8,400 sqft

$1,350,000

501 N Hervey Street, Hope AR, 71801

Price per sqft$160.71

Built in1998

Property size8,400 sqft

Property typeCommercial

Overview

Active

Listed Jun 27, 2024

Updated 41h ago

Introducing a distinguished and appealing income-producing investment opportunity in the highly sought after commercial district of Hope, AR – a shopping center at 501 North Hervey Street, an address that denotes high visibility and promising potential. Immerse yourself in the bustling commercial brilliance of the North Hervey Shopping Center, a thriving hub for local commerce and retail businesses. This property is entirely leased by three long-term tenants, offering an investor a steady income stream from moment one. A proven asset, this shopping center exudes both stability and growth. The exterior of the building stands out amidst its surroundings, promising an inviting and professional atmosphere. The property has been upheld with meticulous attention, maintaining its appeal through the changing times. It basks in the advantages offered by its premium location, inviting passersby with active pedestrian traffic and serving as a notable landmark in the cityscape. The property has the added benefit of recent improvements, which include a new PVCMembrane Roof, a feature that notably enhances the property’s value and durability.

Other Property Details

Taxes: $2,962
Tax Frequency: Annually

Courtesy of Keller Williams Realty Hot Springs, Jason Edington

Listing Contact: 870-210-1445

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Data last updated 11/3/2026, 4:54 AM UTC.