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Buildable Corner Commercial Lot
For Sale
$570,000

Malvern Avenue, Hot Springs, AR 71901

COMMERCIAL - Hot Springs, AR

Property SizeContact for details
Lot Size1.10 Acres
Days on Market13

Property Features for Malvern Avenue

General Information

Property type Commercial Sale
Property subtype Other
Subdivision HSR BLK
Lot features Level, Corner Lot
Directions Call listing agent for directions.
Standard status Active
Lot size 1.10 Acres

Taxes and HOA fees

Tax Description BLOCK 66 LOT 1-3 & PT 4 & 5
Tax Annual Amount 1735
Legal Description BLOCK 66 LOT 1-3 & PT 4 & 5
Listing Agency: Crye*Leike Pro Elite Realty
Listed By: Falicia Samuels · License #SA00077591
Added: Jul 23 Last Checked: Aug 4 at 1:06AM
MLS# 26029963

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. 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 buildable corner lot in downtown Hot Springs offers land suitable for commercial development. The property is zoned C-1 and includes permitted uses such as restaurants, spas, retail shops, and office spaces.

The lot sits on the corner of Malvern Avenue and Gulpha Street, about one block from the Hot Springs Convention Center. It is also a few blocks from Bathhouse Row.

For buyers and developers seeking a downtown infill site, this C-1 corner parcel provides a flexible platform to support a range of commercial concepts within the permitted use framework.

Key Highlights

  • Buildable corner lot in downtown Hot Springs, Arkansas on the corner of Malvern Ave and Gulpha Street
  • Over one acre of land, zoned C‑1 for a range of commercial uses
  • Permitted uses include restaurants, spas, retail shops, and office spaces

Property Analytics

Current Use

Commercial land

Lease Details

Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

1,639
Businesses Nearby

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
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Commercial land - Corner lot zoned C-1, positioned one block from the Convention Center for downtown commercial development.
Where is this commercial land located?
The property is located at Malvern Avenue Hot Springs, AR.
What is the asking price?
The asking price for this property is $570,000.
What are key features of this property?
This property features: Buildable corner lot in downtown Hot Springs, Arkansas on the corner of Malvern Ave and Gulpha Street; Over one acre of land, zoned C‑1 for a range of commercial uses; Permitted uses include restaurants, spas, retail shops, and office spaces
More about this property
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