Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
2 Beds
7 Baths
22,083 sqft

$2,150,000

1010 Central Avenue, Hot Springs AR, 71901

Price per sqft$97.36
Built in1945
Property size22,083 sqft
Property typeResidential

Overview

Active

Listed Jul 23, 2025

Updated Jul 26

Heart of city & entry block to Downtown area with 22,000sqf of space. Concrete & Steel construction, Not in flood zone. Building could be used in many different ways with CBD/C1 zoning. 11' ceilings. Retail, museum, restaurant, office and more. Residence top floor, vacation rental or see the plans for 9 rental loft apartments. Newer roof(60mil TPO) with decking insulation, fiber optic wifi, Newer HVAC, commercial kitchen with grease trap, electrical & plumbing upgrades, emergency exit signage & lighting, new garage door opener, plumbed bars, paint and more. Garage can park 11 vehicles easily. 2nd story kitchen area has 10' commercial vent hood & plumbing updates. 2nd floor has indoor ramp from street level as well as stairs for access. Building is on city parade route. The roof has some of the best downtown & mountain views-would host a great rooftop deck & still have room for solar panels.Upstairs & Downstairs are metered separately.Ample parking surrounds.Located just 2 blocks South of historic district boundary regulation & parking struggle but high foot traffic & vehicle count with several new adjacent businesses. Could be purchased w/ neighboring building which is 9000sqf.

$14,304/mo

Est. mortgage payment based on a $2,150,000 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
25029152

Interior Features

Bedrooms
2
Bathrooms
7
Basement
No

Exterior Features

Lot Size
0.24 Acres

Other Property Details

Taxes
$3,530
Tax Frequency
Annually
Garage
Yes
Waterfront
Yes

Courtesy of Rix Realty Advantage Team Realtors, Christopher Rix

Listing Contact: 501-627-4075 

The data relating to real estate for sale on this website comes in part from the Broker ReciprocitySM Program of the Cooperative Arkansas REALTORS Multiple Listing Services. Real estate listings, held by brokerage firms other than Jeff Kennedy, are marked with the Broker ReciprocitySM logo, and information about them includes the name of the listing brokers. The IDX information is provided exclusively for consumers’ personal, non-commercial use that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.

The broker operating this web site believes the data here to be correct but advises interested parties to confirm them before relying on them in a purchase decision. Neither listing broker(s) nor Jeff Kennedy shall be responsible for any typographical errors, misinformation, misprints and shall be held totally harmless. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available.

©2026  Cooperative Arkansas REALTORS Multiple Listing Services. All rights reserved.

Data last updated 7/26/2026, 4:11 PM UTC.

Powered by Luxury Presence