About This Home
This 0-bedroom, 0-bathroom commercial at 1010 Central Avenue in Hot Springs, AR is listed for $2,150,000 ($97 per sqft). Built in 1945, the home offers 22,083 sqft of living space on a 0.24 acres lot.
Key Features
- Built in 1945
- 0.24 acre lot
- 2 stories
- 11 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$11,499/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1010 Central Avenue
Hot Springs, AR 71901
HSR BLK
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 1010 Central Avenue is listed at $2,150,000 ($97/sqft). The estimated monthly payment is $11,499 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1945, 0.24 acre lot, 2 stories, 11 parking spaces. Interior Features: 220 Volt Power, Public Restrooms, Display Window. Exterior Features: Guttering, Pole Sign, Door Sign.
This property is listed by Christopher Rix and can be reached at 5016274075.
