741 Park Avenue, Hot Springs, AR 71901
741 Park Avenue, Hot Springs, AR 71901
741 Park Avenue, Hot Springs, AR 71901
741 Park Avenue, Hot Springs, AR 71901
741 Park Avenue, Hot Springs, AR 71901
741 Park Avenue, Hot Springs, AR 71901
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$ 1,725,000
Est. payment | /mo

8,974 SqFt


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$ 1,725,000
Est. payment | /mo
Save

8,974 SqFt

Key Details

Property Type Commercial

Sub Type Hospitality

Listing Status Active

Purchase Type For Sale

Square Footage 8,974 sqft

Price per Sqft $192

Subdivision Us Hot Springs Reservation

MLS Listing ID 25034332

Year Built 1920

Tax Year 2024

Lot Size 0.660 Acres

Acres 0.66

Property Sub-Type Hospitality

Property Description

The Gold-Inn has been a cherished part of Hot Springs, Arkansas, since 1920. Located in Park Avenue's historic district, the charming motor lodge is a living tribute to the golden age of American travel. Gold-Inn is a 19-room boutique motor lodge centered around a charming 1905 manor. This classic set up reflects the character of Park Avenue, a historic neighborhood known for its grand old homes and vintage motor courts. Gold-Inn sees consistent and strong occupancy levels year-round. This is a turnkey opportunity for any investor looking for a stable and growing income stream. Everything is in place for you to hit the ground running. Additional units can be added for more rental income. Financials available upon request.

Location

State AR

County Garland

Area Hot Springs School District

Zoning CTR

Interior

Interior Features Window Treatments, Furnished, Ceiling Fans, Furniture Included, In-Unit Bathroom, Showers

Heating Window Units, Mini Split

Flooring Luxury Vinyl, Tile, Wood

Exterior

Exterior Feature Partially Fenced, Pole Sign

Parking Features 26 or More, Lot, Paved

Garage Spaces 46.0

Utilities Available Electric-Municipal, Gas-Natural, Sewer-Public, Water-Public

Roof Type Asphalt Shingle

Building

Foundation Slab/Crawl Combination, Slab - Concrete

New Construction No

Listed by White Stone Real Estate • Dane Thomson

Nearby Locations

Lora Blair

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

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741 Park Avenue