REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your agent will contact you to discuss available opportunities.
In-PersonVirtual Tour
$ 1,395,000
Est. payment /mo
Active
348 CENTRAL Avenue Hot Springs, AR 71901
8,458 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Commercial Building
Listing Status Active
Purchase Type For Sale
Square Footage 8,458 sqft
Price per Sqft $164
Subdivision Hsr Blk 89
MLS Listing ID 156127
Year Built 1907
Annual Tax Amount $3,355
Property Sub-Type Commercial Building
Property 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.
Location
State AR
County Garland
Area Hot Springs
Zoning CBD Central Bus. District
Exterior
Utilities Available Electric, Sewer-Public, Water-Public, Telephone
Listed by Urban Living and Development INC
NEARBY SCHOOLS & PROPERTIES