Excellent commercial investment opportunity on the east side of Hot Springs with strong visibility and direct access to the Little Rock Highway corridor. 514 E. Grand Avenue is a retail strip center offering approximately 5,845 square feet (approximately 543 square meters) divided into three rentable units. One tenant is currently operating a successful vintage resale shop, providing immediate income potential. The property features ample storefront parking, an adjacent lot, excellent corner positioning, and outstanding street visibility with a high daily traffic count. Significant improvements and updates have been completed since the current owner acquired the property. Connected to the center, 520 E. Grand Avenue offers an additional 2,085 square feet (approximately 194 square meters) and is currently occupied by an HVAC business. This section includes a garage door for convenient loading and unloading access, making it ideal for service-oriented or light industrial commercial use. Electric and gas utilities are separately metered, creating flexibility for both ownership and tenant management. This is an excellent opportunity for investors seeking a well-positioned income-producing commercial property along one of the main corridors of Hot Springs. The property may also be purchased in conjunction with additional investment properties from the same investor portfolio. Feel free to conduct a site visit; however, please do not disturb the tenants or their ongoing business operations.
Listed By
Agency Name: Rix Realty - Advantage Team Realtors
Agency Phone: 501-205-1900
Shown By
Agency Title: Crye-Leike Real Estate Services
Agency Phone: 866-253-4666
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.
520 E Grand Avenue | MLS# 155391
This commercial property located at 520 E Grand Avenue, Hot Springs, AR 71901 is currently listed for sale with an asking price of $193,000. Search Hot Springs real estate on online.fusion2b.com today.