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Listed price in listed location currency (USD).
$1,500,000

000

MLS® 25040769

  • Key Facts
  • Description
  • Map

Key Facts

Type Other
Levels Commercial Sale
Size 8534 sqft
Garage No
HOA Fees 
Taxes $3,400
Days Active 58
Approx. Age 1907
Avg. Price Per Sqft $175
MLS® Number 25040769

Property Address: 348 Central Ave, Hot Springs, AR, 71901-3568

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

Description

Prime Investment Opportunity in the Heart of Historic Downtown Hot Springs! Own a remarkable piece of Hot Springs history with this iconic downtown landmark—next door to The Waters Hotel, overlooking Bathhouse Row and steps away from the Arlington Hotel. Boasting 8, 534 square feet of architectural charm, this building is perfectly positioned to capture the year-round energy and tourism of the National Park District. The main level features 4, 200 square feet of prime retail space, complete with expansive display windows and a long-term tenant already secured with a three-year lease—making this an immediate income producer! Upstairs, you’ll find another 4, 200 square feet of untapped potential—a blank canvas brimming with possibilities. Imagine transforming this open space with its soaring ceilings, original hardwood floors, and stunning skylight into upscale Airbnb suites, luxury condos, creative workspaces, or an event venue that showcases the best of Hot Springs living. With its unbeatable location, history, and built-in cash flow, this property offers a rare chance to invest where tourism, charm, and opportunity converge.
MLS® Number25040769
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1907
Stories
Pets

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

Heat
A/C
Heating Fuel

Extras

Building, Land

Similar Listings

Price History

-End Date
Not Sold YetSold Price

For Sale

Oct 10, 2025List Date
$1,500,000List Price
  • Commute

Commute

Starting Address
Destination Address
348 Central Ave, Hot Springs, AR

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