Conventional Restaurant

Hope, AR Conventional Restaurants for Sale

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Hope, AR Restaurant Opportunity
Updated: Apr 16, 2022
Hope, AR Restaurant Opportunity

2406 N Hervey St, Hope, AR 71801

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4,684 sqft 1.04 AC lot
Established Mexican restaurant business opportunity.
High‑traffic location near Walmart Supercenter, hotels, and fast‑food chains.
Property features a 4,684 SF building on 1.04 acres of land.
Strong sales history: $1,400,000 in 2019.
Sales of $1,200,000 in 2021 despite closures.
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Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Hope, AR, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Updated Mixed-Use Commercial Building
Updated Mixed-Use Commercial Building

1514 Arkansas Blvd, Texarkana, AR 71854

$795,000
10,126 sqft 1.76 AC lot

The property combines food-service infrastructure, flexible gathering space, and a remodeled office suite.

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Commercial Kitchen Property
Commercial Kitchen Property

405 E 51st St, Texarkana, AR 71854

$660,000
4,024 sqft 0.60 AC lot

Operational kitchen facility with brick construction, central HVAC, and public sewer service.

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Drive-Through Restaurant Building
Drive-Through Restaurant Building

447 California Ave, Camden, AR 71701

$280,000
3,870 sqft

Configured for food service with drive-up service, preparation areas, and utility hookups.

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Restaurant Building with Drive-Up Windows
Restaurant Building with Drive-Up Windows

447 California Ave, Camden, AR 71701

$280,000
3,870 sqft 0.39 AC lot

Restaurant facility with food-preparation areas, outdoor seating, accessible entry, and flexible customer-facing space.

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Hope, AR Conventional Restaurants Market Trends and Statistics

Explore 1 conventional restaurants for sale in Hope, AR on our real estate platform. These investment opportunities span a total of 4,684 square feet of properties for sale.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Conventional restaurants 1

Demographics Overview

Population 15K
Population Growth (5Y) -12.1%
Median Household Income $47,723
College Educated 9.5%

Taxes & Financing

Tax Rate (average for all types) 4.82%
Property Tax per SF $88.32 per SF
Average Loan-to-Value 65.0%

Total CRE Inventory on Market (SF)

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