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225 Malvern Avenue, Hot Springs, AR 71901

$2,500,000

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Listing Courtesy of: Southern Realty Of Hot Springs-Hsv Branch - 501-321-2025

Description for 225 Malvern Avenue

MLS# 18026166

Location, location, location! Downtown Hot Springs! Building and land! Let your imagination soar! So many possibilities: entertainment venue, shopping mall/food court just steps from the Convention Center. Adjacent to public parking. Ample parking half a block away. Newer roof. Main level has over 19,000 sq ft. Upper level plus basement. Two bay doors in the back plus drive-in basement. Fabulous traffic count and visibility! Once in a lifetime opportunity! Laundry equipment belongs to tenant. NEW ROOF!!

General Features Property for Sale

  • Price
    $2,500,000
  • MLS#
    18026166
  • Year Built
    1969
  • County
    Garland
  • Subdivision
    Hsr Blk
  • Approx. Lot Size
    19630
  • Approx. Acreage*
    0.45

Additional Details

General

Approx Acreage : 0.45
Approx Sq Ft : 42000
Approx Year Built : 1969
Business Name : Former Craighead Laundry
Business Type : None
Business Type Two : Building and Land Only
Foundation : Other (see Remarks)
New Construction : No
Price Includes : Building, Land, Real Estate
Source Of Square Feet : Courthouse
Style : Contemporary

Financial

Accuracy of Expenses : Limited Information
Annual Expenses : $99,999,999
Annual Income : $0
Annual Taxes : $9,432
Expenses Include : None
Lease Type : None
Tenant Expenses : None

Interior

Floors : Concrete

Exterior

Exterior : Block, Stone, Stucco
Roof : Tar and Gravel

Lot

Lot : Level
Road Surface : Paved
Will Subdivide : No

Equipment

Heating-Air : Central Heat-Unspecified, Central Air - Unspecified
Utilities : Sewer-Public, Water-Public, Electric-Co-Op

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Market Research

This Property

  • $2,500,000

    List Price

  • 1636

    Days on Website (Aug 13, 2018)

Hot Springs Commercial Values

  • $885,963

    Average List Price

  • 404

    Average Days on Market

  • $513,083

    Average Sold Price

  • 9,727

    Number of Properties for Sale

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Listing Courtesy of: Southern Realty Of Hot Springs-Hsv Branch - 501-321-2025
The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity SM Program of the Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. Real estate listings, held by brokerage firms other than Crye-Leike are marked with the Broker Reciprocity SM logo and information about them includes the name of the listing brokers. The broker operating this web site believes the data here to be correct, but advises interested parties to confirm them before relying on them in a purchase decision. For the most current information, contact Crye-Leike, REALTORS®. This data is updated daily. Some properties which appear for sale on this web site may subsequently have sold and may no longer be available. Information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information Deemed Reliable But Not Guaranteed. Copyright 2023 Cooperative Arkansas REALTORS® Multiple Listing Services, Inc. All rights reserved.
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