401 Ouachita Ave Hot Springs, AR 71901
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.
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Demott & Martin PA Law Firm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
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Property description
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No recorded transactions found for this property.
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Risks
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