Property summary
This exceptional commercial property at 1321 S. Main Street in Hope, Arkansas, presents a compelling value-add investment opportunity. The 2,474-square-foot building, classified as Class A, sits on a 5,486-square-foot lot and is currently vacant, offering immediate potential for lease income. The property is zoned for commercial use and features a fully remodeled bathroom with a shower. The asking price is $150,000, translating to $60.63 per square foot. The single-story building includes five parking spaces and a 15x25-foot storage building/garage. Located in a thriving market on S. Main Street, this property is ideal for a variety of retail uses, including pharmacy/drug stores and quick-service restaurants (QSR). The property's vacant status allows for immediate customization to suit a tenant's specific needs, maximizing rental income potential. This is a rare chance to acquire a well-situated, versatile commercial space in a growing Arkansas market. The property's strong location and flexible zoning make it an attractive investment for both experienced and new investors seeking a high-return opportunity.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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