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Property profile & analytics
OFF-MARKET
Office Spaces

401 Ouachita Ave Hot Springs, AR 71901

10,060 SF Built 1913
Property ID
Property summary
AI-generated overview

The Swearingen Building, a historic two-story office building at 401 Ouachita Avenue in Hot Springs, Arkansas, presents a unique investment opportunity. This 10,060-square-foot property, built in 1913, sits on a 0.55-acre corner lot and boasts over 40 paved parking spaces. The building is currently entirely vacant, offering 10,060 contiguous square feet of flexible space. The ground floor is ideally suited for retail, dining establishments, or corporate offices, while the second floor lends itself to boutique lodging or private residences. Its C-2 zoning allows for a variety of uses. The building retains much of its original architectural charm, adding to its character and appeal. Located in Garland County, near the heart of the Central Business District, this property offers excellent visibility and accessibility. The asking price for the building is $1.3 million, or $6,000 per month for lease. The building is classified as Class C and consists of one building with two stories.

Property profile
Verified
Property type Office Spaces
Year built 1913
Total area 10,060 SF
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Demott & Martin PA Law Firm
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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