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Mixed-Use Retail Shopping Center
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622-640 Malvern Ave, Hot Springs, AR 71901

Mixed-use retail shopping center near city transit and the Convention Center for convenient pedestrian access.

Property Size6,640 SF
Price / SF$0.18
Days on Market55

Property Features for 622-640 Malvern Ave

General Information

Standard status Active
Size 6,640 SF
Property subtype Retail
Listing Agency: Little Rock
Listed By: Karolyn Fankhouser · License #EB00044496
Source: Colliers
Added: Jun 19 Changed: Jul 10 Last Checked: Aug 12 at 3:13AM

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 Little Rock

Investment Insights

Based on property information with market context.

This shopping center provides mixed-use space designed for a combination of retail and other compatible uses within a single property setting. The available offering is part of a compact retail environment intended to serve day-to-day needs in a walkable area.

The property is located within walking distance of city transit, the Hot Springs Convention Center, and the Greenway Trail. That proximity can support tenants that benefit from steady foot traffic and public access.

For retailers or mixed-use operators looking for an easy-to-approach location, the center’s adjacency to transit, a major event venue, and a trail network offers practical visibility to pedestrians. The configuration as a shopping center also provides the framework for coexisting tenants within one property footprint, rather than a standalone site.

Key Highlights

  • Shopping center with mixed‑use space
  • Within walking distance of city transit
  • Within walking distance of the Hot Springs Convention Center and the Greenway Trail

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Storage Facility (Bike/Boat/Book/etc) Store Butcher Carpet & Flooring Store Pet Store & Service Parking Lot & Garage

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

1,592
Businesses Nearby
89k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 44% Shops & Services 35% Hotels & Casinos 9% Apparel 5%
Dodge's Southern Style Shops & Services
20,088 visits/mo 0.4 miles
McDonald's Dining
18,055 visits/mo 0.2 miles
Burger King Dining
9,887 visits/mo 0.4 miles
Embassy Suites By Hilton Hot Springs Hotel & Spa Hotels & Casinos
7,888 visits/mo 0.3 miles
Popeyes Louisiana Kitchen Dining
7,854 visits/mo 0.3 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

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
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Frequently Asked Questions

What type of property is this?
Shopping center - Mixed-use retail shopping center near city transit and the Convention Center for convenient pedestrian access.
Where is this shopping center located?
The property is located at 622-640 Malvern Ave Hot Springs, AR.
What is the asking price?
The asking price for this property is Off market.
What are key features of this property?
This property features: Shopping center with mixed‑use space; Within walking distance of city transit; Within walking distance of the Hot Springs Convention Center and the Greenway Trail
More about this property
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