Residential Income Property with Large
For Sale
$335,000
540 Ouachita Avenue, Hot Springs, AR 71901
Historic income property features high ceilings and large windows, eligible for short-term rental use.
Property Size3,171 SF
Days on Market62
Property Features for 540 Ouachita Avenue
General Information
Standard status
Active
Size
3,171 SF
Total Parking Spaces
10
Property subtype
Commercial
Building Details
Building Size
3,171 SF
Year Built
1920
Stories
1
Listing Agency:
Trademark Real Estate, Inc.
(501) 844-5949
Listed By:
Kim Walker
(501) 844-5949
Source:
Proeliterealty
Added: Jun 22
Changed: Aug 14
Last Checked: Aug 21 at 1:44PM
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 Trademark Real Estate, Inc.
Investment Insights
Based on property information with market context.
This residential income property offers a solid, dependable structure with historical character. Inside, high ceilings help create a more open feel, while large windows bring in natural light. The building is described as having the flexibility to be recreated into a new concept, and it is noted as eligible to be permitted for short-term rental use, subject to the applicable permitting process.
Located in Hot Springs, the property is positioned in the heart of the area’s historical commercial district at 540 Ouachita Avenue (Hot Springs, AR 71901). The opportunity centers on combining the building’s distinctive historic appeal with a potential short-term rental option, giving a buyer room to plan the future use of the space.
Located in Hot Springs, the property is positioned in the heart of the area’s historical commercial district at 540 Ouachita Avenue (Hot Springs, AR 71901). The opportunity centers on combining the building’s distinctive historic appeal with a potential short-term rental option, giving a buyer room to plan the future use of the space.
Key Highlights
- Historic Hot Springs commercial property built in 1920
- High ceilings and large windows for abundant natural light
- Eligible to be permitted for short‑term rental use
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,635
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Specialty property - Historic income property features high ceilings and large windows, eligible for short-term rental use.
Where is this specialty property located?
The property is located at 540 Ouachita Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $335,000.
What are key features of this property?
This property features: Historic Hot Springs commercial property built in 1920; High ceilings and large windows for abundant natural light; Eligible to be permitted for short‑term rental use
