#149524, Jenifer Abbott, Listing office: Coldwell Banker RPM Group-HS
1010 Central Ave Hot Springs, AR 71901
Property details
About 1010 Central Ave
Heart of city & entry block to Downtown area with 22,000sqf of space. Concrete & Steel construction, Not in flood zone. Building could be used in many different ways with CBD/C1 zoning. 11' ceilings. Retail, museum, restaurant, office and more. Residence top floor, vacation rental or see the plans for 9 rental loft apartments. Newer roof(60mil TPO) with decking insulation, fiber optic wifi, Newer HVAC, commercial kitchen with grease trap, electrical & plumbing upgrades, emergency exit signage & lighting, new garage door opener, plumbed bars, paint and more. Garage can park 11 vehicles easily. 2nd story kitchen area has 10' commercial vent hood & plumbing updates. 2nd floor has indoor ramp from street level as well as stairs for access. Building is on city parade route. The roof has some of the best downtown & mountain views-would host a great rooftop deck & still have room for solar panels. Upstairs & Downstairs are metered separately. Ample parking surrounds. Located just 2 blocks South of historic district boundary regulation and parking struggle but high foot traffic & vehicle count with several new adjacent businesses. Could be purchased with neighboring building which is 9000+sqf. Commercial/Residential is likely highest & best use but many options are available for this space.
Highlights
(ACTIVE)
Summary
- Partial Bathrooms: 5
- Full Bathrooms: 2
- Appliances: Gas Water Heater, Dishwasher, Cooktop, Gas Range
- Flooring Type: Concrete, Tile, Vinyl
- Interior: Breakfast Bar, Eat-in Kitchen, Bar, Walk-In Closet(s), Wet Bar, Pantry
- Total Bedroom Count: 2
- Garage Space: 4 spaces
- Parking: Garage Door Opener
- View: Mountain(s)
- Heating: Electric, Central, Natural Gas, Space Heater(s)
- List Price: $1,900,000
- Price/SqFt: $86
- Annual Tax Amount: $3,263
- Tax Year: 2024
- Lot: Level
- Directions: Central Avenue, Downtown
- Year Built: 1945
- Stories: 2
- Living Area: 22,083 SqFt
- MLS Number: 151848
- MLS Name: HotSprings
- Office Name: Rix Realty - Advantage Team Realtors
- Office Phone: (501) 205-1900
- Listing Agent: Chris Rix
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $77,080 | $3,263 |
2023 | $77,080 | $3,022 |
2022 | $75,700 | $2,680 |
2021 | $53,320 | $2,436 |
History based on county public records data.
Nearby schools
4
Langston Elementary Leadership Academy
Public Magnet PK-6
0.8 mi
•120 Chestnut St
7
Park Magnet IB World School
Public Magnet PK-6
1.7 mi
•617 Main St
4
Main Street Visual and Preforming Arts Magnet School
Public Magnet PK-6
1.7 mi
•301 Oaklawn St
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $20,496. The most common annual income of people living in Hot Springs, AR is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
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Frequently asked questions
Living in Hot Springs, AR
Transportation in Hot Springs includes a network of roads that connect residents to key areas within the city and beyond. Public transit options are available, providing residents with alternatives to private vehicle use. The city's layout also supports a degree of walkability, particularly in the downtown area, where residents and visitors can enjoy easy access to shops, restaurants, and entertainment. While specific ride-sharing services are operational, the community's transport infrastructure continues to evolve to enhance connectivity and convenience.
The community is served by a range of essential services, including public schools that cater to students from kindergarten through high school, as well as private educational options. Healthcare is accessible through local clinics and a hospital equipped to provide a variety of medical services. Retail and dining establishments are plentiful, offering both local and international cuisine, and the city is proactive in adapting its services to meet the evolving needs of its residents.
Hot Springs is celebrated for its unique blend of natural beauty and historical significance. The community prides itself on its namesake hot springs and the historic Bathhouse Row, which together create a distinctive atmosphere. The city's character is further enriched by its art galleries, music festivals, and the famous Hot Springs National Park, offering residents a serene yet culturally vibrant lifestyle.
Hot Springs offers a diverse array of housing options, with single-family homes being a significant part of the market. Architectural styles vary, with a mix of historic homes that reflect the city's rich past and more contemporary designs for modern living. The housing market is dynamic, with a homeownership rate that reflects a healthy balance between owners and renters within the community.
About 1010 Central Ave
The listing price of 1010 Central Ave property is $1,900,000.
The property 1010 Central Ave is a house located in Hot Springs, Arkansas, 71901.
Active Listing: 1010 Central Ave is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 1010 Central Ave are: Langston Elementary Leadership Academy (GreatSchools Rating 4/10), Park Magnet IB World School (GreatSchools Rating 7/10), Main Street Visual and Preforming Arts Magnet School (GreatSchools Rating 4/10), Lakeside Middle School (GreatSchools Rating 7/10), Fountain Lake Middle School Cobra Digital Preparatory Academy (GreatSchools Rating 6/10), Lake Hamilton Middle School (GreatSchools Rating 5/10), Hot Springs World Class High School (GreatSchools Rating 5/10), Cutter-Morning Star High School (GreatSchools Rating 4/10), Lakeside High School (GreatSchools Rating 9/10).
According to the records, the last property tax for 2024 is $3,263 (source: MLS/based on county public records data).
The property at 1010 Central Ave has 2 bedrooms and 2 full and 5 half bathrooms.
The property 1010 Central Ave is 22,083 SqFt (source: MLS/tax record).
The year of construction for 1010 Central Ave is 1945.
This home is located at 1010 Central Ave in Hot Springs, AR and zip code 71901. This 22,083 square foot home was built in 1945. Features: 2 bedrooms, 7 bathrooms. It has been listed on Rocket Homes since July 23, 2025 and is currently priced at $1,900,000.
While more than 5 listings in Hot Springs, AR in June 2025 were sold above asking price, there were more than 17 listings sold at asking price, and more than 64 were sold below. Between May and June 2025, Hot Springs, AR real estate market has seen increase in the number of listings by 7.1%. While the average time on the market in June 2025 was 84 days, the median list price was $210,000.