500 Ouachita Ave - Storefront Retail/Office FOR SALE


Hot Springs National Park, AR 71901
$4,500,000 USD
501-376-6555
500 Ouachita Ave, Hot Springs National Park, AR for Sale
$4,500,000 USD
Storefront Retail/Office - FOR SALE
1/48
null | Request Cap Rate

500 Ouachita Ave
Hot Springs National Park, AR 71901


HIGHLIGHTS

  • ±43,204 SF mixed-use office/retail building on ±1.7 acres in downtown Hot Springs
  • National Historic Registered property featuring high ceilings, natural skylights, and a charming landscaped courtyard and pavilion entrance
  • Over $3 million in recent renovations, including technologically advanced systems and full audio/video security infrastructure
  • Excellent visibility with ±463 feet of frontage on Ouachita Avenue at a signalized intersection near the Garland County Courthouse
  • Ample parking with 100 surface spaces, supplemented by on-street parking along Ouachita Avenue and Hawthorne Street
  • Zoned C-2 (Highway Commercial) allowing for a wide range of office, retail, restaurant, and service-oriented uses

OVERVIEW

Offering & Price: For Sale | $4,500,000 Address 500 Ouachita Ave, Hot Springs, AR 71901 Opportunity Zone Yes Property Type: Multi-Tenant Office/Retail Zoning: C-2 Building & Lot Size: ±43,204 SF | ±1.7 Acres Stories & Typical Floor Size: 2 | ±28,025 SF Year Built/Renovated: 1920/2012/2026 Parking: 100 Surface Spaces ±43,204 SF mixed-use office/retail building on ±1.7 acres in downtown Hot Springs with flexible space for retail, office, or restaurant users National Historic Registered property featuring high ceilings, natural skylights, and a charming landscaped courtyard and pavilion entrance Over $3 million in recent renovations, including technologically advanced systems and full audio/video security infrastructure Excellent visibility with ±463 feet of frontage on Ouachita Avenue at a signalized intersection near the Garland County Courthouse Ample parking with 100 surface spaces, supplemented by on-street parking along Ouachita Avenue and Hawthorne Street Established tenant mix including The Willow Salon, Wrapped Gift Boutique, Signature Events, Arkansas Hospice, Arkansas Care Solutions, Tri-Lakes CASA, Thomas Smith Law, Arkansas LiveScan, Culinary District, and Taco Mama, with remaining suites available for build-to-suit Zoned C-2 (Highway Commercial), allowing for a wide range of office, retail, restaurant, and service-oriented uses Located in a premier tourism market attracting 3+ million visitors annually, near Hot Springs National Park, Oaklawn Racing Casino Resort, and a vibrant downtown arts and entertainment district

FOR SALE DETAILS

PRICE

$4,500,000 USD

PRICE/SF

$107 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

1920

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.07 AC

LAND SF

46,634 SF

ZONING

C-2

APN/PARCEL ID

400-34700-001-000C

ASK ABOUT THIS PROPERTY

Ridge FletcherMoses Tucker PartnersMore Info
501-376-6555

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Ridge FletcherMoses Tucker PartnersMore Info
501-376-6555

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.