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Address not disclosed Hot Springs, AR 71901
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Key Details
Sold Price $1,800,000
Property Type Commercial
Sub Type Business, Bldg and Land
Listing Status Sold
Purchase Type For Sale
Square Footage 45,585 sqft
Price per Sqft $39
Subdivision Hsr Blk
MLS Listing ID 23004531
Sold Date 09/07/23
Style Other (see remarks)
Year Built 1930
Lot Size 1.220 Acres
Acres 1.22
Property Description
Offering Opportunity to be part of Historic Hot Springs Downtown! The Park Hotel and the Margarete Motel are for sale. Includes 82 Rooms in Hotel and 12 in the Motel. Restaurants, Retail, Apartments, Meeting and Event Venue, Parking. Located behind The Arlington Hotel and across from the Hot Springs National Park Trail and Park system. Completed in 1930 and remodeled in the 1950s (and subsequent) it offers the charm and romance of the wonderful history of Hot Springs gangster era. This is one you need to consider. See attached Garland County Historical Society file attached to listing.
Location
State AR
County Garland
Area Hot Springs School District
Zoning Commercial
Interior
Interior Features Other (see remarks)
Heating Central Cool-Electric, Central Heat-Gas
Flooring Other (see remarks)
Exterior
Garage Spaces 100.0
Utilities Available Sewer-Public, Water-Public, Electric-Municipal, Gas-Natural, TV-Cable
Roof Type Other (see remarks)
Building
Lot Description Level, Resort Property, Cleared, Mountain View
Foundation Slab/Crawl Combination
New Construction No
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Bought with Exp Realty