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Auto Shop with Service Equipment
For Sale
$165,000

321 3rd St, Hope, AR 71801

An attached shop adds workspace to the original two-bay building, which also includes an office.

Property SizeContact for details
Days on Market356

Property Features for 321 3rd St

General Information

Standard status Active
Property subtype Commercial

Automotive

Service Bays 2
Automotive Uses auto repair, towing

Additional Details

Real Estate Included Yes

Building Details

Year Built 1950
Buildings 2
Listing Agency: Walker Realty
Listed By: Jackie Crider
Source: Gregrichandassociates
Added: Nov 7, 2025 Changed: Oct 26 Last Checked: Oct 26 at 3:55AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Walker Realty

Rey
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Investment Insights

Based on property information with market context.

The property combines a 1950 front building with two service bays and an office, plus a connected 3,220-square-foot shop constructed in 2010. Equipment includes four 10,000 lb. 2-post lifts, an industrial air compressor, a tire machine and wheel balancer, and a shop heater. The inventory also includes an industrial stainless-steel sink with water heater, a 150-gallon oil recovery tank, and office furnishings.

Key Highlights

  • Four 10,000 lb. 2‑post lifts
  • Connected 3,220‑square‑foot shop built in 2010
  • 1950 front building with two bays and an office

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Reese's Towing and auto ... Auto Repair Shop

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office HVAC Service Storage Facility Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Service bays

Location Intelligence

Trade Area within ½ mile

472
Businesses Nearby
59k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 60% Dining 37% Home Improvements & Furnishings 2% Electronics 1%
SONIC Drive In Dining
10,724 visits/mo 0.1 miles
Mobil Shops & Services
6,415 visits/mo 0.2 miles
Family Dollar Shops & Services
6,369 visits/mo 0.5 miles
Dollar General Shops & Services
5,722 visits/mo 0.5 miles
Farmers Bank Shops & Services
4,756 visits/mo 0.4 miles

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025

Similar Off Market Nearby

  • Chavas Autoshop — 1206 S Walnut St, Hope, AR 71801
  • Cervantes tire shop — W 6th St, Hope, AR 71801
  • Jumani Tire Service
  • Wylie Glass and Salvage Inc — 1501 W 3rd St, Hope, AR 71801
  • Bridgestone Commercial Service — 1501 W Avenue A, Hope, AR 71801

Frequently Asked Questions

What type of property is this?
Auto shop - An attached shop adds workspace to the original two-bay building, which also includes an office.
Where is this auto shop located?
The property is located at 321 3rd St Hope, AR.
What is the asking price?
The asking price for this property is $165,000.
What are key features of this property?
This property features: Four 10,000 lb. 2‑post lifts; Connected 3,220‑square‑foot shop built in 2010; 1950 front building with two bays and an office
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