Westinghouse Development Land

157 Westinghouse Drive Hot Springs, AR 71901

157 Westinghouse Drive, Hot Springs, AR, 71901
157 Westinghouse Drive, Hot Springs, AR, 71901 157 Westinghouse Drive, Hot Springs, AR, 71901 157 Westinghouse Drive, Hot Springs, AR, 71901
FOR SALE
Property Type:
Other Land
Amount:
$2,450,000
Last Verified:
Dec 06, 2024

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Highlights

  • - Versatile zoning allows for a range of retail development opportunities
  • - Ample space for building and parking
  • - Strategic location in the thriving Hot Springs area
  • - Ideal for a boutique storefront or shopping complex
  • - Prime investment potential in a dynamic business landscape

Description

Immerse yourself in the potential of this prime property, strategically located in the thriving Hot Springs area. Zoned for a variety of uses, including retail, this versatile space offers endless possibilities for development and investment. With its strategic location and ample space, the property provides an ideal canvas for realizing your retail vision. Whether you envision a boutique storefront or a bustling shopping complex, this property is poised to bring your retail investment aspirations to life. Don't miss this opportunity to become a part of the vibrant business landscape in the Hot Springs area.

Discover the vibrant energy of Hot Springs, AR, where the blend of natural beauty and urban amenities creates a dynamic backdrop for business success. The area is home to renowned historical sites, including Hot Springs National Park, and a thriving arts and culture scene. Nearby, the Bank of the Ozarks Arena hosts a variety of events, while the Hot Springs Convention Center is a hub for business gatherings. Local dining and shopping options abound, providing a welcoming atmosphere for professionals and residents alike. With its balance of commerce and community, the location offers a compelling setting for office building investment.

Lot Size: 13.0 acres


Documents

KW • Offering Memorandum (P)
KW • Brochure (P)

Map of 157 Westinghouse Drive, Hot Springs, AR, 71901

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What are Real Estate Incentives?

Real Estate incentives range widely and have been overlooked by the Commercial Multiple Listing Services (MLS) for decades. Real estate incentives is a generic term used to group any number of programs, such as tax incentives, that are designated by an agency for a geographic area."

Why are Real Estate Incentives Important and to Whom?

"Incentives" are vital today and in the future because:

  • U.S. Public: Many incentives focus on job creation and Affordable Housing
  • Investors and Commercial Developers use incentives to reduce financial risk, obtain gap financing, etc. Investors and developers look for property listings with incentives available.
  • Commercial Real Estate Brokers, in mass, unfortunately do not know about incentives tied to their listings
  • Entire Supply Chain of Real Estate Development such as small and large companies who will provide goods and services to new and revitalized properties.