Property summary
This exceptional 4,487-square-foot mixed-use building, situated on a 0.34-acre lot at 1700 Central Avenue in Hot Springs, Arkansas, presents a unique investment opportunity. Built in 1933, this single-story, freestanding storefront boasts a captivating blend of classic charm and modern functionality. The property features an open floor plan ideal for versatile commercial use, complemented by several private offices, enhancing privacy and productivity. Original hardwood floors and stunning stained-glass windows add character and elegance. The building also includes an ADA-compliant ramp and restroom, a full kitchen, and a one-car garage, catering to diverse operational needs. With 100 feet of frontage on Central Avenue, this location benefits from exceptional visibility and high traffic, with over 21,000 vehicles passing daily. Zoned C-2, this property is perfectly positioned for a variety of commercial ventures, offering significant potential for growth and return. Furnishings are available for an additional cost. This is a rare opportunity to acquire a well-maintained, historically significant commercial property in a thriving Arkansas location. The asking price is $650,000.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center Alternative Medicine Practice
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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