501 N Hervey, Hope, AR 71801

  • $1,350,000
  • $1,350,000
501 N Hervey, Hope, AR 71801
  • Commercial / Industrial
  • Property Type
  • 8400
  • Sqft
  • 1998
  • Year Built
For Sale

501 N Hervey, Hope, AR 71801

501 N Hervey, Hope, AR 71801
  • $1,350,000
  • $1,350,000

Description

Introducing a distinguished and appealing income-producing investment opportunity in the highly sought after commercial district of Hope, AR – a shopping center at 501 North Hervey Street, an address that denotes high visibility and promising potential. Immerse yourself in the bustling commercial brilliance of the North Hervey Shopping Center, a thriving hub for local commerce and retail businesses. This property is entirely leased by three long-term tenants, offering an investor a steady income stream from moment one. A proven asset, this shopping center exudes both stability and growth. The exterior of the building stands out amidst its surroundings, promising an inviting and professional atmosphere. The property has been upheld with meticulous attention, maintaining its appeal through the changing times. It basks in the advantages offered by its premium location, inviting passersby with active pedestrian traffic and serving as a notable landmark in the cityscape. The property has the added benefit of recent improvements, which include a new PVCMembrane Roof, a feature that notably enhances the property’s value and durability.

Details

Updated on October 2, 2024 at 9:21 pm
  • Property ID: hz-7068862
  • Price: $1,350,000
  • Property Size: 8400 Sqft
  • Land Area: 0.37 Acre
  • Year Built: 1998
  • Property Type: Commercial / Industrial
  • Property Status: For Sale
  • MLS#: 24022710
  • Office Name: KELLER WILLIAMS REALTY HOT SPRINGS
  • Agent Name: Jason Edington
  • MLS Status: Active

Additional details

  • List Agent MLSID: 16890
  • List Office MLSID: 2227
  • Listing Date: 2024-06-27
  • # Half Baths: half_bathroom
  • Annual Taxes: 2962
  • Tax Year: 2023
  • Approx Lot Size: .37
  • Subdivision: Metes & Bounds
  • Possession: Immediately-With Deed,Negotiable,At Closing
  • Floors: Concrete
  • List Price/Square Foot: 160.71
  • New Construction?: No
  • Exterior Features: Other (see remarks)
  • Foundation: Slab
  • Roof: Other (see remarks)
  • Showing Instructions: By Appointment Only,Occupied,Tenant Occupied
  • Utilities: Sewer-Public,Water-Public,Electric-Municipal,Gas-Natural,TV-Cable,Telephone-Private
  • Style: Traditional
  • Internet Publication: 1. Yes
  • Green Home Certified: NO
  • Office Identifier: 2227
  • Road Surface: Paved
  • Lot: Level,City Lot
  • Lease Type: Monthly,Two Years or More
  • Address 501 N Hervey
  • City Hope
  • State/county AR
  • Zip/Postal Code 71801
  • Area HEMPSTEAD COUNTY
  • Country United States

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