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260 Central Avenue, Hot Springs, AR 71901

Hot Springs
Local realty services provided by:CENTURY 21 PORTFOLIO
260 Central Avenue,Hot Springs, AR 71901
$2,750,000
  • 80 Beds
  • 84 Baths
  • 48,632 sq. ft.
  • Condominium
  • Active
Listed by: christopher rix
Office: rix realty advantage team realtors
MLS#:24043925
Source:AR_CARMLS

Price summary

  • Price:$2,750,000
  • Price per sq. ft.:$56.55

About this home

Federal & State Historic Tax Credit approved. Ground level is in the Highest foot traffic with 4 retail tenants producing long term rental income and the lobby for upstairs. 80 +/- units on floors 2-5 for redevelopment opportunity in the heart of downtown Hot Springs National Park, Arkansas just across from the thermal springs that made it famous. Street level retail is nicely updated and fire sprinkled. Upper floors with incredible Carrera Marble, common hallways with original pristine Mosaic tile floors, vast National Park mountain views with lush greenery, adjacent architecture sights and on South facing side views as far as the eye can see. Every unit has high ceilings, sensible floor plan opportunity + several original bathrooms in tact. There is an elevator shaft and original elevator car. There are 2 skylights, one is stained leaded glass. Preservation work such as retail spaces remodeled to current code, debris removal, some basement work and TPO Membrane roofing. The last...

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Home facts

  • Year built:1895
  • Listing ID #:24043925
  • Added:461 day(s) ago
  • Updated:March 14, 2026 at 02:34 PM

Rooms and interior

  • Bedrooms:80
  • Total bathrooms:84
  • Full bathrooms:80
  • Half bathrooms:4
  • Flooring:Concrete, Natural Stone Tile, Tile, Wood
  • Basement Description:Full, Inside Access, Outside Access/Walk-Out, Sump Pump, Unfinished
  • Living area:48,632 sq. ft.

Heating and cooling

  • Cooling:Central Cool-Electric
  • Heating:Central Heat-Electric

Structure and exterior

  • Roof:Rolled
  • Year built:1895
  • Building area:48,632 sq. ft.
  • Lot area:0.38 Acres
  • Lot Features:Resort Property
  • Architectural Style:Traditional
  • Construction Materials:Brick
  • Foundation Description:Slab

Utilities

  • Water:Water-Public
  • Sewer:Sewer-Public

Finances and disclosures

  • Price:$2,750,000
  • Price per sq. ft.:$56.55
  • Tax amount:$9,742 (2023)

Features and amenities

  • Amenities:Plaster

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