700 Central Avenue, Hot Springs, AR 71901 For Sale

Corner Lot on Central Avenue – High-Visibility Investment in Historic Downtown Hot Springs

Situated at the prominent intersection of Central Avenue and Prospect Avenue, this large-scale commercial property offers immediate income and endless potential. Spanning more than 8,500 sq ft, the building provides ample space for retail, dining, entertainment, or redevelopment—right in the heart of Hot Springs.

✨ Property Highlights:

• ± 8,564 SqFt of versatile commercial space

• Prime corner frontage along bustling Central Avenue

• Same family ownership since 1901 – a true legacy property

• Flexible layout ideal for multiple business types or mixed-use concepts

• Exceptional visibility and steady pedestrian & vehicle traffic

• Located in the Opportunity Zone

• Potential eligibility for State, Federal, and Historic Tax Credits