTRAL Avenue

General Information

Property type Commercial Sale
Property subtype Other
Zoning CBD Central Bus. District
Zoning description CBD Central Bus. District
Interior features Sprinkler, Public Restrooms, Smoke Detector
Exterior features Lawn Sprinkler
Directions Central Ave to 4236 Central Ave.
Subdivision HOT SPRINGS
Standard status Active
Size 4,832 SF
Lot size 0.10 Acres

Taxes and HOA fees

Tax Description SEE FILE
Tax Annual Amount 6000
Legal Description SEE FILE

Building Details

Year built 1985
Floors in Building 1
Flooring type Tile, Wood
Roof type Composition
Listing Agency: Lake Hamilton Realty, Inc.
Listed By: Deborah Libby · License #00061778
Added: Apr 13 Changed: Aug 19 Last Checked: Aug 27 at 6:06AM
MLS# 154952

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 restaurant property is located within a hotel and restaurant development and is supported by a surrounding mix of three established hotels that generate visitor and traveler traffic year-round. The building is sprinklered and includes public restrooms and smoke detection. Interior finishes include wood and tile flooring, and the roof is composition.

The property was built in 1985 and sits on a 0.1-acre lot. Exterior features include a lawn sprinkler, supporting the landscaped grounds.

A recent kitchen fire will require remodeling of the kitchen and restaurant space for a new tenant or owner to tailor the buildout to their concept. This is a practical option for operators looking to reimagine a restaurant setting within an active hospitality area at 4263 Central Avenue, Hot Springs, AR 71913.

Key Highlights

  • Restaurant property within a hotel and restaurant development
  • Surrounded by three established hotels bringing visitor and traveler traffic year‑round
  • Zoned CBD Central Bus. District

Property Analytics

Current Use

Bleu Monkey Grill Bar & Pub

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Barber Shop Catering Service Veterinary Clinic Pet Grooming Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

600
Businesses Nearby
327k
Monthly Visits Nearby
Balanced
Demand for This Use

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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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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 building on a 0.1-acre lot, zoned CBD Central Bus. District, with sprinkler system and public restrooms.
Where is this conventional restaurant located?
The property is located at 4263 CENTRAL 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: Restaurant property within a hotel and restaurant development; Surrounded by three established hotels bringing visitor and traveler traffic year‑round; Zoned CBD Central Bus. District
More about this property
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