1321 Main StHope, AR 71801

Property Details for 1321 Main St

Property size (Sq ft)

2,474 SF

Property type

Retail properties

Property subtype

Drug stores

Description

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.

Location Insight

City

Hope

County

Hempstead

State

Arkansas

Latitude

33.6563

Longitude

-93.5879

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