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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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.

501 N Hervey Street

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Related Properties

Established poultry farm situated on approximately 23.34 acres with improvements designed to support ongoing agricultural operations. The property includes 2 poultry houses updated in 2024, 2 mobile homes, and a remodeled main residence containing approximately 1,734 +/- square feet. Additional improvements include a hay barn, pole barn, well house, pond, and fenced/cross-fenced areas. The property offers a functional layout with infrastructure already in place for agricultural use and has a long history of poultry production. Conveniently located near the University of Arkansas Southwest Research and Extension Center, this property provides an opportunity for continued agricultural use with multiple improvements situated on approximately 23.34 acres. Square footage information reflects the main residence only. Agents see remarks.
#26023346

Hope

389 N Highway 174

None Beds

None Baths

1,734 Sq.Ft.

$1,100,000

MLS#: 26023346

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