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Commercial: MLS #22022398 Hot Springs, AR $ 1,000,000
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$ 1,000,000 Get more info
Commercial: MLS #22022398
$ 1,000,000
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Share Save

Commercial: MLS #22022398

Hot Springs, AR, 71901
$ 1,000,000
Baths0.0 Sq 6,396

Monthly Estimate*

$ 6,646

MLS #/Web ID: 22022398 - Image 1
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MLS #/Web ID: 22022398 - Image 10
Studio

Commercial Property for sale in Hot Springs, AR

for $1,000,000. This 6,396 square foot building was built in 1942 on a lot size of 0.51.

Opportunity Knocks! 16 Unit Court with Office and Residence on one property. Built in 1942 (In 1942 the Army-Navy hospital, where the thermal baths of Hot Springs were used to rejuvenate the soldiers waiting to return to duty). On the Historic Registry as a classic 1940's court. See attachment. Each unit average 492 sq. ft. open room with kitchenette and bathroom. Window HVAC. Put your own style and love into this vintage motel. Family Residence with 1471 Sq. Ft.(Built 1890) and 160 sq. ft. Office.

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Commercial Active

Price

$ 1,000,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,601

Style

Bungalow/Cottage

Lot Size

0.51

Year Built

1942

Town/City

Hot Springs

County/Region

Garland

MLS | Web ID

22022398
Features
General
Heating Window Units
Utilities Sewer-Public Water-Public Electric-Municipal Gas-Natural Telephone-Private
Roof Metal
Exterior Features Pole Sign
Zoning Com/Res Central Business
Year Built 1942
Parking 1 - 10 Spaces Assigned Common Paved
Tenant Pays None
Subdivision HSR BLK AR
Style Bungalow/Cottage
Stories One Story Two Story
County Garland
Class Commercial / Industrial
Present Use Hotel/Motel
Type Business Bldg and Land
Business Type court/motel
Business Name Lynwood Motel
Tax Year 2021
Inside City Limits No
Status Active
Docs on File None
Warranty As-Is Prsnt Cnd at Clsng
Primary City Hot Springs
Directions Park Ave to 857 Park on Left (Lynwood Motel)
City Hot Springs
Street Name Park
DOM 320
Postal Code 71901
Price Per Sq Ft Total AG 156.35
Coming Soon Opportunity Knocks! 16 Unit Court with Office and Residence on one property. Built in 1942 (In 1942 the Army-Navy hospital where the thermal baths of Hot Springs were used to rejuvenate the soldiers
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Exterior
Exterior Brick Frame
Road Surface Paved
Foundation Crawl Space Slab
Lot Size Area 0.51
Lot Dimensions 125X176
Lot Level Not in Subdivision
Parking 20
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Interior
Floors Wall-to-Wall Carpet Vinyl
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* Excluded Features
List By
Emilia D'Auteuil

Listing Agent

Exp Realty

Broker

realtyinvestment.ed@gmail.com

Email

Affordability Calculator

$6,780
Per Month
98%
2%
0%
Monthly Principal & Interest
$6,646
Monthly Property Taxes
$133
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
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Nearby
886427 Elementary School
886671 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
11/7/2023$550,000 Listed Price

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