622 Malvern Ave Hot Springs, AR 71901
This exceptional mixed-use property, located at 622-640 Malvern Avenue in Hot Springs, Arkansas, presents a unique investment opportunity. Comprising two single-story buildings totaling 13,758 square feet on a 2.76-acre lot, this property offers multiple tenancy options. Three spaces are currently available, ranging in size from 1,600 square feet to 6,640 square feet, ideal for a variety of businesses. Built in 1965, the property is situated in Garland County, just north of Grand Avenue, providing convenient access to downtown Hot Springs. Its prime location offers easy access to public transportation, the Hot Springs Convention Center, and the scenic Greenway Trail, all within walking distance, ensuring high visibility and accessibility for tenants. The property's versatility makes it suitable for a range of commercial uses, providing a strong foundation for growth and success in a thriving community. The address is 622-640 Malvern Ave, Hot Springs, AR 71901. This is a rare opportunity to acquire a well-located, established commercial property in a desirable Arkansas market.
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Escape Hot Springs, Inc Arcade & Gaming Center
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.