4431 Park Avenue Hot Springs, AR ^$ 399,000

4431 Park Avenue

^$ 399,000

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4431 Park Avenue

Hot Springs, AR, 71901

^$ 399,000

Studio Baths0.0 Sq 3,836

Monthly Estimate*

^$ 2,787

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Studio

Commercial Property for sale in Hot Springs, AR

for $399,000. This 3,836 square foot building was built in 1972 on a lot size of 2.53.

Fantastic location, located a stone's throw from new roundabout that will connect the new MLK Expressway to hot Springs Village. Restaurant with lots of parking and frontage on .43 acres, home on 1.69 acres and lot on .41 acres, all connecting. 4 septic tanks, 1 each for home and lot, 2 for restaurant (1 for grey water, 1 for waste). Home needs LOTS of work. Sold As-Is, with all restaurant equipment and furnishings conveying with purchase.

Commercial Active

Price

^$ 399,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 1,540

Style

Traditional

Lot Size

2.53

Year Built

1972

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

22007098

Features

General

Heating Central Cool-Electric Central Heat-Electric

Utilities Septic Water-Public Electric-Municipal Gas-Natural

Roof Composition

Year Built 1972

Tenant Pays None

Subdivision Evelyns Fountain Lake AR

Style Traditional

Stories One Story

County Garland

Class Commercial / Industrial

Type Building and Land

Business Type Restaurant

Business Name N/A

Inside City Limits No

Status Active

Docs on File Property Disclosure

Primary City Hot Springs

Directions From downtown Hot Springs take Park Avenue North to subject. Signage in front flower bed and on front door.

City Hot Springs

Street Name Park

DOM 801

Postal Code 71901

Price Per Sq Ft 104.01

Coming Soon Fantastic location located a stone's throw from new roundabout that will connect the new MLK Expressway to hot Springs Village. Restaurant with lots of parking and frontage on .43 acres home on 1.69

Exterior

Exterior Brick Metal/Vinyl Siding

Road Surface Paved

Foundation Slab

Lot Size Area 2.53

Lot Dimensions +/- 2.53 Acres

Lot Sloped Level Corner Lot

Parking 20

Interior

Floors Partial Carpet Vinyl Concrete

* Excluded Features

List By

Todd Lucas

Listing Agent

Southern Homes Realty - Hot Springs

Broker

wtlu64@gmail.com

Affordability Calculator

$2,915

Per Month

Monthly Principal & Interest: $2,787
Monthly Property Taxes: $128
Monthly Home Insurance: --

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Down Payment

Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

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Nearby

Trends
Schools

Commerical listings in Hot Springs, AR

Average List Price ^$917,795

Percent of Sale Price 130%

About Hot Springs, AR

15,306 Population

35% Since 2002

^$53,252 Median Income

70.79 Median Age

8% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

886427 Elementary School

886671 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/23/2022	$399,000	-11.33%	Price Down
4/8/2022	$450,000	-14.29%	Price Down
3/7/2022	$525,000		Listed Price

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4431 Park Avenue, Hot Springs, AR, 71901 is a Commercial Property for sale at $399,000 with 3,836 sqft and a lot size of 2.53. 4431 Park Avenue is a studio with 0.0 baths and was built in 1972. The property's zip code is 71901 which is in Hot Springs, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 7.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Cooperative Arkansas REALTORS Multiple Listing Services, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 5/20/2024.

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4431 Park Avenue

Commercial Property for sale in Hot Springs, AR

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