High visibilityInviting and professional atmosphere
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 PVC
Membrane Roof, a feature that notably enhances the property's value and durability. Practical and aesthetically appealing, these
thoughtful renovations reflect careful thought towards longevity. Enveloped within a vibrant commercial district, the property offers easy
access to a myriad of businesses and services, making it a preferred destination for shopping enthusiasts. The shopping center
capitalizes on the foot traffic that the area sees on an everyday basis, adding to its income potential. Exuding an ambience of potential
and possibilities, 501 North Hervey Street is an investment that reaps rewards in multiples. It is a distinctive property that has been
carefully maintained to promote sustained growth through enduring appeal. The combination of high visibility, the promise of steady
income, and the premium location make it an exceptionally enticing prospect for the pragmatic investor. In essence, the shopping
center at 501 North Hervey Street is more than just a property – it's a thriving commercial kingdom waiting for its next monarch. This is
an invitation to own a substantial piece of Hope's pulsating commercial heart. Join the business narrative of Hope, AR, and let your
success story unfold.
Explore the cost of this home by adjusting the details. Changes won't be saved.
Principal & interest
$1,547
Mortgage insurance
$0
Property taxes
$170
Home insurance
$105
HOA fees
$0
Utilities
Not included
All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
See how much you could borrow to make a competitive offer.