1009 N Hervey Street Hope, AR $ 579,000
1009 N Hervey Street
$ 579,000
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1009 N Hervey Street

Hope, AR, 71801
$ 579,000
Bedrooms-- Baths-- Sq 6,012

Monthly Estimate*

$ 3,656

1009 N Hervey Street, Hope, AR 71801 - Image 1
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Commercial Property for sale in Hope, AR for $579,000. This 6,012 square foot building was built in 1984 on a lot size of 1.17.

This fully-leased, three-tenant retail center at 1009 N Hervey St offers investors a rare combination of strong in-place income and an outstanding 11% cap rate. The 6,000 SF building is 100% occupied by a mix of national, regional, and local tenants, providing built-in diversification and reduced rollover risk. All leases are structured as NNN or modified gross, minimizing landlord responsibilities and supporting stable, low-management cash flow. The sale also includes an adjacent 0.83-acre vacant lot behind the building, offering future expansion, outparcel development, or additional parking potential. Positioned along a well-traveled Hervey Street corridor in Hope, Arkansas, this is a turnkey investment opportunity for a buyer seeking dependable returns with upside.

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Commercial Active

Price

$ 579,000

Property Type

Commercial

Taxes

$ 0

Style

Lot Size

1.17

Year Built

1984

Town/City

Hope

MLS | Web ID

1354985

Features
General
Year Built 1984
Property Subtype Retail
Current Use Retail
Additional Parcels Description 700-05141-001
New Construction false
Property Type Commercial Sale
Status Active
Directions From I-30 Take exit 30 onto N Hervey St. Head east and the property will be on your left next to Super 1 Foods.
City Hope
Disclosures Sellers Disclosure Not Available
Lot Size Units Acres
Virtual Tour https://tour.nwarealtors.org/1009-N-Hervey-Street-Hope-AR-71801/unbranded
Standard Status Active
Tax Lot N/A
Property Sub Type Additional Retail
Legal Description Hope acreage PT SE NE
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Interior
Basement (Y/N) false
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Exterior
Lot Features Central Business District
Lot Size Area 1.17
Building Area Total 6012
Lot Size Acres 1.17
Road Frontage Type Main Thoroughfare
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* Excluded Features
List By
Lindsey & Associates Inc

Broker

jpederson@lindsey.com

Email

Affordability Calculator

$3,656
Per Month
100%
0%
0%
Monthly Principal & Interest
$3,656
Monthly Property Taxes
--
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
4827338 Elementary School
4827337 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/13/2026$579,000 Listed Price

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1009 N Hervey Street, Hope, AR, 71801 is a Commercial Property for sale at $579,000 with 6,012 sqft and a lot size of 1.17. 1009 N Hervey Street was built in 1984. The property's zip code is 71801 which is in Hope, AR