315 Park Avenue

Premier Commercial Investment – 315 Park Avenue, Hot Springs, AR 71901

Offered at: $1,500,000 | Approx. 21,848 SF | Approx. 3 Acres | Zoned C2/R4

Unlock a Rare Opportunity in Hot Springs’ Fastest-Growing Corridor

315 Park Avenue presents a premier investment opportunity in the heart of Hot Springs, Arkansas. Positioned on a generous 3-acre lot and offering approximately 21,000 SF of versatile, single-story commercial space, this property is perfectly suited for retail, office, medical, mixed-use redevelopment, or institutional use.

Strategically located in close proximity to the highly anticipated Majestic site redevelopment, this property lies within a federally designated Opportunity Zone, providing attractive tax incentives for investors and developers.

Key Property Features:

• Approx. 21,848 SF of flexible commercial space
• Approx. 3-acre lot with ample frontage and access
• Zoning: C2/R4 – broad use potential
• Opportunity Zone designation
• Prime location: Minutes from the Historic Bath House Row, the Historic Arlington Hotel and new development sites
• During the 1960s, this legendary Las Vegas-style showroom played host to Hollywood royalty—including Mickey Rooney, The Smothers Brothers, Liberace, Rosemary Clooney, and Tony Bennett—alongside a dazzling array of stars who lit up its stage.

Originally built in 1959, the building blends classic structure with modern functionality. With a location rich in history and future growth, this is a unique chance to own a cornerstone property in one of Arkansas’s most vibrant markets.

Schedule a private tour today and explore the future potential of 315 Park Avenue.

Disclaimer: This information is deemed reliable, but not guaranteed. Under no circumstances should the information contained herein be relied upon by any person in making a decision to purchase any of the described properties.