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4263 Central Ave 4,832 SF Retail Building Hot Springs National Park, AR 71913 $2,500,000 ($517.38/SF)
Executive Summary
Located within a thriving hotel and restaurant development, this property benefits from a built-in customer base,surrounded by three established hotels that bring consistent traffic from visitors and travelers year-round. Theproperty presents an incredible value and opportunity. Following a recent kitchen fire, the owner is offering agenerous $500,000 allowance for the new owner to remodel the kitchen and restaurant space to fit their vision.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,832 SF
Building Class
C
Year Built
2005
Price
$2,500,000
Price Per SF
$517.38
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
4.44 AC
Parking
36 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
144’ on Central Ave
Amenities
- Courtyard
- Pylon Sign
- Signage
Space Availability
- Space
- Size
- Space Use
- Position
- Available
20 year lease with renewal options and 4 and 5 years
| Space | Size | Space Use | Position | Available |
| 1st Floor | 4,832 SF | Retail | In-Line | Now |
1st Floor
| Size |
| 4,832 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| Now |
1st Floor
| Size | 4,832 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | Now |
20 year lease with renewal options and 4 and 5 years
Fairly walkable
40/100
Exceptionally drivable
100/100
Not bikeable
10/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 300-08146-000C | Improvements Assessment | $1,907,400 |
| Land Assessment | $356,400 | Total Assessment | $2,263,800 |
Property Taxes
Parcel Number
300-08146-000C
Land Assessment
$356,400
Improvements Assessment
$1,907,400
Total Assessment
$2,263,800
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Presented by
Deborah Libby
4263 Central Ave
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