Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
1998
Sq.Footage
8,400
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.
Features & Amenities
Interior
-
Total Bedrooms
N/A
-
Bathrooms
N/A
-
Cooling YN
YES
-
Cooling
Electric
-
Heating YN
YES
-
Heating
Central, Electric
-
Pet friendly
N/A
Exterior
-
Garage
No
-
Pool
No
Area & Lot
-
Lot Features
Level
-
Lot Size(acres)
0.37
-
Property Type
Commercial Sale
-
Property Sub Type
Business
-
Architectural Style
Traditional
Price
-
Sales Price
$1,350,000
-
Tax Amount
$2,962
-
Sq. Footage
8,400
-
Price/SqFt
$160
HOA
-
Association
No
School District
-
Elementary School
N/A
-
Middle School
N/A
-
High School
N/A
Property Features
-
New Construction
NO
-
Foundation Details
Slab
-
Sewer
Public Sewer
-
Water Source
Public
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Location
County
Hempstead
Elementary School
Middle School
High School
Listing Courtesy of Jason Edington, Keller Williams Realty Hot Springs
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REALTOR® | Hablo Español
Erika Nava
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