This 20.32-acre property, made up of two combined tracts, is perfectly suited for residential development. Currently zoned R4 Medium/High Residential, it offers endless possibilities--build apartments, duplexes, townhomes, or single-family residences in a high-demand area. Plus, conditional uses allow for charitable institutions, lodges, daycare centers, home occupations, nursing homes, bed & breakfasts, and similar uses (see page 45 of the Hot Springs Zoning Code at cityhs.net for details). Hot Springs Marina is right across the street, making this an ideal spot for potential boat storage or lake-related businesses. Plus, Central Ave. is just minutes away, offering easy access to shopping, dining, and conveniences.