Building for Sale by Owner
Agents are welcome. 
 
INVESTMENT OPPORTUNITY

FANTASTIC LOCATION

Price: $599,000

This is a split commercial/residential building with the option to also purchase the existing business (art gallery). 
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Located in the middle of downtown Hot Springs, Arkansas on Central Avenue; the area is surrounded with art galleries, restaurants, attractions, and Hot Springs National Park.

Two story brick. Total of 6000 square feet, 3000 each floor. Ground floor is commercial, second floor is residential. 

Second floor has private Central Avenue entrance with stairs; and rear entrance to back alley

The block is part of the latest CBID improvement zone, with all improvements completed.  This includes new sidewalks, curbs, crossing lights, curbside parking, streetlights and trees.

This property is not under the rules of the Historic District.

The building got a new roof in 2006. The second floor got new central air and heat on a two zone system in 2004. The first floor got new central air and heat in 2005.

The reason for selling is the owner is retiring.

for more information call 501-318-2787 or Email


View Larger Map
 
     
 
Existing Business
First Floor
Second Floor
Hot Springs area
 

Art Gallery

Since 1997, Blue Moon Gallery, 718 Central Avenue in Hot Springs has become a favorite destination for discovering both original and affordable artwork. In 2001 a larger space was acquired to further establish our commitment in the arts district.

The Blue Moon Gallery represents national, regional and local fine artists, including sculpture and photography. Many of the artists have artwork for display on the gallery website www.bluemoonartgallery.com.

The website’s monthly gallery news is a great resource for information about the artists and an event calendar for current and future community art events.

Each month the gallery is transformed to accommodate the artwork of a featured artist or a special event. The Opening Reception is always held during Gallery Walk on the first Friday evening of each month. This tradition has continued for more than twenty years and is anticipated by locals and visitors for a chance to meet the artists and purchase their favorite selections.

The gallery also rents the space for catered events, special parties and receptions. It is a popular choice for wedding parties, anniversaries and conference gatherings.

The gallery is located in the heart of downtown Hot Springs and in the center of the Arts District, across the street from the City Visitor Center and two blocks from the Hot Springs National Park Visitor Center.

Named by several publications as “Best of the Best” 2007, 2008, 2009

Artwork is exhibited in spacious surroundings of approximately 2500 sq. ft

Open year around for First Friday Gallery Walks and daily business operations

Represents outstanding, award winning artists from Arkansas, California, Louisiana, Missouri, Nevada, New York, Oklahoma, Tennessee & Texas

Prominent user-friendly web site

Nationally and locally advertised in art publications and newspapers; backdrop for local TV commercials; served as host for visiting travel writers; visited by tourists from around the globe

Art galleries, Restaurants,  Coffee shops, Cafes, Bars, Bookstores, Eclectic boutique shopping, Spa Baths, Salons, Shoe Repair, Theatres, Musical entertainment, Banquet facilities, and various expo offerings and concerts  at Summit Arena  Hospital, Post Office, Banks, are all within walking distance.

 
  press

  First floor  
 

3000 square feet of commercial space
Curbside parking with two city parking lots connected to this block
14’ high ceilings throughout most of the space
Open space with storage
Private office at the back of the space
Private kitchenette
One bathroom
Private internal stairs located in office that go to the second floor
Upper walls and ceiling are plaster and lathe
Lower walls are a mix, plaster, drywall, or exposed brick
Original wood floor with some carpet area covering concrete

 

  const
Storefront
 
 

bmg
First Floor interior

 
     
  walk
Monthly Gallery Walk
 
     
  rental
Rental for Events
 
     
  featured
Featured Area - rear
 

 
Existing Business
First Floor
Second Floor
Hot Springs area

  Second floor  
  Living & personal office & studio work space
 
 

General Info:
Original wood floors all painted
The external side walls are exposed brick
The internal original walls are thick plaster and lathe
New walls are drywall
The 2nd floor has new (2004) central heating and air on a two zone system, separating living space from studio space.
The 2nd floor has 3 entries.
The private main street entrance with ground floor entryway and 24 steps (In Hot Springs it is rare for the 2nd floor to have private entry from the main street).
Backdoor entry from alley with 1 step
Interior back entry from the back office on the first floor
Ceilings are 16’ throughout the second floor with a couple of exceptions noted below.
16’ ceilings are all original bead board painted.

 

 

  bed1 bed2  
     
 

Bedroom:
Fits Queen size bed.
Built in book shelves
Two high interior windows with water glass let in morning light.
Painted wood floor like driftwood
Walls painted in sand colored sea oats fading into light blue sky with small clouds
White trim
3 double outlets
1 closet with shelf and light
Standard 8’ ceiling

 


  bath  
 

Bathroom:
Original claw foot tub, white and in very good condition
Separate custom shower with poured marble walls and trim ('04)
New toilet (12/09) with built shelves over toilet
Sink with under cabinet and open side shelves ('04)
Floors are tile and painted wood
One double outlet by sink
Large round mirror over sink
Two high interior windows let in afternoon light
Bathroom can be entered from living room or hallway

 

 

  living  
 

Living room:
4 high interior windows that let in afternoon light
4 double outlets

 


  kitchen1

   
 

Open kitchen:
Completely remodeled in 2004 - Formica counter tops
Single bowl sink - Many drawers and shelves
Corner swivel shelves - Glass top stove (new 1/04)
Older model Dishwasher
Older model Refrigerator
Large pantry with light
Painted wood floors
Painted drawers and shelves
Wrap around wooden bar to kitchen counter
--comfortable for 4- 6 people on stools
Exposed brick wall with ghost painting that
-- reads “Valley of the Vapors”
Pantry doors: antique doors, painted in wood trim and
-- grape leaf motif
Counter/cooking area has 2 double outlets and 1 quad outlet

Open loft area above kitchen for storage

Drop ceiling over kitchen area:
Soft faux finish painting
Round ceiling light
3 recessed lights
Ceiling fan

Large interior antique solid wood door with snow glass, separating living space from work/studio and stair entry
2 large high interior windows let in morning light, antique snow glass

int

ext

 

  dining dining2  
 

Kitchen dinning area
Open to the kitchen
Eating area good for up to 4 at table
One double outlet
Hanging light over table area
Ceiling fan
1 large high interior window let in morning light, antique snow glass

 

 

  hall enter  
 

Large hallway
One wall exposed brick
Opposite and end walls faux painted
Double wood doors leading to the back, inside storage area, interior stairs to the 1st floor, door to the alley.

 

 

 

Separate from living space:

Office
Large office with interior windows for morning & afternoon light
Two doors
Built in shelves

Photography darkroom

Photography hot & cold sink

Studio/entertaining space
Morning & afternoon light from two huge windows facing main Street (Central Ave)
Huge space to use in countless ways

 

 
Existing Business
First Floor
Second Floor
Hot Springs area

line

  greets
Hot Springs area
greets  

  Hot Springs AR
Hot Springs is the 10th most populous city in the U.S. state of Arkansas, the county seat of Garland County,and the principal city of the Hot Springs Metropolitan Statistical Area encompassing all of Garland County. According to 2008 Census Bureau estimates, the population of the city was 39,467.

Hot Springs is traditionally best known for the natural spring water that gives it its name, flowing out of the ground at a temperature of 147 degrees Fahrenheit (64 degrees C). Hot Springs National Park is the oldest federal reserve in the USA, and the tourist trade brought by the famous springs make it a very successful spa town.
 
  Oaklawn
Oaklawn Park is an American thoroughbred racetrack in Hot Springs, Arkansas. It is the home to The Racing Festival of the South.

In 2009, the Horseplayers Association of North America introduced a rating system for 65 Thoroughbred racetracks in North America. Of the top Ten, Oaklawn was ranked #9.
 
  HSDFF
The Hot Springs Documentary Film Festival is one of the oldest documentary film festivals in the world, held annually in Hot Springs, Arkansas. The festival began in 1992, with a screening of ten Academy Award nominated documentaries. The festival screens 100 documentaries each year and is recognized by the International Documentary Association and the Academy of Motion Picture Arts and Sciences as one of seven national Academy Award qualifying venues.
 
 
Music Festival
The Hot Springs Music Festival is a not-for-profit educational music festival held in Hot Springs, Arkansas. During the first two weeks of June, "pre-professional" musicians join professional mentor musicians in performance of concert music. There are approximately 4 orchestral concerts and numerous chamber music concerts.
 

 

  logo
http://www.hotsprings.org/
   
  greets
http://www.hotspringschamber.com/
   
  logo
http://etourguide.hotsprings.org
   
  bath
http://en.wikipedia.org/wiki/Bathhouse_Row
   
  park
http://www.nps.gov/hosp/index.htm
   
  gardens

http://www.garvangardens.org/

   
         

 
Existing Business
First Floor
Second Floor
Hot Springs area

 

 

 

 

 

 

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