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1010 Central Avenue Hot Springs, AR $ 1,900,000
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$ 1,900,000 Get more info
1010 Central Avenue
$ 1,900,000
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Share Save

1010 Central Avenue

Hot Springs, AR, 71901
$ 1,900,000
Bedrooms-- Baths-- Sq 22,083

Monthly Estimate*

$ 11,854

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Commercial Property for sale in Hot Springs, AR

for $1,900,000. This 22,083 square foot building was built in 1945 on a lot size of 0.24.

Heart of city & entry block to Downtown area with 22,000sqf of space. Concrete & Steel construction, Not in flood zone. Building could be used in many different ways with CBD/C1 zoning. 11' ceilings. Retail, museum, restaurant, office and more. Residence top floor, vacation rental or see the plans for 9 rental loft apartments. Newer roof(60mil TPO) with decking insulation, fiber optic wifi, Newer HVAC, commercial kitchen with grease trap, electrical & plumbing upgrades, emergency exit signage & lighting, new garage door opener, plumbed bars, paint and more. Garage can park 11 vehicles easily. 2nd story kitchen area has 10' commercial vent hood & plumbing updates. 2nd floor has indoor ramp from street level as well as stairs for access. Building is on city parade route. The roof has some of the best downtown & mountain views-would host a great rooftop deck & still have room for solar panels.Upstairs & Downstairs are metered separately.Ample parking surrounds. Located just 2 blocks South of historic district boundary regulation & parking struggle but high foot traffic & vehicle count with several new adjacent businesses.Could be purchased with neighboring building which is 9000sqf.

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Commercial Active

Price

$ 1,900,000

Property Type

Commercial

Taxes

$ 3,263

Style

Lot Size

0.24

Year Built

1945

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

25029183
Features
Interior
Interior Amenities 220 Volt Power Public Restrooms Display Window Window Treatments Handicapped Design Fire System Kitchen Area Living Area In-Unit Bathroom Living Space Included Showers Stairs Glazed Windows
Floors Vinyl Tile Concrete
Walls Plaster
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General
Heating Central Cool-Electric Central Heat-Gas Central Heat-Electric Space Heater-Gas Zoned Units Mini Split
Utilities Sewer-Public Water-Public Electric-Municipal Gas-Natural All Underground
Roof Membrane
Zoning C1 CBD Central Business
Year Built 1945
Parking 11 - 25 Spaces Paved
Tenant Pays All Utilities
Subdivision HSR BLK AR
Stories Count Two Story
County Garland
Class Commercial / Industrial
Present Use Retail
Type Mixed Use
Tax Year 2024
Inside City Limits Yes
Electric 3 Phase Circuit Breaker(s) On-Site Underground
Status Active
Sale/Rent For Sale
Status Detail 0
Docs on File Building Plans State Permit
Green Features Tankless Water Heater
Warranty Normal Wrkng Ordr As O&A
Energy Features Extra Insulation
Primary City Hot Springs
Directions Central Avenue Downtown
City Hot Springs
DOM 135
Postal Code 71901
Price Per Sq Ft Total AG 86.04
Public Remarks Heart of city & entry block to Downtown area with 22 000sqf of space. Concrete & Steel construction Not in flood zone. Building could be used in many different ways with CBD/C1 zoning. 11' ceilings.
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Exterior
Exterior Brick
Exterior Amenities Guttering Pole Sign Door Sign Overhead Doors Wheelchair Accessible Video Surveillance
Road Surface Paved
Foundation Slab
Lot Size Area 0.24
Lake No
Lot Dimensions 75x143
Lot Level Zero Lot Line Resort Property Mountain View Condo Development Recreational Sidewalks Streetlights View
Parking 11
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* Excluded Features
List By
Christopher Rix

Listing Agent

Rix Realty Advantage Team Realtors

Broker

chris@rixestate.com

Email

Affordability Calculator

$12,125
Per Month
98%
2%
0%
Monthly Principal & Interest
$11,854
Monthly Property Taxes
$272
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
See complete school information
Pricing History
DatePricePrice ChangeDescription
7/23/2025$1,900,000 Listed Price

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1010 Central Avenue, Hot Springs, AR, 71901 is a Commercial Property for sale at $1,900,000 with 22,083 sqft and a lot size of 0.24. 1010 Central Avenue was built in 1945. The property's zip code is 71901 which is in Hot Springs, AR

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