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USAARHot SpringsHot Springs Reservation260 Central Ave
260 Central Ave, Home with 0 bedrooms, 0 bathrooms and null parking in Hot Springs AR | Image 1
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$2,750,000

260 Central Ave, Hot Springs, AR

Real Estate

For Sale

$--,---,---
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  • Key Facts
  • Description
  • Map

Key Facts

Type Building and Land
Levels Commercial Sale
Size 48632 sqft
Garage No
Maintenance Fees 
Taxes $9,742
Days Active 191
Approx. Age 1895
Avg. Price Per Sqft $56
MLS® Number 24043942

Property Address: 

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

Description

Federal & State Historic Tax Credit approved. Ground level is in the Highest foot traffic with 4 retail tenants producing long term rental income and the lobby for upstairs. 80 +/- units on floors 2-5 for redevelopment opportunity in the heart of downtown Hot Springs National Park, Arkansas just across from the thermal springs that made it famous. Street level retail is nicely updated and fire sprinkled. Upper floors with incredible Carrera Marble, common hallways with original pristine Mosaic tile floors, vast National Park mountain views with lush greenery, adjacent architecture sights and on South facing side views as far as the eye can see. Every unit has high ceilings, sensible floor plan opportunity + several original bathrooms in tact. There is an elevator shaft and original elevator car. There are 2 skylights, one is stained leaded glass. Preservation work such as retail spaces remodeled to current code, debris removal, some basement work and TPO Membrane roofing. The last building in downtown of this magnitude. Most all downtown buildings have sold, are redeveloped, being held for future plans or are in process of remodel.256, 258, 260, 262 & 264 Central Avenue, HS, AR 71901Show Description
MLS® Number24043942
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
ExteriorPole Sign, Door Sign
GarageNo
Approx. Age1895
Stories
Pets
Corp Number

Included in Maintenance Fee

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

Utilities

HeatCentral Heat-Electric
A/CCentral Cool-Electric
Heating Fuel

Extras

Real Estate

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