348 Central

Prime Investment Opportunity in the Heart of Historic Downtown Hot Springs! Own a remarkable piece of Hot Springs history with this iconic downtown landmark—next door to The Waters Hotel, overlooking Bathhouse Row and steps away from the Arlington Hotel. Boasting 8,534 square feet of architectural charm, this building is perfectly positioned to capture the year-round energy and tourism of the National Park District. The main level features 4,200 square feet of prime retail space, complete with expansive display windows and a long-term tenant already secured with a three-year lease—making this an immediate income producer! Upstairs, you’ll find another 4,200 square feet of untapped potential—a blank canvas brimming with possibilities. Imagine transforming this open space with its soaring ceilings, original hardwood floors, and stunning skylight into upscale Airbnb suites, luxury condos, creative workspaces, or an event venue that showcases the best of Hot Springs living. With its unbeatable location, history, and built-in cash flow, this property offers a rare chance to invest where tourism, charm, and opportunity converge.