For Sale
$349,000

620 Grand AveHot Springs, AR 71901

Hot Springs, AR: Prime Commercial Space

Overview

Added:
Dec 11, 2024
Days on market:
119
This exceptional mixed-use property, located at 620 W Grand Avenue in Hot Springs, Arkansas, presents a compelling investment opportunity. The 2,409 square foot building, constructed in 1940, sits on a 0.15-acre lot and is zoned for commercial use. Currently configured as a doctor's office, the space boasts a welcoming reception area, a comfortable waiting room, and multiple exam rooms, making it ideally suited for medical practices, legal offices, or accounting firms. The building's layout includes ample storage space, catering to the needs of various professional businesses. The property's Class D designation reflects its potential for renovation and modernization, offering a chance to enhance its value and appeal. Situated in a high-traffic area near the courthouse and numerous amenities, this location ensures excellent visibility and accessibility. The asking price is $349,000, translating to $144.87 per square foot. The property consists of one single-story building with two units, providing flexibility for potential expansion or multi-tenant occupancy. This is a rare chance to acquire a well-positioned commercial property in a thriving Arkansas city. The existing infrastructure, including the reception and exam rooms, provides a significant head start for any prospective business owner. Don't miss this opportunity to own a piece of Hot Springs' commercial landscape.

Highlights

  • Exceptional investment opportunity in established medical office building.
  • Currently configured as a physician's office suite.
  • Features reception area, waiting room, and multiple exam rooms.

Property Details for 620 Grand Ave

Property type
Office properties, Mixed-use properties
Square Feet
2,409 SF
Class
D
Year Built
1940
Buildings
1
Stories
1
Lot Size (sq. ft)
6,534 SF
Units
2

Location Insight

City
Hot Springs
County
Garland
State
Arkansas
Latitude
34.50208122
Longitude
-93.06343065
620 Grand Ave, Hot Springs, Arkansas

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620 Grand Ave
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