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Hope, AR Shopping Center Investment

501 North Hervey Street Hope, AR 71801

Claim this Listing
For Sale
$1,350,000

Income-producing shopping center in Hope, AR with long-term tenants.

Type:SCR-COM, SCR-PAD, SCR-REST
Added:
Aug 14, 2024
Days on Market:
696
Last Refresh:
Jun 30 at 1:05 am

Property Features for 501 North Hervey Street

General Information

Standard status
Active
Property subtype
SCR-COM, SCR-PAD, SCR-REST

Listing office Keller Williams Realty

Listing date Aug 14, 2024

Source Realnex

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 Keller Williams Realty


Investment Insights

Based on property information with market context.

Located in the commercial district of Hope, AR, the North Hervey Shopping Center at 501 North Hervey Street is an income-producing investment opportunity. The property is entirely leased by three long-term tenants, providing a steady income stream. The shopping center is a hub for local commerce and retail businesses. The exterior of the building offers an inviting and professional atmosphere. The property has been maintained with attention to detail. Its location provides high visibility, active pedestrian traffic, and serves as a landmark in the cityscape. Recent improvements include a new PVC Membrane Roof. The property offers easy access to businesses and services, making it a destination for shopping. The shopping center benefits from the area's foot traffic, adding to its income potential. The property has been maintained to promote sustained growth. The combination of high visibility, steady income, and location make it an investment prospect.

Key Highlights

  • Fully leased by three long‑term tenants, providing a steady income stream.
  • High‑visibility location in a sought‑after commercial district.
  • Recent improvements, including a new PVC Membrane Roof, enhancing value and durability.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Edward Jones - Financial ... Financial Advisor El Agaves Mexican ... Restaurant Jamie L. Bobo, ... Physician

Suggested Use

Real Estate Agency HVAC Service Parking Lot & Garage Skin Care Clinic Cafe & Coffee Shop Computer & Electronic Repair Law Firm Dental Office Locksmith Storage Facility

Zoning and permitted uses should be independently verified with local authorities.

Similar Off Market Nearby

  • North Hervey Street Shopping Center 535 N Hervey St, Hope, AR 71801
  • Expo Shopping Center 1301 N Hervey St, Hope, AR 71801

FAQs

What type of property is this?
Shopping center - Income-producing shopping center in Hope, AR with long-term tenants.
Where is this shopping center located?
The property is located at 501 North Hervey Street Hope, AR.
What is the asking price?
The asking price for this property is $1,350,000.
What are key features of this property?
This property features: Fully leased by three long‑term tenants, providing a steady income stream.; High‑visibility location in a sought‑after commercial district.; Recent improvements, including a new PVC Membrane Roof, enhancing value and durability.
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