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Improved Commercial Land for Sale in Hot Springs, Arkansas

4431 Park Ave, Hot Springs, AR 71901

$299,000
2.53 acres
Active
$36k drop
Est $1,593/mo

Fantastic location, located a stone's throw from new roundabout that will connect the new MLK Expressway to hot Springs Village. Restaurant with lots of parking and frontage on .43 acres, home on 1.69 acres and lot on .41 acres, all connecting. 4 septic tanks, 1 each for home and lot, 2 for restaurant (1 for grey water, 1 for waste). Home needs LOTS of work. Sold As-Is, with all restaurant equipment and furnishings conveying with purchase.

3,836
Sq feet
1972
Built

Location

Street address
4431 Park Ave
Community
Evelyns Fountain Lake
Elevation
574 feet
Coordinates
34.5768, -92.9848

Directions

From downtown Hot Springs, take Park Avenue North to subject. Signage in front flower bed and on front door.

Property details

Acreage
2.53 acres
MLS #
CARMLS 22007098
Posted

Property taxes

Recent
$1,540

Details and features

Listing

Type
Commercial Sale

Exterior

Parking Spaces
20

Structure

Style
New Traditional
Stories
1
Heating
Central, Electric
Cooling
Central Air
Materials
Brick, Vinyl Siding
Roof
Composition

Interior

Flooring
Carpet, Concrete, Partial Carpet, Vinyl

Listing history

DateEventPriceChangeSource
Oct 16, 2025Price drop$299,000$36,000 -10.7%CARMLS
Apr 14, 2025New listing$335,000CARMLS
Mar 4, 2025Listing removed$335,000Listing agent
Sept 20, 2024Relisted$335,000CARMLS
Sept 9, 2024Listing removed$335,000Listing agent
June 13, 2024Price drop$335,000$64,000 -16%CARMLS
Aug 23, 2022Price drop$399,000$51,000 -11.3%CARMLS
June 19, 2022New listing$450,000CARMLS
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This 2.53-acre property is located at 4431 Park Ave in Hot Springs, AR 71901. The property is available for sale for $299,000. It has a 3,836 sq ft structure built in 1972.

Checked 1 hour ago — Updated

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