



ATTENTION: BUSINESS OWNERS & COMMERCIAL REAL ESTATE INVESTORS! 15,650+/- Sq. Ft. Multi-Purpose Building in a High-Traffic Location Featuring Excellent Curb Appeal & Ample Parking ~ Conveniently Located on Malvern Avenue/HWY 270B ~ Only 1/4 Mile South of East Grand Avenue/HWY 70B & 1 Mile from Downtown Hot Springs REAL ESTATE DESCRIPTION: This Extremely Well-Maintained, 15,650+/- Sq. Ft. Multi-Purpose 3-Level Building, in a High-Traffic Location Featuring Excellent Curb Appeal & Ample Parking, was Recently Remodeled Inside & Out, Including an All-New Retail Storefront, Metal Exterior & Roof & It could Easily be Converted into Many Different Types of Businesses. Property Highlights Extremely Well-Maintained, 15,650+/- Sq. Ft. Multi-Purpose, 3-Level Building in a High-Traffic Location Featuring Excellent Curb Appeal & Ample Parking. Conveniently Located in Hot Springs on Malvern Avenue/HWY 270B, Only 1/4 Mile South of East Grand Avenue/HWY 70B & 1 Mile from Downtown Hot Springs. Along with the 16,000+/- Vehicles Per Day Driving by this Attractive & Highly Visible Building, this Property has Frontage on 4 Streets, making it an Excellent Location for Many Types of Businesses & will be Offered in 2 Individual Tracts & in its Entirety. Currently Operating as Hollywood Athletics & Wellness Center, this Building was Recently Remodeled Inside & Out, Including an All-New Retail Storefront, Metal Exterior & Roof. It could Easily be Converted into Many Different Types of Businesses. Tract 1 Consists of the 15,650+/- Sq. Ft. Building on a 0.35+/- Acre Corner Lot with 20 Designated Parking Spaces, Road Frontage on Malvern Avenue, Henry Street & Arkansas Street for Easy Access. Highly Visible Permitted Two-Sided Street Signage on Malvern Avenue. This Property is Currently Under a $7,500/ Month Triple-Net, Month-to-Month Lease, with the Tenant Paying Taxes, Insurance & Upkeep. Tract 2 Consists of a 0.8+/- Acre Corner Lot with Frontage on Malvern Avenue, Henry Street & Gould Street, Containing Over 30 Additional Parking Spaces, an Older 1,400+/- Sq. Ft. Building & Portable Building Currently Being Used for Storage by the Tenant of Tract 1. This is a Prime Tract for Commercial Development Utilities Include: Electricity, City Water, City Sewer & Natural Gas Property Shown Anytime by Appointment Bidding Options: Live On-Site & Simulcast Online Bidding Available Offers Made Prior to Auction Day are Welcome! INSPECTION: Property can be Viewed by Appointment ~ Contact Agent Doug Westgate ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection & Registration on Auction Day. CLOSING COMPANY: Pro Land Title Company ~ Closing Agent: Shanda Dunlap ~ 401 Section Line Road, Suite F, Hot Springs, Arkansas 71901 REAL ESTATE TAXES FOR YEAR 2025: (TRACT 1) $8,445.62 (TRACT 2) $2,238.76 TERMS: (TRACT 1) $80,000.00 ~ (TRACT 2) $20,000.00, Each in the Form of a Cashier's Check made Payable to Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Auction/ Buyer's Premium ~ Offers Prior to Auction Day are Welcome.
| Year | Tax amount | |
|---|---|---|
| 2025 | USD $8446 | NZD $15,007* |
*Converted price in your currency provided by Open Exchange Rates. Exchange rates are subject to continuous change. Neither realestate.co.nz nor its affiliates guarantee that the conversion reflects current conversion rates and are not responsible for any inaccuracies. realestate.co.nz recommends that you independently verify any information before relying on it.
Email enquiry to Wilson Real Estate Auctioneers, Inc.
Property ID: 110120128977
Original Property ID: 3yd-NYSMLS-12016155