• Asking Price $1,350,000
  • 501 N HERVEY ST HOPE, AR 71801

  • 8,400 SqFt
  • Commercial / Resale (MLS)

Property Details for 501 N HERVEY ST, HOPE, AR 71801

Features

  • Price/sqft: $160
  • Total Units: 3
  • Stories: 100
  • Roof Type: STEEL FRM/TRUSS
  • Heating: Central Furnace
  • Exterior Walls: Stucco

Facts

  • Year Built: 01/01/1998
  • Property ID: 895137388
  • MLS Number: 24022710
  • Parcel Number: 700-05067-002
  • Property Type: Commercial
  • County: Hempstead
  • Legal Description: PT SW 28-12-24 COMMENCE AT THE NW CORNER OF BLOCK 8 OF THE CITY OF HOPE, HEMPSTEAD COUNTY, ARKANSAS, AND RUN THENCE NORTH 17
  • Listing Status: Active

Sale Type

This is an MLS listing, meaning the property is represented by a real estate broker, who has contracted with the home owner to sell the home.

Description

This listing is NOT a foreclosure. 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 propertys value and durability.

Real Estate Professional In Your Area

Need help finding a home?
Contact a Real Estate Pro.



Are you a Real Estate Agent?

Get Premium leads by becoming a RealtyStore.com preferred agent for listings in your area

Learn More

Click here to view more details
Property Brokerage: Keller Williams Realty 1820 Central Ave Hot Springs AR 71913
Copyright © 2024 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.



All information provided is deemed reliable, but is not guaranteed and should be independently verified.