Mixed-Use Land for Sale in Hot Springs, Arkansas
Central Ave, Hot Springs, AR 71913
Welcome to an exceptional commercial opportunity located just south of the city limits on Central Avenue (Highway 7 South). This property stretches between the Lake Hamilton bridge and Highway 290, strategically positioned to benefit from a significant highway expansion project, currently under construction, destined to enhance its marketability. Surrounded by a vibrant commercial landscape, this property is in the company of a neighborhood strip center, restaurants, office buildings, a convenience store, Harp's food store, lakefront residential condominiums, a newly developed subdivision and vacant land tracts ready for development. The diversity of neighboring businesses offers potential synergy and ample opportunities for various enterprises. All essential city utilities and services, including water, sewer, electricity, gas, storm sewer, telephone, and garbage removal, are readily accessible, ensuring a seamless transition for your commercial venture. Ingress and egress are facilitated via Central Avenue, doubling as State Highway 7, ensuring excellent connectivity to the city and surrounding areas.
Location
- Street address
- Central Ave
- County
- Garland County
- Community
- Metes & Bounds
- Elevation
- 404 feet
Directions
From HSBOR, Turn right onto Central Ave, Turn right onto Higdon Ferry Rd, Turn left onto Highway 290. Property is on the left (corner of 7 South and HWY 290).
Property details
- Acreage
- 2.37 acres
- MLS #
- CARMLS 23034340
- Posted
Property taxes
- Recent
- $821
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| Oct 10, 2024 | Price drop | $545,000 | $5,500 -1% | CARMLS |
| Jan 20, 2024 | Price drop | $550,500 | $35,000 -6% | CARMLS |
| Oct 26, 2023 | New listing | $585,500 | — | CARMLS |