1348 Central Ave, Hot Springs, AR, 71901
About This Home
PRICED TO SELL! Prime Commercial Property for Sale in Hot Springs, AR. Perfect for residential, business or BOTH! Live and work from home! Located in a high traffic area between the historic Bathhouse Row and Oaklawn Racing & Gaming, this exceptional commercial property offers unbeatable visibility and exposure. Situated on a corner lot with 100 feet of frontage along Central Ave, this double lot boasts a asphalt parking lot for convenience and ample space for your business needs .Zoned C-G, this property offers a versatile space perfect for a studio, office, or home-based business. The building features an open floorplan with high ceilings, providing a bright, airy atmosphere ideal for creative or professional use. With a high traffic count and prime location, this property is positioned to attract both local and tourist foot traffic, making it an ideal investment opportunity. Don’t miss out on this rare opportunity to own a piece of Hot Springs' thriving commercial landscape. Seller has an active AR real estate license. Selling as is.
Getting Around
Very Walkable
Very Limited Transit
Somewhat BikeableSchools
Construction
Condition
- Year built: 1939
Materials
- Foundation: Crawl Space
- Roof: Metal
- Construction materials: Frame
Type & Style
- Home type: SingleFamily
- Architectural style: Craftsman
- Property subType: Single Family Residence
Interior
Appliances
- Appliances included: None
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 1
- Full bathrooms: 1
Dining Room
- Features: Living/Dining Combo
Features
- Sheet Rock,Paneling,Plaster,Primary Bedroom/Main Lv
- Flooring: Wood
- Fireplace features: None
Heating & Cooling
- Heating features: Natural Gas
- Cooling features: Electric
Interior Area
- Total structure area: 1,864
- Total interior livable area: 1,864 sqft
Property
Details
- Parcel number: 40014350013000
Features
- Levels: One
- Stories: 1
- Patio & porch: Porch
Lot
- Lot size: 0.30 Acres
- Features: Sloped,Level,Corner Lot,Near Bus Stop
Parking
- Parking features: Parking Pad,Other
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Ice Storm
- Lightning
- Strong Wind
- Tornado
- Winter Weather
- Earthquake
- Hail
- Heat Wave
How This Home’s Risks Compare
FEMA Declared Disasters Across Arkansas Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $694 | $8,328 |
| Home Insurance | $104 | $1,248 |
| Property Taxes | $54 | $648 |
| Electricity | $134 | $1,619 |
| Total | $986 | $11,832 |
Income You'd Need if You Spent...
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
No zestimate history available
Price History
| Date | Event | Price |
|---|---|---|
| 2026-05-08 | Contingent | $137,400 |
| 2026-05-06 | Listed for sale | $137,400 |
| 2026-04-23 | Listing removed | $137,400 |
| 2026-03-30 | Price change | $137,400 |
| 2026-01-20 | Price change | $127,400 |
| 2025-10-06 | Price change | $127,900 |
| 2025-09-05 | Price change | $128,900 |
| 2025-03-27 | Price change | $129,900 |
| 2025-02-11 | Listed for sale | $159,900 |
| 2025-01-17 | Listing removed | $159,000 |
| 2024-10-07 | Price change | $159,000 |
| 2024-07-23 | Price change | $139,500 |
| 2024-07-15 | Price change | $146,500 |
| 2024-06-21 | Price change | $149,900 |
| 2024-05-22 | Listed for sale | $159,900 |
| 2023-10-20 | Listing removed | $179,900 |
| 2023-08-21 | Price change | $179,900 |
| 2023-07-24 | Price change | $184,900 |
| 2023-06-25 | Listed for sale | $189,900 |
| 2008-02-19 | Sold | $125,000 |
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