USAARHot SpringsHsr Blk348 Central Ave
Listing image | Image 1

348 Central Ave, Hot Springs, AR

House

For Sale

Listed price in listed location currency (USD).
$1,395,000

000

MLS® 156127

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Commercial Sale
Size 8458 sqft
Garage 
Taxes $3,355
Days Active 0
Lot Size 
Approx. Age 1907
Avg. Price Per Sqft $164
MLS® Number 156127

Property Address: 348 Central Ave, Hot Springs, AR, 71901-3568

Average square foot calculated using Size range provided by listing agent.

Description

Own a landmark property in the heart of Historic Downtown Hot Springs and capitalize on one of Arkansas’ most visited tourism destinations. Ideally positioned adjacent to The Waters Hotel and just steps from Bathhouse Row, this impressive income-producing property offers exceptional visibility, character, and long-term investment potential. Featuring approximately 8, 400 square feet, the building includes approximately 4, 000 square feet of street-level commercial space with expansive display windows and outstanding pedestrian exposure along Central Avenue. The upper level offers an additional 4, 000 square feet and presents a unique redevelopment opportunity for a variety of uses. The second floor showcases original hardwood floors, soaring ceilings, a vaulted skylight, and stunning views overlooking Bathhouse Row and the iconic Arlington Hotel. Rich in architectural character and historic charm, the space provides the perfect setting for boutique hospitality, executive offices, creative workspaces, event venues, luxury residential living, or a mixed-use investment concept. Located in the center of the vibrant downtown district, surrounded by restaurants, shopping, entertainment, and year-round tourism, this property offers investors the opportunity to preserve a piece of Hot Springs history while creating a dynamic asset for the future. Whether expanding an investment portfolio or developing a signature downtown project, this exceptional property delivers location, character, and unlimited potential in the heart of the Spa City.
MLS® Number156127
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1907
Basement
Driveway
Garage Spaces
Heat
A/C

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Jun 26, 2026List Date
$1,395,000List Price
  • Commute

Commute

Starting Address
Destination Address
348 Central Ave, Hot Springs, AR

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