$2,150,000

1010 Central Avenue, Hot Springs, AR 71901

  • 2 beds |
  • 7 baths |
  • 22,083 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1945
  • Property Lot Size Icon10,454sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $97/sqft
  • Property List Date Icon Listed 10 months ago

Property 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 & parking struggle but high foot traffic & vehicle count with several new adjacent businesses. Could be purchased w/ neighboring building which is 9000sqf.

Listing Status:
Active
Date Added:
July 23, 2025
Data Last Updated:
May 20, 2026 at 5:10AM
Listing Office:
Rix Realty Advantage Team Realtors : 501-205-1900
Listing Agent:
Christopher Rix : 501-627-4075
MLS ID:
25029152
  • General: Dry BarWasher ConnectionDryer Connection-ElectricWater Heater-GasWindow TreatmentsWalk-In Closet(s)Handicapped DesignWalk-in ShowerBreakfast BarWireless Access PointVideo Surveillance
  • Rooms: Great RoomDen/Family RoomOffice/StudyGame RoomWorkshop/CraftBonus RoomUnfinished SpaceLaundrySafe/Storm Room
  • Kitchen: Free-Standing StoveGas RangeDishwasherIndoor GrillRefrigerator-StaysIce Maker ConnectionConvection Oven
  • Dining: Separate Dining RoomEat-In KitchenSeparate Breakfast RmLiving/Dining ComboBreakfast Bar
  • Basement: None
  • Flooring: VinylTileConcrete
  • A/C: Central Cool-ElectricCentral Heat-GasCentral Heat-ElectricSpace Heater-GasZoned UnitsMini Split
  • Heating: Central Cool-ElectricCentral Heat-GasCentral Heat-ElectricSpace Heater-GasZoned UnitsMini Split
  • Fireplace: None
  • Eco/Green Feature: Tankless Water Heater
  • General: BrickGutteringIron FenceVideo Surveillance
  • Style: Other (see remarks)
  • Parking: GarageAuto Door OpenerSix Car or More
  • Roofing: Other (see remarks)Flat
  • General: Two StorySlab
  • Road/Access: Paved
  • HOA Amenities: 0.0
  • County: Garland
  • Utilities: Sewer-PublicWater-PublicElec-Municipal (+Entergy)Gas-NaturalAll Underground

This listing courtesy of Christopher Rix , Rix Realty Advantage Team Realtors

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location