SQUARE FEET8,974
MLS#152314
STATUSActive
PROPERTY TYPECommercial - Business
SUBDIVISIONHot Springs Reservation
NEIGHBORHOODHOT SPRINGS
Property Description
The Gold-Inn has been a cherished part of Hot Springs, Arkansas, since 1920. Located in Park Avenue's historic district, the charming motor lodge is a living tribute to the golden age of American travel. Gold-Inn is a 19-room boutique motor lodge centered around a charming 1905 manor. This classic setup reflects the character of Park Avenue, a historic neighborhood known for its grand old homes and vintage motor courts. Gold Inn sees consistent and strong occupancy levels year-round. This is a turn-key opportunity for any investor looking for a stable and growing income stream. Everything is in place for you to hit the ground running. Additional units can be added for more rental income. Financials available upon request.
Property Features
Property Type: Commercial - Business
Fenced: Yes
Lot Size: 0.66 Acres
Property Type: Business, Bldg and Land
Roof Type: Architectural Shingle
Stories: 3.0
Taxes: $5,818
Year Built: 1920
Feature Descriptions
Business Type: Hotel/Motel
Days on Site: 219
Exterior: Partially Fenced, Pole Sign
Exterior: Stucco, Siding
Flooring: Tile, Vinyl
Foundation: Slab, Slab/Crawl Combination
Heating/Cooling: Window Units, Other (See Remarks)
Interior: Janitor Services, Equipment (See Remarks), Inventory (See Remarks), Window Treatments
Parking: 50+ Spaces
Road Surface: Paved
Zoning: C-TR C-Trans District
Listed By / Shown By
Listed By
Agency Name: White Stone Real Estate
Agency Phone: 501-359-3009
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
Source: Hot Springs MLS
Crye-Leike is a full-service real estate company founded in Memphis in 1977. Today it is ranked #4 in the nation and the largest real estate company serving markets in Tennessee, Arkansas, Georgia, Mississippi. Crye-Leike has a network of more than 2,800+ licensed sales associates, 600+ staff members and over 130+ branch and franchise offices located throughout a seven state region of Alabama, Arkansas, Florida, Georgia, Kentucky, Mississippi, and Tennessee. Crye-Leike also has a franchise location in Puerto Rico.
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741 Park Avenue | MLS# 152314
This commercial property located at 741 Park Avenue, Hot Springs, AR 71901 is currently listed for sale with an asking price of $1,750,000. Search Hot Springs real estate on online.fusion2b.com today.