Multi-Tenant Office
New
For Sale
$239,000
222 N Hervey Street, Hope, AR 71801
Commercial / Industrial, Hope, AR
Property Size2,964 SF
Lot Size0.77 Acres
Price / SF$80.63
Days on Market3
Property Features for 222 N Hervey Street
General Information
Property type
Commercial Sale
Property subtype
Other
Parking
10
Subdivision
Frisco
Directions
Next to Sherwin Williams
Standard status
Active
APN
700-02124-000-C
Size
2,964 SF
Lot size
0.77 Acres
Taxes and HOA fees
Tax Year
2025
Tax Description
see attachment
Tax Annual Amount
1834
Legal Description
see attachment
Building Details
Year built
1970
Floors in Building
1
Roof type
Composition
Listing Agency:
Lance & Associates Real Estate
(870) 777-1420
Listed By:
Lindsey Townsend
(870) 299-1971
Added: Oct 13
Changed: Oct 15
Last Checked: Oct 15 at 10:06PM
MLS# 26041709
Copyright © 2026 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.
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Investment Insights
Based on property information with market context.
This office property contains four separate suites in a 2,964-square-foot building constructed in 1970. The spaces are occupied by a resale shop, beauty business, home care provider, and dog grooming business, with each suite on a month-to-month lease. The roof dates to approximately 2014, and the building has four HVAC units, two installed in 2014 and two older units.
The property occupies 0.774 acre at 222 N Hervey Street in Hope, Arkansas. It is zoned CI, commercial improved, and includes ample parking. A survey is dated 07/01/2021.
The property occupies 0.774 acre at 222 N Hervey Street in Hope, Arkansas. It is zoned CI, commercial improved, and includes ample parking. A survey is dated 07/01/2021.
Key Highlights
- Four separate office suites with month‑to‑month leases
- 2,964‑square‑foot building constructed in 1970
- 0.774 acre, zoned CI, commercial improved
Property Analytics
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Current Use
Lease Details
4
Office units
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
524
Businesses Nearby
Explore this area
Business Placement
Demographics for 71801, AR
14,991
Population
6,900
Households
2.2
Avg Household Size
39
Median Age
14%
College-Educated
82%
High-School Grad
297.7 sq mi
ZIP Area
50
Density / Sq Mi
$47,723
Median Household Income
$37,035
Median Earnings
$775
Median Rent
$98,200
Median Home Value
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Market
Vacancy Rate% for Office in South region
Frequently Asked Questions
What type of property is this?
Office building - Four separately occupied suites offer month-to-month leasing flexibility within a commercial-improved property.
Where is this office building located?
The property is located at 222 N Hervey Street Hope, AR.
What is the asking price?
The asking price for this property is $239,000.
What are key features of this property?
This property features: Four separate office suites with month‑to‑month leases; 2,964‑square‑foot building constructed in 1970; 0.774 acre, zoned CI, commercial improved
