Prime downtown location in the heart of Malvern's business district with good visibility and accessibility. Property updated in 1991; see architectural plans at the building. Tenant renovated in 2000. Upper level expanded (~ 687 sq. ft.) with plumbing and electrical for kitchen, shower, sink and toilet. Even space for a bedroom and storage. Downstairs has a lounging room and space for a washer and dryer. This adds mixed-use potential (retail downstairs + residential loft upstairs), which can appeal to owner-users or investors seeking extra income from living quarters. Recent upgrades: Two new heating and cooling units (2023, $18,800 cost) for 2-zone climate control, improving comfort and reducing immediate buyer costs. In early 2024, the lighting fixtures were transitioned to energy-efficient LED lighting in the main 16-foot retail space. No monthly maintenance!
| MLS # | 26044480 |
|---|---|
| Listing Type | For Sale |
| Style | Building And Land |
| Sub-Type | For-lease |
| Status | Active |
| Year | 1972 |
| Days On Site | 8 |
| Listing Provided By | ERA TEAM Real Estate | Kay Osborne |
| SQ Feet | 4,921 |
|---|---|
| Zoning | Central Business |
| Acreage | 0.22 |
| Exterior | Brick & Frame Combo, Block, Steel |
|---|---|
| Foundation | Slab - Concrete |
| Utilities | Electric-Municipal, Gas-Natural, Sewer-Public, Water-Public |
|---|
| Property | 819 |
|---|
| State | AR |
|---|---|
| County | Hot Spring |
| City | Malvern |
| Zip Code | 72104 |
| Area | MALVERN |
| Subarea | MALVERN |
| Community Name | Lund and Hill Origtownmal |
| Listing VS Median (in Lund and Hill Origtownmal) | |
Price: $330,000 low | high Med: $330,000 sqft: 4,921 low | high Med: 4,921 $ / sqft: $67 low | high Med: $67 On site: 8 low | high Med: 8 | |
| State | AR |
|---|---|
| County | Hot Spring |
| City | Malvern |
| Zip Code | 72104 |
| Area | MALVERN |
| Subarea | MALVERN |
| Community Name | Lund and Hill Origtownmal |
| Listing VS Median (in Lund and Hill Origtownmal) | |
Price: $330,000 low | high Med: $330,000 sqft: 4,921 low | high Med: 4,921 $ / sqft: $67 low | high Med: $67 On site: 8 low | high Med: 8 | |