502 Morrison Avenue Hot Springs, AR ^$ 325,000

502 Morrison Avenue

^$ 325,000

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502 Morrison Avenue

Hot Springs, AR, 71901

^$ 325,000

Studio Baths0.0 Sq 5,440

Monthly Estimate*

^$ 2,270

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Studio

Commercial Property for sale in Hot Springs, AR

for $325,000. This 5,440 square foot building was built in 1960 on a lot size of 0.45.

Church Building on 3 City Lots. Private office spaces. large gathering hall with commercial kitchen, off street parking with room to expand. Zoned R-4 Medium/High residential, but operated under conditional use.

Commercial Active

Price

^$ 325,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 0

Style

Lot Size

0.45

Year Built

1960

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

24000086

Features

General

Heating Central Cool-Electric

Utilities Sewer-Public Water-Public Electric-Municipal

Roof Composition

Zoning R-4 Other(See Remarks)

Year Built 1960

Parking 11 - 25 Spaces

Tenant Pays None

Subdivision Morrison & Belding

Style Other (see remarks)

Stories One Story

County Garland

Class Commercial / Industrial

Present Use Church

Type Building and Land

Business Type Church

Business Name Saint Mary's

Inside City Limits Yes

Status Active

Docs on File None

Warranty As-Is Prsnt Cnd at Clsng

Directions Central Ave. to Morrison Ave.

City Hot Springs

Street Name Morrison

DOM 118

Price Per Sq Ft 59.74

Coming Soon Church Building on 3 City Lots. Private office spaces. large gathering hall with commercial kitchen off street parking with room to expand. Zoned R-4 Medium/High residential but operated under condit

Exterior

Exterior Brick

Road Surface Paved

Foundation Slab/Crawl Combination

Lot Size Area 0.45

Lot Dimensions 0.45ac

Lot In Subdivision

Parking 20

Interior

Floors Partial Carpet Vinyl

* Excluded Features

List By

Chris Polychron

Listing Agent

The Goff Group Real Estate Company

Broker

chrispolychron44@gmail.com

Affordability Calculator

$2,270

Per Month

Monthly Principal & Interest: $2,270
Monthly Property Taxes: --
Monthly Home Insurance: --

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Interest Rate

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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 171%

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
1/2/2024	$325,000		Listed Price

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502 Morrison Avenue, Hot Springs, AR, 71901 is a Commercial Property for sale at $325,000 with 5,440 sqft and a lot size of 0.45. 502 Morrison Avenue is a studio with 0.0 baths and was built in 1960. 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 4/30/2024.

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502 Morrison Avenue

Commercial Property for sale in Hot Springs, AR

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