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835 Central Ave
Hot Springs, AR 71901
Office Property For Sale

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INVESTMENT HIGHLIGHTS

  • Ample parking
  • Many offices offer scenic views of the surrounding city and Hot Springs National Park
  • Close proximity to municipal, cultural, and economic amenities

EXECUTIVE SUMMARY

835 Central Ave in downtown Hot Springs offers an exceptional office investment opportunity in the heart of the city. The former Regions Bank building boasts a prominent location at the gateway to historic downtown, walking distance to major attractions like Bathhouse Row, the convention center, and an array of shopping and dining options. The 70,310 square foot, five-story office building features a large two-story parking deck with approximately 180 spaces, plus ample street parking and roughly 18,000 vehicles per day along Central Avenue. Many of the building's office spaces provide impressive downtown views further enhanced by the skybridge crossing Broadway. This versatile commercial asset presents an appealing option for investors seeking a stake in one of Hot Springs most prominent properties.

PROPERTY FACTS

Sale Type
Investment
Property Type
Office
Building Size
70,310 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1974
Price
$7,568,319 CAD
Price Per SF
$107.64 CAD
Percent Leased
80%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
14,062 SF
Slab To Slab
10’
Building FAR
0.94
Lot Size
1.72 AC
Opportunity Zone
Yes
Zoning
C-1
Parking
175 Spaces (2.49 Spaces per 1,000 SF Leased)

AMENITIES

  • Natural Light
  • Air Conditioning
  • Listing ID: 31612535

  • Date on Market: 2024-04-25

  • Last Updated:

  • Address: 835 Central Ave, Hot Springs, AR 71901

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