7,930 sqft

$189,000

520 E GRAND Avenue, Hot Springs AR, 71901

Price per sqft$23.83

Built in1965

Property size7,930 sqft

Property typeCommercial

Overview

Active

Listed May 8, 2026

Updated 2 weeks ago

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.

Other Property Details

Taxes: $1,455
Tax Frequency: Annually

Listed by Chris Rix with Rix Realty - Advantage Team Realtors
Listing Contact: 501-627-4075

The IDX display contains information sourced from the Hot Springs Board of REALTORS® as of 9/30/2026. 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 9/30/2026 at 7:29 AM UTC