317 23Rd StHope, AR 71801

Property Details for 317 23Rd St

Year built

1979

Lot size

0.13 AC

Property size (Sq ft)

1,920 SF

Property type

Warehouses

APN

700-05661-000-C

APU

70005661000C

Description

This 1,920-square-foot mixed-use property, located at 317 W 23rd St in Hope, Arkansas, presents a unique redevelopment opportunity. The building, constructed in 1979, sits on a 0.13-acre lot and is zoned for commercial use. Currently vacant, this Class B property offers a flexible layout suitable for various uses, including auto shop and creative office spaces. The existing structure features a sliding overhead garage door, ample storage, and a layout conducive to both shop and office functions. Its strategic location near a local university in a safe area provides access to a stable population base. The property's proximity to Highway 29 ensures high visibility and traffic exposure. Furthermore, the potential for cell tower rental adds a significant income stream opportunity. Priced at $180,000 ($93.75 per square foot), this property is an attractive investment for owner-users seeking a redevelopment project with strong potential for return. The single-story building offers 1,920 square feet of net rentable space.

Location Insight

City

Hope

County

Hempstead

State

Arkansas

Latitude

33.6459

Longitude

-93.5915

CBSA code

26260

CBSA name

HOPE, AR MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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