260 Central Avenue, Hot Springs, AR 71901
Local realty services provided by:CENTURY 21 United
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 building in downtown of this magnitude. Most all downtown buildings have sold, are redeveloped, being held for future plans or are in process of remodel.256, 258, 260, 262 & 264 Central Avenue,HS,AR 71901
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Home facts
- Year built:1895
- Listing ID #:24043925
- Added:377 day(s) ago
- Updated:December 21, 2025 at 03:30 PM
Rooms and interior
- Bedrooms:80
- Total bathrooms:84
- Full bathrooms:80
- Half bathrooms:4
- 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
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)
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