This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

Close
You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

963 characters remaining

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

We will automatically send your friend a one-time email inviting him or her to visit the site. LoopNet stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. View LoopNet's Privacy Policy

thank you

Your email has been sent!

835 Central Ave

70,310 SF 80% Leased 4-Star Office Building Hot Springs, AR 71901 $5,495,000 ($78/SF)

Office Space Arkansas Hot Springs 835 Central Ave, Hot Springs, AR 71901

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.

Attachments

835 Central Ave Teaser 2024

Property Facts

Sale Type
Investment
Property Type
Office
Building Size
70,310 SF
Building Class
A
LoopNet Rating
4 Star
Year Built
1974
Price
$5,495,000
Price Per SF
$78
Percent Leased
80%
Tenancy
Multiple
Building Height
5 Stories
Typical Floor Size
14,062 SF
Slab To Slab
10’
Building FAR
0.94
Land Acres
1.72 AC
Opportunity Zone
Yes
State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Zoning
C-1
Parking
175 Spaces (2.49 Spaces per 1,000 SF Leased)

Amenities

  • Natural Light
  • Air Conditioning

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 2nd Floor
  • 2,000-14,000 SF
  • Office
  • Partial Build-Out
  • Now

The Property is located at 835 Central Avenue, Hot Springs, Arkansas. This five-story office building has street level access on the 1st floor via Broadway Street and on the 2nd level facing Central Avenue. There is a large parking deck with covered and open free parking. There is free parking on Market Street and additional metered parking on Broadway. The building is located in the heart of historic downtown Hot Springs and is within walking distance to the Convention Center and City Hall and within a mile of the County Courthouse.

Space Size Space Use Condition Available
2nd Floor 2,000-14,000 SF Office Partial Build-Out Now

2nd Floor

Size
2,000-14,000 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

2nd Floor

Size 2,000-14,000 SF
Space Use Office
Condition Partial Build-Out
Available Now

The Property is located at 835 Central Avenue, Hot Springs, Arkansas. This five-story office building has street level access on the 1st floor via Broadway Street and on the 2nd level facing Central Avenue. There is a large parking deck with covered and open free parking. There is free parking on Market Street and additional metered parking on Broadway. The building is located in the heart of historic downtown Hot Springs and is within walking distance to the Convention Center and City Hall and within a mile of the County Courthouse.

1 of 1
Walk Score ®
Very Walkable (81)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®
Learn How It Works Detailed Scores
(501) 258-5500

  • Listing ID: 31612535

  • Date on Market: 4/25/2024

  • Last Updated:

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

The Office Property at 835 Central Ave, Hot Springs, AR 71901 is currently available For Sale. Contact Colliers | Arkansas for more information.

Nearby Listings

1 of 7
VIDEOS
3D TOUR
PHOTOS
STREET VIEW STREET
MAP

1/7
835 Central Ave, Hot Springs, AR for sale Building Photo- Image 1 of 7
still shot with flags
835 Central Ave, Hot Springs, AR for sale Building Photo- Image 2 of 7
still shot front
835 Central Ave, Hot Springs, AR for sale Building Photo- Image 3 of 7
still shot front 2
835 Central Ave, Hot Springs, AR for sale Building Photo- Image 4 of 7
south side
835 Central Ave, Hot Springs, AR for sale Building Photo- Image 5 of 7
north side with skybridge
835 Central Ave, Hot Springs, AR for sale Building Photo- Image 6 of 7
incoming shot

1 of 1

Connect with us

© 2024 CoStar Group

The LoopNet service and information provided therein, while believed to be accurate, are provided "as is". LoopNet disclaims any and all representations, warranties, or guarantees of any kind.

835 Central Ave
(501) 258-5500 x

835 Central Ave

1/2

Brian Gehrki

(501) 258-5500

(501) 258-5500

Karolyn Fankhouser

(501) 627-2141

(501) 627-2141

Already a member? Log In

First Name*

Last Name*

Please enter an email address.

Email*

Phone*

Ext (optional)

Company (optional)

Please leave a message.

Message*

{{messageTextLength}} out of 600

New to LoopNet? No problem. We'll automatically create a free account for you. By clicking the button, you agree to LoopNet's Terms of Use and Privacy Policy.

Hmm, there seems to have been an error sending your message. Please try again.

Thanks! Your message was sent.

Send another message

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}
You can provide feedback any time using the Help button at the top of the page.

Share Link