Medical Office Building with
405 W 16th Street Hope, AR 71801
405 W 16th Street, Hope, AR, 71801
$225,000
For Sale
$225,000
COMMERCIAL - Hope, AR
Property Size3,159 SF
Lot Size0.82 Acres
Price / SF$71.23
Days on Market348
Property Features for 405 W 16th Street
General Information
- Property type
- Commercial Sale
- Property subtype
- Other
- Parking
- 10
- Interior features
- In-Unit Bathroom, Showers
- Exterior features
- Landscaping
- Standard status
- Active
- Size
- 3,159 SF
- Lot size
- 0.82 Acres
Taxes and HOA fees
- Tax Description
- see attachment
Building Details
- Year built
- 1979
- Floors in Building
- 1
- Flooring type
- Vinyl, Carpet - Partial
- Roof type
- Composition
Listing Agency
Lance & Associates Real Estate
(870) 777-1420
411 W Ave C POB 735, Hope, AR
Listed by
Lindsey Townsend
(870) 299-1971
Added: Aug 6, 2025 Checked: Jul 19 at 6:06 pm
MLS# 25031525
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.
Investment Insights
Based on property information with market context.
This former medical office building was built in 1979 and contains approximately 3,159 SF of leasable area, plus additional interior areas per appraisal including a small equipment room and enclosed/rear entry space. The structure is described as a frame and brick veneer medical office with a concrete foundation and a brick exterior. The site is improved with concrete parking and drives, concrete walks, grassy areas, and established landscaping. The roof is listed as composition shingles, with age and condition unknown, and past roof leaks were reportedly apparent at interior ceiling tiles in the appraisal.
The property sits on an approximately 0.82-acre site per appraisal, with site improvements and parking/drive noted as located on the portion owned as a 2/3 undivided interest, while a small portion of the footprint and rear of the building/drive is owned in fee simple.
For reference in the appraisal, the property includes tax IDs 070-05613-000-C and 070-05613-002-C. See attachment for additional information.
The property sits on an approximately 0.82-acre site per appraisal, with site improvements and parking/drive noted as located on the portion owned as a 2/3 undivided interest, while a small portion of the footprint and rear of the building/drive is owned in fee simple.
For reference in the appraisal, the property includes tax IDs 070-05613-000-C and 070-05613-002-C. See attachment for additional information.
Key Highlights
- Medical office building built in 1979 with brick exterior and composition shingle roof
- Approximately 3,159 SF of leasable area plus a 102 SF equipment room, and 90 SF rear entry/enclosed area (per appraisal)
- 0.817‑acre site (per appraisal) with concrete parking/drive, concrete walks, grassy areas, and established landscaping
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Dr. George Garrett
Pediatrician
Garrett Debbie
Physician
Veronica Newburn
Physician
Access Medical Clinic: ...
Medical Clinic
Emma Bissell
Physician
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FAQs
What type of property is this?
Medical Office Space - Built in 1979, this brick medical office includes concrete parking, drives, and composition shingle roofing.
Where is this medical office space located?
The property is located at 405 W 16th Street Hope, AR.
What is the asking price?
The asking price for this property is $225,000.
What are key features of this property?
This property features: Medical office building built in 1979 with brick exterior and composition shingle roof; Approximately 3,159 SF of leasable area plus a 102 SF equipment room, and 90 SF rear entry/enclosed area (per appraisal); 0.817‑acre site (per appraisal) with concrete parking/drive, concrete walks, grassy areas, and established landscaping
