700 Central Avenue Hot Springs, AR $ 1,200,000
700 Central Avenue
$ 1,200,000
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700 Central Avenue

Hot Springs, AR, 71901
$ 1,200,000
Bedrooms-- Baths-- Sq 4,267

Monthly Estimate*

$ 7,486

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Commercial Property for sale in Hot Springs, AR

for $1,200,000. This 4,267 square foot building was built in 1895.

If Maxine herself could continue telling you the tales of this wildly popular institution of a local bar they would be lengthy.Recent ownerships have transformed into masterpiece of nightlife that it is now.Countless entertainment styles have passed through the doors.Local patrons arrive like a religion & tourist guests never miss out.Location is in the heart of downtown Hot Springs & among the highest foot count with new visitors daily. Historically the bar has had great music whether live or piped.One of the longest running best bars in the state.Selection of spirits & beers is quite robust attracting discerning palates finding offerings not available in neighboring taverns.It is licensed as a restaurant as well.Fully functional kitchen where staff cranks out Chicago style deep dish pizza & other deliciously curated pub food.Non-smoking but has a comfortable recessed patio with views of mountain,architecture & adjacent hot spring.Band area complete w/ stage,lighting,sound system & elevated sound booth.Interior design is chic w/ murals from local artists. ATM,dart alley& pool.Bathrooms updated,entire facility excellent.Great opportunity to buy a business with a high net profit.

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Commercial Active

Price

$ 1,200,000

Property Type

Commercial

Taxes

$ 3,063

Style

Victorian

Year Built

1895

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

25009482

Features
Interior
Interior Amenities Public Restrooms Equipment (see remarks) Inventory (see remarks) Handicapped Design Kitchen Area Ceiling Fans Video Surveillance Furniture Included Stairs
Floors Concrete
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General
Heating Zoned Units Central Heat-Unspecified Central Air - unspecified Mini Split
Utilities Sewer-Public Water-Public Electric-Municipal Gas-Natural
Zoning C1 Central Business
Year Built 1895
Parking On Street
Tenant Pays All Utilities Heat Hot Water/Water Heater Liability Insurance Real Estate Taxes
Style Victorian
Stories Count One Story
County Garland
Class Commercial / Industrial
Present Use Restaurant
Type Business Only (Bld Leasd)
Business Type Restaurant/Bar
Business Name Maxines
Tax Year 2023
Inside City Limits Yes
Status Active
Subdivision AR
Sale/Rent For Sale
Status Detail 0
Docs on File None
Warranty Normal Wrkng Ordr As O&A
Primary City Hot Springs
Directions Central Avenue Downtown Hot Springs
City Hot Springs
DOM 268
Postal Code 71901
Price Per Sq Ft Total AG 281.23
Public Remarks If Maxine herself could continue telling you the tales of this wildly popular institution of a local bar they would be lengthy.Recent ownerships have transformed into masterpiece of nightlife that it
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Exterior
Exterior Brick
Exterior Amenities Door Sign Wheelchair Accessible Video Surveillance
Road Surface Paved
Foundation Slab
Lot Size Area 0
Lake No
Lot Dimensions 0
Lot Zero Lot Line
Parking 0
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* Excluded Features
List By
Christopher Rix

Listing Agent

Rix Realty Advantage Team Realtors

Broker

chris@rixestate.com

Email

Affordability Calculator

$7,742
Per Month
97%
3%
0%
Monthly Principal & Interest
$7,486
Monthly Property Taxes
$255
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% 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
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/12/2025$1,200,000 Listed Price

Map


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700 Central Avenue, Hot Springs, AR, 71901 is a Commercial Property for sale at $1,200,000 with 4,267 sqft. 700 Central Avenue was built in 1895. The property's zip code is 71901 which is in Hot Springs, AR