Remarks

This historic property, located at 454 Broadway Street and 208 & 214 West Grand Avenue in Hot Springs, Arkansas, offers over 8,000 square feet of versatile commercial space on just over one acre of land. Built in 1939, the main two-story building exudes timeless charm with original cut redwood construction and expansive interiors that are ideal for a range of uses, including boutique hotel, retail, office, or entertainment venues. Zoned C1 and situated within a Federal Opportunity Zone, the site provides significant investment advantages. The property boasts a combined 620 feet of road frontage, including an impressive 307 feet along high-traffic Grand Avenue, which sees approximately 20,000 vehicles per day—ensuring maximum visibility and accessibility. Located just steps from major hotel chains and the vibrant downtown district, this site is strategically positioned in one of Hot Springs' most desirable and high-demand development corridors. Whether you’re a developer or investor, this is a rare opportunity to revitalize a landmark building in a prime, high-exposure location. Great Owner Finance Opportunity!

Details

MLS#: 25017660
Price: $1,450,000

Style: Building and Land
Sq Ft: 9000
Year Built: 1939

County: Garland
Lot Size: 1 Acre MOL
Tax Fee: 4288