2420 Central Hot Springs, AR ^$ 2,350,000

2420 Central

^$ 2,350,000

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2420 Central

Hot Springs, AR, 71901

^$ 2,350,000

Studio Baths0.0 Sq 17,652

Monthly Estimate*

^$ 16,415

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Studio

Commercial Property for sale in Hot Springs, AR

for $2,350,000. This 17,652 square foot building was built in 1945 on a lot size of 0.64.

Unlock your investment potential with 16 turnkey units strategically located directly across from Oaklawn racetrack on Central Ave. This is prime real estate offering a unique blend of convenience and excitement. Whether you're seeking a comprehensive investment with all 16 units, a package of 4 or 6 units, or desire a single unit, this property can cater to your investment goals. Explore the flexibility to customize your portfolio and seize the opportunity!

Commercial Active

Price

^$ 2,350,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 10,500

Style

Lot Size

0.64

Year Built

1945

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

23038403

Features

General

Heating Central Cool-Electric

Utilities Sewer-Public Water-Public Electric-Municipal

Roof Other (see remarks)

Year Built 1945

Tenant Pays Other (see remarks)

Subdivision Oakwood Park

Style Other (see remarks)

Stories Other (see remarks)

County Garland

Class Commercial / Industrial

Type Building and Land

Business Type Condos

Business Name The National

Inside City Limits Yes

Status Active

Docs on File Other (see remarks)

Directions Head northeast toward Orange St. Turn right onto Orange St. Turn right onto Central Ave. Property is on the right directly across the street from the race track.

City Hot Springs

Street Name Central

DOM 149

Price Per Sq Ft 133.13

Coming Soon Unlock your investment potential with 16 turnkey units strategically located directly across from Oaklawn racetrack on Central Ave. This is prime real estate offering a unique blend of convenience an

Exterior

Exterior Brick

Road Surface Paved

Foundation Slab

Lot Size Area 0.64

Lot Dimensions .64

Lot Corner Lot

Parking 21

Interior

Floors Other (see remarks)

* Excluded Features

List By

David Hall

Listing Agent

The Goff Group Real Estate Company

Broker

david@goffgroupreco.com

Affordability Calculator

$17,290

Per Month

Monthly Principal & Interest: $16,415
Monthly Property Taxes: $875
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Hot Springs, AR

Average List Price ^$881,306

Percent of Sale Price 62%

About Hot Springs, AR

15,306 Population

35% Since 2002

^$53,252 Median Income

70.79 Median Age

8% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

886427 Elementary School

886671 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
12/1/2023	$2,350,000		Listed Price

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2420 Central, Hot Springs, AR, 71901 is a Commercial Property for sale at $2,350,000 with 17,652 sqft and a lot size of 0.64. 2420 Central is a studio with 0.0 baths and was built in 1945. The property's zip code is 71901 which is in Hot Springs, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Cooperative Arkansas REALTORS Multiple Listing Services, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 4/28/2024.

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2420 Central

Commercial Property for sale in Hot Springs, AR

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