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Four-Room Restaurant with Bars
For Sale
Contact for pricing
Pending

707 Central Ave, Hot Springs, AR 71901

Established restaurant property with multiple dining areas, bar spaces, billiards, and included furniture, fixtures, and equipment.

Property SizeContact for details
Days on Market143

Property Features for 707 Central Ave

General Information

Standard status Pending
Property subtype Retail

Restaurant

Equipment Included Yes
Liquor License Yes

Additional Details

Furnished Yes
Business Included Yes

Building Details

Buildings 1
Listing Agency: Preferred Properties Realty
Listed By: Joe Goslee · License #AR
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 1:18AM

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 Preferred Properties Realty

Investment Insights

Based on property information with market context.

This conventional restaurant property combines 12,000+ SF across 707 and 709 Central Avenue, configured as one establishment. The layout includes four dining rooms, four bar areas, a billiards room, and four entrances serving two streets. Furniture, fixtures, equipment, and two operating businesses are included, along with two liquor licenses.

The property is located in the Downtown Historic District of Hot Springs, two blocks from the Hot Springs Convention Center and within walking distance of four major hotels. Its Central Avenue setting and dual-street access support a substantial hospitality operation with distinct interior areas and multiple points of entry.

Key Highlights

  • 12,000+ SF across 707 & 709 Central Avenue operating as one establishment
  • Four dining rooms, four bars, and a billiards room
  • Four entrances from two streets

Property Analytics

Current Use

The Porterhouse Take-out & Catering

Suggested Use

Top Pick Storage Facility Auto Parts Store Garden Center (Bike/Boat/Book/etc) Store Furniture & Home Goods Butcher

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

Lease Details

Turnkey business
Opportunity
Yes
Liquor license

Location Intelligence

Trade Area within ½ mile

1,639
Businesses Nearby
45k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 44% Dining 22% Hotels & Casinos 17% Groceries 10%
Burger King Dining
9,887 visits/mo 0.4 miles
Embassy Suites By Hilton Hot Springs Hotel & Spa Hotels & Casinos
7,888 visits/mo 0.4 miles
Valero Energy Shops & Services
5,905 visits/mo 0.4 miles
Family Dollar Shops & Services
5,119 visits/mo 0.4 miles
Exxon Shops & Services
5,087 visits/mo 0.4 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
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Established restaurant property with multiple dining areas, bar spaces, billiards, and included furniture, fixtures, and equipment.
Where is this conventional restaurant located?
The property is located at 707 Central Ave Hot Springs, AR.
What are key features of this property?
This property features: 12,000+ SF across 707 & 709 Central Avenue operating as one establishment; Four dining rooms, four bars, and a billiards room; Four entrances from two streets
(501) 617-4151 Call to check price and availability
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