500 Ouachita Avenue

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500 Ouachita Avenue

Hot Springs, AR 71901
Asking Price
$4.50M
Asset Type
Storefront Retail
Class
Class B

What's Special

<p>Offering & Price: For Sale | $4,500,000</p><p>Address 500 Ouachita Ave, Hot Springs, AR 71901</p><p>Opportunity Zone Yes</p><p>Property Type: Multi-Tenant Office/Retail</p><p>Zoning: C-2</p><p>Building & Lot Size: ±43,204 SF | ±1.7 Acres</p><p>Stories & Typical Floor Size: 2 | ±28,025 SF</p><p>Year Built/Renovated: 1920/2012/2026</p><p>Parking: 100 Surface Spaces</p><p></p><p>±43,204 SF mixed-use office/retail building on ±1.7 acres in downtown Hot Springs with flexible space for retail, offi

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NOI
$80,000
Cap Rate
1.78%
DSCR
0.30
Underwater
Cash-on-Cash
-13.86%
Monthly Payment
$22,263.545
Annual Cash Flow
$-187,162.537

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