$550,000
Commercial Property for Sale in San Bernardino California 92404
San Bernardino, California
Soft OfferCommercial Property for Sale in Hot Springs Arkansas 71901
130 Illinois St, Hot Springs, Hot Springs, Arkansas 71901
$489,000
$58 / sq ft Listed May 1, 2024
8,500 sqft
Building
2
Units
Class C
Class
About this property
Commercial Property for Sale in Hot Springs Arkansas 71901 is an industrial for sale in Hot Springs, Arkansas, listed at $489,000. Key details: building size 8,500 sqft, total units 2, building class Class C, property status Normal Sale. Listed by Brandon Robinson of Calvary Realty on LoopingCloud and last updated August 15, 2025.
John 14:6 - Jesus said unto him "I am the way, the truth, and the life. No one comes to the Father except through Me"
Calvary Realty is pleased to offer Block Space Solutions Arkansas, a self-storage investment opportunity in Hot Springs, AR.
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Location: 130 Illinois Street, Hot Springs, AR (part of the 100,089-person Hot Springs Metropolitan Statistical Area).
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Pricing: $489,000 (just $57.53 per square foot).
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Proforma Cap Rate: 15.76%.
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Property Details: 8,500 total square feet, 68 units across two buildings on 0.78 acres.
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Occupancy: 13% (strong lease-up potential).
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Market Fundamentals: Low market supply with only 5.5 square feet of storage per capita within a 3-mile radius. The property is visible from Highway 70, which has an 8,100 daily traffic count.
Key highlights
- Number of Storage Units 68
- Low Price Per Sq. Ft
- 4.14 sq. ft. per capita (1 Mile Radius)
- 11th Most Populous City in Arkansas
- Recent Capital Improvements
- Highway Visibility
- 38,114 Residents
- Potential for Double Digit Returns
- Adjacent to Hot Springs National Park
- Home to Multiple Tourist Attractions
Lending Opportunities
| Company | Lender type | Contact | Phone | |
|---|---|---|---|---|
| TheLoanProsTeam | Mortgage Broker | Roxanne Chung | (754) 707-5877 | |
| Money Solutions, LLC | Mortgage Broker | Jennifer A. Judice | (813) 431-5000 |
Property details
Key facts
- Building Size
- 8,500 sqft
- Total Units
- 2
- Building Class
- Class C
- Property Status
- Normal Sale
- Building Status
- Existing
Pricing details
- Financing
- Third Party Financing
- Investment Property
- Active investment property
Investment snapshot
$58
Price per sq ft
Acquisition options
| Option | Asking price | Cap rate | Commission | Monthly income | Ownership |
|---|---|---|---|---|---|
| Purchase Only | $489,000 | 0.03% | - | - | - |
Features and amenities
Highlights
- Number of Storage Units: 68
- Low Price Per Sq. Ft
- 4.14 sq. ft. per capita (1 Mile Radius)
- 11th Most Populous City in Arkansas
- Recent Capital Improvements
- Highway Visibility
- 38,114 Residents
- Potential for Double Digit Returns
- Childhood Hometown of President Bill Clinton
- Adjacent to Hot Springs National Park
- Home to Multiple Tourist Attractions
Location
Address as shown by the lister.
Get directionsAbout this area - Hot Springs National Park
- Population
- 29,544
- Housing units
- 14,017
- Land area
- 109.2 sq mi
- County
- Garland
Neighborhood
Places shown on the map come from Google Maps and are near the property. Check details with each place before you rely on them.
Documents, links and contacts
Property documents
4 files to downloadAdditional contacts
1 person to reach- Geramie Bascomb gbascomb@calvaryrealty.comInvestment Advisor-CA License #02188693 (909) 701-7770
Frequently asked questions
What is the asking price of Commercial Property for Sale in Hot Springs Arkansas 71901?
Commercial Property for Sale in Hot Springs Arkansas 71901 is listed at $489,000. That works out to about $58 per square foot.
Where is Commercial Property for Sale in Hot Springs Arkansas 71901 located?
The property is in 130 Illinois St, Hot Springs, Hot Springs, Arkansas 71901, Garland County.
What type of property is this?
This is an industrial for sale in the commercial category.
How big is the property?
The building is 8,500 sqft.
Is financing available?
The lister indicates: Third Party Financing.
Who do I contact about this listing?
Brandon Robinson of Calvary Realty listed this property. Use the Request Info button to send a message or call (909) 380-0073.
When was this listing published?
It was published on May 1, 2024 and last updated on August 15, 2025.
Listing information
- Listing ID
- CL-Arkansas-10449
- Published
- May 1, 2024
- Last updated
- Aug 15, 2025
- Views
- 777
Report a problem with this listing
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