$725,000

Excellent commercial opportunity in the heart of downtown Hot Springs. Located at 1001 Central Avenue, this 3,915 square foot building offers great visibility, easy access, and a feature that is extremely hard to find downtown—14 dedicated parking spaces. With frontage directly on Central Avenue, this property sits in one of Hot Springs’ busiest commercial and tourism areas with steady traffic from both locals and visitors. The building is currently divided into two separate commercial spaces, giving a new owner plenty of flexibility depending on their business needs. Inside you will find two commercial kitchen areas, four total restrooms, and separate utility systems for each side including central heat and air, alarm systems, hot water tanks, and more. The setup makes the building functional for a wide range of commercial uses including restaurant, retail, office, service, or hospitality. Its downtown location puts it close to shopping, dining, Bathhouse Row, Oaklawn, and close to the new hotel currently being built on Central Avenue. Properties in downtown Hot Springs with this amount of square footage, onsite parking, and versatile commercial space do not come available often. This is a rare chance to own a well-positioned building in one of the city’s most active areas. No furnishings or appliances convey with sale.