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

2 stories
11 spaces
1945

Amenities

Solar
Listing Description

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

Principal$1,555
Interest$9,317
Insurance$627

Estimates only. Actual payments may vary.

Location

1010 Central Avenue

Hot Springs, AR 71901

HSR BLK

Features & Amenities

Interior Features

220 Volt PowerPublic RestroomsDisplay WindowWindow TreatmentsHandicapped DesignFire SystemKitchen AreaLiving AreaIn-Unit BathroomLiving Space IncludedShowersStairsGlazed Windows

Exterior Features

GutteringPole SignDoor SignOverhead DoorsWheelchair AccessibleVideo Surveillance

Property Details

Flooring

VinylConcreteTile

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.

CR

Christopher Rix

Agent at Rix Realty - Advantage Team Realtors

Listed by Rix Realty - Advantage Team Realtors · Broker phone: (501) 627-4075 · Broker website

MLS# 25029183· Source: Cooperative Arkansas Realtors Multiple Listing Service· 461 days on PropertySimple

Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1010 Central Avenue, Hot Springs, AR 71901

Open this listing in: