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835 Central Ave 70,310 SF 63% Leased Office Building Hot Springs, AR 71901 $5,495,000 ($78.15/SF)
Investment Highlights
- Located at the prominent entrance to historic downtown Hot Springs, adjacent to major cultural and tourism destinations.
- Offers frontage along three roads, ensuring maximum exposure to high traffic volumes on Hwy 7 and Central Avenue.
- Zoned for commercial business with flexible redevelopment potential for office, condos, or hotel use.
- Features a two-story parking structure with approximately 180 spaces, along with additional street parking.
- Positioned across from the Hot Springs Convention Center and steps from Bathhouse Row and retail corridors.
- Designated within a federally recognized Opportunity Zone, enabling investors to leverage preferential tax treatment.
Executive Summary
downtown Hot Springs. The former Regions Bank main branch is
situated at the gateway to historic downtown Hot Springs, walking
distance to the convention center, City Hall, Bathhouse Row and
some of the best dining and shopping in the area and within a
mile of the county courthouse. The five-story building features
a large parking deck with both covered and open parking and
street-level access on the first floor via Broadway Street and the
second floor via Central Avenue. Both free and metered parking is
also available on Broadway and the area features approximately
18,000 vehicles per day along Central Ave. Many of the offices
within the building boast great downtown views and the skybridge
crossing Broadway Ave. offers great views and natural lighting.
Property Facts
Amenities
- Natural Light
- Air Conditioning
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease Type
- Lease End
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- Manufacturing
- -
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$9.99
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Lorem Ipsum
- -
Elevator Safety Inspection Services began in the 1990s with a small team serving Arkansas and later expanded into a broader regional inspection business. The company focuses on elevator inspections, witness testing, and related compliance work, with reports submitted to state labor departments for certificate-of-operation processing. Service coverage extends across multiple southern and central states, while the business does not perform residential elevator inspections or elevator maintenance. Elevator Safety Inspection Services is part of the VDA family, adding broader resources while continuing its inspection work.
| Tenant | Industry | SF Occupied | Rent/SF | Lease Type | Lease End | |
|
|
Manufacturing | - | $9.99 | Lorem Ipsum | - |
Space Availability
- Space
- Size
- Space Use
- Build-Out
- Available
Suites from 200 SF to 14,000 SF Full Service Covered parking deck Frontage on Hwy 7, Market St. & Broadway Ave. Located at the Gateway to Historic Downtown Across Street from Convention Center Zoned CBD - Central Business District Fiber Optic Internet Available
Suites from 200 SF to 14,000 SF Full Service Covered parking deck Frontage on Hwy 7, Market St. & Broadway Ave. Located at the Gateway to Historic Downtown Across Street from Convention Center Zoned CBD - Central Business District Fiber Optic Internet Available
| Space | Size | Space Use | Build-Out | Available |
| 2nd Floor | 200-14,000 SF | Office | - | Now |
| 3rd Floor | 200-12,000 SF | Office | - | Now |
2nd Floor
| Size |
| 200-14,000 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
3rd Floor
| Size |
| 200-12,000 SF |
| Space Use |
| Office |
| Build-Out |
| - |
| Available |
| Now |
2nd Floor
| Size | 200-14,000 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Suites from 200 SF to 14,000 SF Full Service Covered parking deck Frontage on Hwy 7, Market St. & Broadway Ave. Located at the Gateway to Historic Downtown Across Street from Convention Center Zoned CBD - Central Business District Fiber Optic Internet Available
3rd Floor
| Size | 200-12,000 SF |
| Space Use | Office |
| Build-Out | - |
| Available | Now |
Suites from 200 SF to 14,000 SF Full Service Covered parking deck Frontage on Hwy 7, Market St. & Broadway Ave. Located at the Gateway to Historic Downtown Across Street from Convention Center Zoned CBD - Central Business District Fiber Optic Internet Available
