835 Central Ave - Office FOR SALE


Hot Springs, AR 71901
$5,495,000 USD
501-258-5500
835 Central Ave, Hot Springs, AR for Sale
$5,495,000 USD
Office - FOR SALE
1/6
null | Request Cap Rate

835 Central Ave
Hot Springs, AR 71901


HIGHLIGHTS

  • Ample parking
  • Close proximity to municipal, cultural, and economic amenities
  • Many offices offer scenic views of the surrounding city and Hot Springs National Park

OVERVIEW

835 Central Ave in downtown Hot Springs offers an exceptional office investment opportunity in the heart of the city. The former Regions Bank building boasts a prominent location at the gateway to historic downtown, walking distance to major attractions like Bathhouse Row, the convention center, and an array of shopping and dining options. The 70,310 square foot, five-story office building features a large two-story parking deck with approximately 180 spaces, plus ample street parking and roughly 18,000 vehicles per day along Central Avenue. Many of the building's office spaces provide impressive downtown views further enhanced by the skybridge crossing Broadway. This versatile commercial asset presents an appealing option for investors seeking a stake in one of Hot Springs most prominent properties.

FOR SALE DETAILS

PRICE

$5,495,000 USD

PRICE/SF

$78 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Office

TOTAL BUILDING SIZE

-

STORIES

5

BUILDING CLASS

A

YEAR BUILT

1974

SPRINKLERS

-

PARKING SPACES

175

LAND DETAILS

LAND ACRES

1.72 AC

LAND SF

74,923 SF

ZONING

C-1

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Brian GehrkiColliers | ArkansasMore Info
501-258-5500

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Brian GehrkiColliers | ArkansasMore Info
501-258-5500

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.