Hot Springs, AR Restaurants for Sale

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Updated: Apr 21

Historic Downtown Theater and Event Venue

1008 CENTRAL Avenue, Hot Springs, AR 71901

$1,100,000

9,252 sqft

Historic downtown venue built in 1927 in the theatre, gallery & bathhouse district
Updated HVAC with dust‑free active technology, plus electrical, plumbing, low‑flow toilets, and water heater updates
Fire sprinkler system and burglar alarm, with smoke detectors and camera system included
Metal roof and accessible approach with ramp, plus handicapped design and public restrooms
Staged audio and lighting upgrades including new LED Chauvet lighting and JBL Pro Audio with all‑digital iLive

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This listing looks promising.

Here's a quick look at some key insights for

1008 CENTRAL Avenue, Hot Springs, AR 71901

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$98K
Annual
Price @ 7% Cap

$1.4M
Above asking
Last Sold

Dec 2020
$202K
Property Type

Theater (Movie)
Built 1927

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Updated: Jul 1

Restaurant and Bar Building with Parking

101 Central Avenue, Hot Springs, AR 71901

$1,350,000

4,125 sqft 0.41 AC lot

Commercial building built in 1960 with a metal roof
Approximately 0.40 acres with 150 ft of frontage on Central Avenue in downtown Hot Springs
Spacious upper and lower levels offering versatile commercial space
Located on Central Avenue directly across from the former Majestic Hotel redevelopment site
Includes a large private parking lot for customer and tenant parking

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Downtown Restaurant and Bar Building

101 CENTRAL Avenue, Hot Springs, AR 71901

$1,350,000

4,125 sqft 0.40 AC lot

Landmark restaurant and bar building with upper and lower levels, 150 feet of frontage, and a private parking lot.

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Historic Downtown Storefront Property

802 CENTRAL Avenue Unit: 1, Hot Springs, AR 71901

$599,000

1,800 sqft

Finished public space includes storage and a separate stocking room.

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Historic Bar Property with Storage

802 CENTRAL Avenue, Hot Springs, AR 71901

$599,000

2,070 sqft

CBD-zoned building includes public space, heated and cooled storage, and a separate stocking room.

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Bar Building with Storage

802 Central Avenue, Hot Springs, AR 71901

$599,000

2,070 sqft 0.06 AC lot

Historic downtown setting includes conditioned storage and a separate stocking room.

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Restaurant Space in Central Business District

4263 CENTRAL Avenue, Hot Springs, AR 71913

$2,500,000

4,832 sqft 0.10 AC lot

Restaurant building on a 0.1-acre lot, zoned CBD Central Bus. District, with sprinkler system and public restrooms.

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Restaurant Space in Hotel Development

4263 Central Ave, Hot Springs, AR 71913

$2,500,000

4,832 sqft

Restaurant property in a hotel and restaurant development, with three nearby hotels and a $500,000 kitchen remodel allowance.

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Restaurant and Bar Building

4977 ALBERT PIKE Road, Hot Springs, AR 71913

$250,000

2,594 sqft 0.97 AC lot

Former bar and grill on a corner lot with indoor dining, bar area, kitchen, and outdoor seating.

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Concrete-and-Steel Retail Building

1010 Central Avenue, Hot Springs, AR 71901

$2,150,000

22,083 sqft 0.24 AC lot

Concrete-and-steel retail building with CBD/C1 zoning, 11' ceilings, and on-site garage parking for 11 vehicles.

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Restaurant Bar on Corner Lot

4977 Albert Pike Rd, Hot Springs, AR 71913

$250,000

2,594 sqft 0.97 AC lot

Former bar and grill includes indoor dining, bar area, kitchen, walk-in cooler, and outdoor seating on a corner lot.

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Updated Theater Venue with Stage Audio

1008 Central Avenue, Hot Springs, AR 71901

$1,100,000

9,252 sqft

Updated theater venue with newer HVAC, LED lighting, JBL Pro Audio, and full fire and security systems.

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Downtown Mixed-Use Commercial Building

1001 Central Ave, Hot Springs, AR 71901

$725,000

3,915 sqft

Downtown retail/office building with dedicated parking, frontage on Central Avenue, and two flexible suites.

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Two-Level Bar and Pub Property

101 Central Avenue, Hot Springs, AR 71901

$1,350,000

0.40 AC lot

Two-level commercial building with private parking and established Central Avenue frontage in downtown Hot Springs.

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Updated Theater and Entertainment Venue

1008 Central Ave, Hot Springs, AR 71901

$1,100,000

9,252 sqft

Updated historic venue on C1 zoning with theater seating, modern lighting, audio, and life-safety systems plus front and back street access.

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Freestanding Drive-Through Restaurant Portfolio

1508 Albert Pike Road, Hot Springs, AR 71913

Contact for pricing

3,239 sqft

Portfolio includes three freestanding Popeyes restaurants with underlying real estate in Hot Springs, Arkansas.

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Freestanding NNN Restaurant Ground Lease

102 Buena Vista Rd, Hot Springs, AR 71913

Contact for pricing

3,145 sqft

2019-built restaurant on an absolute NNN ground lease with approximately 10.5 years remaining and fixed 8% increases every five years.

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Restaurant Property for Sale

1010 Central, Hot Springs, AR 71901

$2,150,000

Restaurant-focused commercial property available for sale in Hot Springs, Arkansas.

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KFC/Taco Bell NNN Restaurant

141 E Grand Ave, Hot Springs, AR 71901

Contact for pricing

KFC/Taco Bell restaurant offered subject to a NNN lease with four 5-year renewal options.

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Malvern Avenue Commercial Land Available

000 Malvern Ave, Hot Springs, AR 71901

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2.70 AC lot

2.7 acres of commercially zoned land on Malvern Avenue.

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Waterfront Commercial Land Opportunity

2806 Albert - 2800-2826 Albert Pike, Hot Springs, AR 71913

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Commercial waterfront parcels with Hwy frontage, zoned C4 and all utilities for flexible development options.

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Based on your search, we've compiled Potential Opportunities for your consideration. Besides 21 Active Listings in Hot Springs, AR, we suggest to view alternatives - similar 51 Off-Market properties to explore as potential leads.

Off-Market Properties in Hot Springs, AR

Consider similar Off-Market properties in Hot Springs, AR. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

RESTAURANT

1001 Central Ave, Hot Springs, AR 71901-5338

$245,000

Estimated value

3,915 sqft 0.24 AC lot

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RESTAURANT

4104 Central Ave, Hot Springs, AR 71913-7293

$1,575,000

Estimated value

7,116 sqft 1.65 AC lot

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RESTAURANT

4426 Central Ave, Hot Springs, AR 71913-7252

$3,155,000

Estimated value

5,012 sqft 1.37 AC lot

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Hot Springs, AR Restaurants Market Trends and Statistics

Explore 72 restaurants for sale in Hot Springs, AR, showcased through 21 active listings on our real estate platform. These investment opportunities span a total of 89,180 square feet of properties for sale, with an estimated market value of $19,672,000.

Sale prices for restaurant properties in Hot Springs, AR start at $250,000, averaging $1,229,500, and reaching up to $2,500,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Demographics Overview

Population 95K

Population Growth (5Y) +5.1%

Median Household Income $57,120

College Educated 14.7%

High-Yield Neighborhoods for Investment

Identify Hot Springs submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood	Average Price
Hot Springs National Park - 71913	$1.1M
Hot Springs National Park - 71901	$1.2M

Listings Trend

New vs delisted commercial listings in Garland County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Hot Springs fall within the 50,000 to 100,000 square foot range.

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