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The Island on Lake Hamilton 136 Butler Ln 5,940 SF Retail Building Hot Springs, AR 71913 $3,500,000 ($589.23/SF)
Investment Highlights
- Approved Entergy permit.
- Convenience store with stand-up coolers.
- New Approved Permit with approx. 2 Docks / 26 slips.
- Fuel dock, sixteen (16) slips existing.
- Shop / Maintenance Area.
- Newly Permitted 10 boat rentals and Newly Permitted 8' wide boardwalk over the water around perimeter of The Island.
Executive Summary
This has been a high-end restaurant and a high-end marina, sales, and convenience store. Sales of fuel, 180,000 gallons. Bathrooms, sales office, and the “Love Shack.” Indoor bathrooms, a comfortable livable unit (“Love Shack”), and a sales office make this property both functional and flexible. Experience Hot Springs’ best sunsets — perfect for after-work relaxation or lakeside events. Host events, attract boaters, and become a landmark on Lake Hamilton! This is $11,500/monthly, triple net. This does not include the shop, attic space, or the love shack/cabin but can be made available for additional cost per month. It includes convenience stores, sales office/separate building, fuel dock, parking lot. Permits were just issued for the 10 boat rentals and the additional 26 stalls. These have not been built yet and are not part of the monthly lease.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Building Size
5,940 SF
Building Class
B
Year Built/Renovated
1995/2018
Price
$3,500,000
Price Per SF
$589.23
Tenancy
Single
Building Height
1 Story
Building FAR
0.16
Lot Size
0.83 AC
Amenities
- Air Conditioning
Space Availability
- Space
- Size
- Space Use
- Position
- Available
- 1st Floor
- 420 SF
- Retail
- -
- Now
- 1st Floor
- 5,000 SF
- Retail
- -
- Now
- 1st Floor
- 520 SF
- Retail
- -
- Now
| Space | Size | Space Use | Position | Available |
| 1st Floor | 420 SF | Retail | - | Now |
| 1st Floor | 5,000 SF | Retail | - | Now |
| 1st Floor | 520 SF | Retail | - | Now |
1st Floor
| Size |
| 420 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 5,000 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
1st Floor
| Size |
| 520 SF |
| Space Use |
| Retail |
| Position |
| - |
| Available |
| Now |
Somewhat walkable
20/100
Very drivable
80/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 100-14730-000 | Improvements Assessment | $66,880 |
| Land Assessment | $237,000 | Total Assessment | $303,880 |
Property Taxes
Parcel Number
100-14730-000
Land Assessment
$237,000
Improvements Assessment
$66,880
Total Assessment
$303,880
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The Island on Lake Hamilton | 136 Butler Ln
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