42,000 sqft

$2,500,000

225 MALVERN Avenue, Hot Springs AR, 71901

Price per sqft$59.52

Built in1969

Property size42,000 sqft

Property typeCommercial

Overview

Active

Active - Contingent

Listed Jan 2, 2023

Updated 4 days ago

Location, location, location! Downtown Hot Springs! So many possibilities: entertainment venue, shopping mall/food court just steps from the Convention Center. Great location for a tourist attraction and/or parking garage. Adjacent to public parking. Ample parking half a block away. Approx. 42,000 sq. ft building. Street level has over 19,000 sq ft. upper level plus basement. Four bay doors in the back plus drive-in basement. Fabulous traffic count and visibility! Once in a lifetime opportunity! Opportunity zone! NEW ROOF IN 2020!!

Other Property Details

Taxes: $9,432
Tax Frequency: Annually

Also listed on CARMLS

Listed by Pamela Bates with Southern Realty of Hot Springs
Listing Contact: 501-622-7878

The IDX display contains information sourced from the Hot Springs Board of REALTORS® as of 10/15/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

Data last updated on 10/15/2026 at 4:13 AM UTC