Current Use by Public Records
- Demott & Martin PA / Law Firm
Property Details for 401 Ouachita Ave
- Year built
- 1913
- Lot size
- 0.55 lot acres
- Property type
- Office Spaces
Description
This 10,060-square-foot, two-story Class C office building, located at 401 Ouachita Ave in Hot Springs, Arkansas, is available for sale at $1,300,000. Built in 1913, this vacant property sits on a 0.549-acre lot and boasts over 40 paved parking spaces. The building's flexible layout includes 18 offices, two conference rooms, two break rooms, and five restrooms. The first floor is ideal for retail, restaurants, or corporate offices, while the second floor offers potential for boutique lodging or private residences. The property is zoned C-2 and retains much of its original architectural charm. Its prime location in the Central Business District, at the corner of Ouachita Avenue and Orange Street, offers excellent visibility and accessibility. The building's net rentable area is 10,060 square feet. This is a rare opportunity to acquire a historic commercial building with significant potential in a thriving Arkansas city. The lease type is Net Net (NN).
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Hot Springs
- County
- Garland
- State
- Arkansas
- Longitude
- -93.0576
- Latitude
- 34.506
