500 Ouachita Avenue, Hot Springs, AR 71901 For Sale

Offering & Price: For Sale | $4,500,000

Address 500 Ouachita Ave, Hot Springs, AR 71901

Opportunity Zone Yes

Property Type: Multi-Tenant Office/Retail

Zoning: C-2

Building & Lot Size: ±43,204 SF | ±1.7 Acres

Stories & Typical Floor Size: 2 | ±28,025 SF

Year Built/Renovated: 1920/2012/2026

Parking: 100 Surface Spaces

±43,204 SF mixed-use office/retail building on ±1.7 acres in downtown Hot Springs with flexible space for retail, office, or restaurant users

National Historic Registered property featuring high ceilings, natural skylights, and a charming landscaped courtyard and pavilion entrance

Over $3 million in recent renovations, including technologically advanced systems and full audio/video security infrastructure

Excellent visibility with ±463 feet of frontage on Ouachita Avenue at a signalized intersection near the Garland County Courthouse

Ample parking with 100 surface spaces, supplemented by on-street parking along Ouachita Avenue and Hawthorne Street

Established tenant mix including The Willow Salon, Wrapped Gift Boutique, Signature Events, Arkansas Hospice, Arkansas Care Solutions, Tri-Lakes CASA, Thomas Smith Law, Arkansas LiveScan, Culinary District, and Taco Mama, with remaining suites available for build-to-suit

Zoned C-2 (Highway Commercial), allowing for a wide range of office, retail, restaurant, and service-oriented uses

Located in a premier tourism market attracting 3+ million visitors annually, near Hot Springs National Park, Oaklawn Racing Casino Resort, and a vibrant downtown arts and entertainment district