Property summary
Located at 501 S. Main Street in the Original Town of Hope, Arkansas, this property includes a 1940-built commercial building and associated land. The building totals approximately 5,815 square feet, with about half configured as showroom space and half as warehouse space, and features 16-foot ceilings and concrete floors. It includes an office and workspace, a half bathroom, and storage/warehouse areas, with a warehouse overhead door providing direct access for deliveries. Refrigeration support includes a 10x36 walk-in cooler plus an additional smaller walk-in cooler for overflow. Building systems include a roof update reported around 2019 and a HVAC system installed in 2023 by Hollis Heat & Air. The property is comprised of two parcels: 501 S. Main (parcel 700-00343-000-C), measuring approximately 40.5 x 142 and zoned (CI) Comm. Impr., and 503 S. Main (parcel 700-00344-000), measuring approximately 30 x 75.26 and zoned (CV) Comm. Vacant. The property has previously been used as a flower shop business, and is suitable for retail/showroom and light warehouse or distribution uses based on its interior layout and delivery access.
Property profile
VerifiedCap rate & NOI
Current use
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(Bike/Boat/Book/etc) Store Florist
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Value estimation
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Cap rate
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Price sensitivity
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Property tax & assessments
Tax year 2023Property 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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