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624 Malvern Ave 13,758 SF Vacant Office Building Hot Springs, AR 71901 $1,699,000 ($123.49/SF)

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INVESTMENT HIGHLIGHTS

  • Available for sale or lease
  • Within walking distance of city transit, the Hot Springs Convention Center and the Greenway Trail
  • Large parking lot and is handicap accessible
  • Located just north of Grand Avenue near the heart of downtown Hot Springs
  • Zoned: Industrial Mixed-Use
  • Co-tenants include Family Dollar & KED Plasma

EXECUTIVE SUMMARY

622-640 Malvern Avenue in Hot Springs, Arkansas is now available for sale and for lease with Colliers | Arkansas. This building offers mixed-use space and is within walking distance of city transit, the Hot Springs Convention Center and the Greenway Trail.

PROPERTY FACTS

Sale Type
Investment or Owner User
Property Type
Office
Building Size
13,758 SF
Building Class
B
Year Built
1965
Price
$1,699,000
Price Per SF
$123.49
Percent Leased
Vacant
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
13,758 SF
Building FAR
0.11
Lot Size
2.92 AC
Opportunity Zone
Yes
Zoning
C-2
Parking
100 Spaces (7.27 Spaces per 1,000 SF Leased)

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • CONDITION
  • AVAILABLE
  • 1st Fl-Ste 626
  • 1,600 SF
  • Office
  • -
  • Now
  • 1st Fl-Ste 628
  • 6,640 SF
  • Office
  • Partial Build-Out
  • Now
  • 1st Fl-Ste 634
  • 4,912 SF
  • Office
  • -
  • Now
Space Size Space Use Condition Available
1st Fl-Ste 626 1,600 SF Office - Now
1st Fl-Ste 628 6,640 SF Office Partial Build-Out Now
1st Fl-Ste 634 4,912 SF Office - Now

1st Fl-Ste 626

Size
1,600 SF
Space Use
Office
Condition
-
Available
Now

1st Fl-Ste 628

Size
6,640 SF
Space Use
Office
Condition
Partial Build-Out
Available
Now

1st Fl-Ste 634

Size
4,912 SF
Space Use
Office
Condition
-
Available
Now
Walk Score®
Very Walkable (75)
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.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
400-32350-006-000C
Land Assessment
$129,750
Improvements Assessment
$284,650
Total Assessment
$414,400
  • Listing ID: 35760150

  • Date on Market: 5/6/2025

  • Last Updated:

  • Address: 624 Malvern Ave, Hot Springs, AR 71901

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