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For sale
  • $1,350,000

    501 N Hervey St, Hope, AR 71801

    --beds
    0baths
    8,400sqft
    : 
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    Other
    Built in ----
    0.35 Acres Lot
    $-- Zestimate®
    $161/sqft
    $-- HOA

    What's special

    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.
    315 days
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    67
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    2
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    Zillow last checked:

    Listed by:

    Jason Edington,

    Keller Williams Realty Little Rock 501-907-5959

    Source: REALSTACK,MLS#: 24022710

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bathrooms: 0
      Features
      • Has basement: No
      Interior area
      • Total structure area: 8,400
      • Total interior livable area: 8,400 sqft
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      Property

      Lot
      • Size: 0.35 Acres

      Construction

      Type & style
      • Home type: SingleFamily
      • Property subtype: Other

      Community & HOA

      Location
      • Region: Hope

      Financial & listing details

      • Price per square foot: $161/sqft
      • Date on market: 9/11/2025
      • Lease term: Contact For Details

        Estimated market value

        Not available

        Estimated sales range

        Not available

        Not available

        Price history

        DateEventPrice
        9/11/2025Listed for sale$1,350,000$161/sqft
        Source: REALSTACK #24022710 Report a problem

        Public tax history

        Tax history is unavailable.

        Monthly payment

        Est. payment

        Payment breakdown

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        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.
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        Climate risks

        Neighborhood: 71801

        Getting around

        48 / 100
        Car-Dependent
        45 / 100
        Somewhat Bikeable

        Nearby schools

        GreatSchools rating

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