348 Central Avenue,Hot Springs, AR 71901
Hot Springs, AR 71901
Description
Own a landmark property in the heart of Historic Downtown Hot Springs and capitalize on one of Arkansas’ most visited tourism destinations. Ideally positioned adjacent to The Waters Hotel and just steps from Bathhouse Row, this impressive income-producing property offers exceptional visibility, character, and long-term investment potential. Featuring approximately 8,400 square feet, the building includes approximately 4,000 square feet of street-level commercial space with expansive display windows and outstanding pedestrian exposure along Central Avenue. The upper level offers an additional 4,000 square feet and presents a unique redevelopment opportunity for a variety of uses. The second floor showcases original hardwood floors, soaring ceilings, a vaulted skylight, and stunning views overlooking Bathhouse Row and the iconic Arlington Hotel. Rich in architectural character and historic charm, the space provides the perfect setting for boutique hospitality, executive offices, creative workspaces, event venues, luxury residential living, or a mixed-use investment concept. Located in the center of the vibrant downtown district, surrounded by restaurants, shopping, entertainment, and year-round tourism, this property offers investors the opportunity to preserve a piece of Hot Springs history while creating a dynamic asset for the future. Whether expanding an investment portfolio or developing a signature downtown project, this exceptional property delivers location, character, and unlimited potential in the heart of the Spa City.
Details
| MLS # | 156127 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active |
| Year | 1907 |
| Days On Site | 92 |
| Listing Provided By | Urban Living and Development INC | Amber Henson |
Features
| SQ Feet | 8,458 |
|---|
Taxes
| Property | 3355 |
|---|
Area Information
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71901 |
| Area | Garland |
| Community Name | HSR BLK 89 |
| Listing VS Median (in HSR BLK 89) | |
Price: $1,395,000 low | high Med: $675,000 sqft: 8,458 low | high Med: 2,604 $ / sqft: $165 low | high Med: $259 On site: 92 low | high Med: 229 | |
Market Activity 71901
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Learn More About This Property
| State | AR |
|---|---|
| County | Garland |
| City | Hot Springs |
| Zip Code | 71901 |
| Area | Garland |
| Community Name | HSR BLK 89 |
| Listing VS Median (in HSR BLK 89) | |
Price: $1,395,000 low | high Med: $675,000 sqft: 8,458 low | high Med: 2,604 $ / sqft: $165 low | high Med: $259 On site: 92 low | high Med: 229 | |
