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About This Home
This 2-bedroom, 7-bathroom single family at 1010 CENTRAL Avenue in Hot Springs, AR is listed for $1,900,000 ($86 per sqft). Built in 1945, the home offers 22,083 sqft of living space on a 0.24 acres lot.
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.
Key Features
- Built in 1945
- 0.24 acre lot
- 2 stories
- 4 parking spaces
Property Details
Amenities
Monthly Cost Estimate
$10,162/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1010 CENTRAL Avenue
Hot Springs, AR 71901
HSR BLK 105
Features & Amenities
Interior Features
Exterior Features
Property Details
Flooring
Construction
Views
Parking
Heating
Cooling
Appliances
Questions & Answers
This 2-bedroom, 7-bathroom single family at 1010 CENTRAL Avenue is listed at $1,900,000 ($86/sqft). The estimated monthly payment is $8,233 based on 20% down at 6.5% interest.
Key features include: Built in 1945, 0.24 acre lot, 2 stories, 4 parking spaces. Interior Features: Extra Insulation, Wet Bar, Dry Bar. Exterior Features: Guttering.
This property is listed by Chris Rix and can be reached at 5012051900 or chris@rixestate.com.
