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$1,500,000
Est. payment /mo
6,396 SqFt
Under Contract
857 and 859 Park Avenue Hot Springs, AR 71901
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Key Details
Property Type Commercial
Sub Type Building and Land
Listing Status Under Contract
Purchase Type For Sale
Square Footage 6,396 sqft
Price per Sqft $234
MLS Listing ID 26027117
Year Built 1942
Tax Year 2025
Lot Size 0.510 Acres
Acres 0.51
Property Sub-Type Building and Land
Property Description
This package deal is the perfect canvas for investors looking to restore a piece of Spa City history. Properties included: * The Lynwood Motel & Duplex (857 & 859 Park Ave): This 1942 classic court is on the Historic Registry and includes 16 vintage units, a 160 sqft. office, and a historic 1471 sqft. family residence (built in 1890). * Commercial Space (865 A & B Park Ave): Two units featuring high-visibility Park Avenue frontage, perfect for boutique retail or professional office use. * The Pullman Units (105 & 107 Pullman Ave): Situated just off Park Avenue, offering quiet residential, long-term, or short-term rental flexibility. Whether for cash flow or redevelopment, this is a rare opportunity to claim a major footprint in historic Hot Springs.
Location
State AR
County Garland
Area Hot Springs School District
Interior
Heating Window Units
Flooring Vinyl, Wall-to-Wall Carpet, Wood
Exterior
Garage Spaces 11.0
Utilities Available Sewer-Public, Water-Public, Electric-Municipal, TV-Cable, TV-Satellite Dish
Roof Type Metal
Building
Foundation Slab/Crawl Combination
New Construction No
Listed by McGraw Realtors - HS • Ashley Layfield