Map
Listed price in listed location currency (USD).
$1,395,000

000

MLS® 156000

Overview

Key Facts

Type 
Levels Commercial Sale
Size 8458 sqft
Garage 
Taxes $3,355
Days Active 0
Lot Size 
Approx. Age 1907
Avg. Price Per Sqft $164
MLS® Number 156000

Property Address: 348 Central Avenue, Hot Springs, AR, 71901

Average square foot calculated using Size range provided by listing agent.

Description

Own a rare piece of Hot Springs history and secure one of the most coveted commercial opportunities in the heart of Historic Downtown. Perfectly positioned beside The Waters Hotel and just steps from Hot Springs National Park, this landmark property offers unmatched visibility, character, and investment potential in one of Arkansas's premier tourism destinations. Spanning approximately 8, 400 square feet, the property features 4, 000 square feet of prime street-level retail space with expansive display windows that capture the constant flow of downtown foot traffic. The current retail lease provides immediate income . Above, an equally impressive second floor presents a blank canvas for visionary investors, developers, or entrepreneurs seeking to maximize returns and create something truly exceptional. The upper level showcases original wood floors, soaring ceilings, a stunning vaulted skylight, and breathtaking views overlooking Bathhouse Row and the historic Arlington Hotel. Rich with architectural charm and timeless character, this space offers endless possibilities for redevelopment, including luxury vacation rentals, boutique hospitality, executive offices, event and conference space, mixed-use development, or an extraordinary private residence in the center of downtown. Whether you're seeking a signature investment property, an income-producing asset, or the opportunity to create a one-of-a-kind destination, this historic gem delivers unparalleled potential. Surrounded by thriving businesses, renowned attractions, and year-round tourism, this is your chance to own a landmark building in one of the most dynamic and desirable locations in the Spa City.
MLS® Number156000
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1907
Basement
Driveway
Garage Spaces
Heat
A/CCentral Cool-Electric

Extras

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