829 Central AveHot Springs, AR 71901

  • Retail space
  • 2,195 SF
For Lease
$60,000/SF/YR View listing

Property Details for 829 Central Ave

Year built
1908
Lot size
0.05 AC
Property size (Sq ft)
2,195 SF
Property type
Retail space
APN
400-33050-005-000
APU
40033050005000

Description

This exceptional 2,195 square foot retail space is ideally situated on Central Avenue in the heart of historic downtown Hot Springs, Arkansas. The property, housed in a beautifully renovated building (2024), boasts a prime streetfront location on one of the city's busiest thoroughfares. Built in 1908, the four-story building offers a unique blend of historical charm and modern updates. The entire 2,195 square feet is currently vacant and ready for immediate occupancy. The 0.6-acre lot provides ample space and visibility. This location offers unparalleled access to foot traffic and is directly across from the planned site of a new hotel development, promising increased exposure and potential synergy. The property's single-tenancy setup provides flexibility and control for the lessee. This is a rare opportunity to establish a thriving business in a vibrant and growing downtown area. The property is located in Garland County, Arkansas, with a 71901 zip code. This retail space presents a compelling investment opportunity in a highly desirable location.

Location Insight

City
Hot Springs
County
Garland
State
Arkansas
Latitude
34.5084
Longitude
-93.0541
CBSA code
26300
CBSA name
HOT SPRINGS, AR METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2024
$1,571
$23,250
$11,500
$34,750
-
$116,250
$57,500
$173,750

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