About This Home

This 0-bedroom, 0-bathroom commercial at 1010 CENTRAL Avenue in Hot Springs, AR is listed for $2,150,000 ($97 per sqft). Built in 1945, the home offers 22,083 sqft of living space on a N/A lot.

Key Features

  • Built in 1945
  • 2 stories

Property Details

2 stories
1945

Amenities

Solar
Listing Description

Heart of city & entry block to Downtown area with 22,000sqf of space. Concrete & Steel construction, Not in flood zone. Building could be used in many different ways with CBD/C1 zoning. 11' ceilings. Retail, museum, restaurant, office and more. Residence top floor, vacation rental or see the plans for 9 rental loft apartments.

Newer roof(60mil TPO) with decking insulation, fiber optic wifi, Newer HVAC, commercial kitchen with grease trap, electrical & plumbing upgrades, emergency exit signage & lighting, new garage door opener, plumbed bars, paint and more. Garage can park 11 vehicles easily.

2nd story kitchen area has 10' commercial vent hood & plumbing updates. 2nd floor has indoor ramp from street level as well as stairs for access. Building is on city parade route. The roof has some of the best downtown & mountain views-would host a great rooftop deck & still have room for solar panels.

Upstairs & Downstairs are metered separately. Ample parking surrounds. Located just 2 blocks South of historic district boundary regulation and parking struggle but high foot traffic & vehicle count with several new adjacent businesses. Could be purchased with neighboring building which is 9000+sqf. Commercial/Residential is likely highest & best use but many options are available for this space.

Monthly Cost Estimate

$11,499/mo

20% down · 6.5% · 30 years

Principal$1,555
Interest$9,317
Insurance$627

Estimates only. Actual payments may vary.

Location

1010 CENTRAL Avenue

Hot Springs, AR 71901

HSR BLK 105

Features & Amenities

Interior Features

Public RestroomsDisplay WindowHandicapped DesignCeiling Height (Remarks)

Exterior Features

Partially FencedPole SignDoor Sign

Questions & Answers

This 0-bedroom, 0-bathroom commercial at 1010 CENTRAL Avenue is listed at $2,150,000 ($97/sqft). The estimated monthly payment is $11,499 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1945, 2 stories. Interior Features: Public Restrooms, Display Window, Handicapped Design. Exterior Features: Partially Fenced, Pole Sign, Door Sign.

This property is listed by Chris Rix.

CR

Chris Rix

Agent at RIX REALTY - ADVANTAGE TEAM REALTORS

Listed by RIX REALTY - ADVANTAGE TEAM REALTORS · Broker phone: (501) 627-4075 · Broker website

MLS# 151843· Source: Hot Springs Board of Realtors· 6 days on PropertySimple

Copyright © 2026 Hot Springs Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

1010 CENTRAL Avenue, Hot Springs, AR 71901

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