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DOWNTOWN HOT SPRINGS ABSOLUTE COMMERCIAL REAL ESTATE AUCTION – HOT SPRINGS, AR

Auction Description

Property Highlights

  • Well-Maintained 2,158± Sq. Ft. Building w/New Roof, New AC, New Tankless Water Heater & Fresh Professional Paint Job
  • Conveniently Located North of Bath House Row in Downtown Hot Springs on Highway 7 w/an Average Daily Traffic Count of 13,000± Vehicle Per Day
  • Perfect Location for an Electrical, Plumbing, HVAC or Roofing Contractor, Auto Detailing, Window Tinting or Retail Tire Shop w/ 3 Bays w/Overhead Doors, Office/Reception Area, Work Area, Kitchenette, Bathroom & Security Alarm
  • Plenty of Exterior & Interior Space to Park Work Vehicles, Store Equipment, Tools & Inventory w/High Visibility for Signage
  •  0.12± Acre Corner Lot, Zoned “Central Business District” w/Easy Access from Highway 7/ Park Avenue & from Ramble Street
  • Well-Built in 1945 with an Attached Drive-Thru Portico
  • All City Utilities Including Electricity, City Water, City Sewer & Natural Gas  
  • Property Shown by Appointment Only

Auction Details

  • Auction Date & Time: Friday, May 8th, 2026 at 11:00 AM
  • Location: 340 Park Avenue, Hot Springs, AR 71901
  • Bidding Options: Live On-Site & Simulcast Online Bidding Available
  • No Reserve Auction
  • Offers Made Prior to Auction Day are Welcome!

Any Questions, Contact Agent Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com

More Information is Coming Soon!

INSPECTION: Property Shown by Appointment Only ~ Contact Agent Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com with Questions ~ 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 (sdunlap@prolandtitle.com) ~ 401 Section Line Road, Suite F, Hot Springs, Arkansas 71901 ~ (501) 762-0159 ~ Fax/ 760-0557.

REAL ESTATE TAXES FOR YEAR 2025: $813.78

TERMS: $15,000.00 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.

Auction Location

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