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Commercial > Specialty
Active
08/06/2025
List Price
$225,000$71/ft²

405 16th St
Hope, AR 71801

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  • 405 16th St, Hope, AR 71801 is a 3,159 ft² commercial specialty property property built in 1979 on a 0.820 acre lot. This commercial specialty property is currently for sale for $225,000, and it was last sold in 2017 for $5,900,000.

    MLS Description

    The listing agent's description. Original Listing

    • Formally Dr. Garrett’s medical office. • Built in 1979. • Approximately 3,159 SF of leasable area, with 102 SF of equipment room, and 90 SF at the rear entry/enclosed area, per appraisal. • Tax ID: 070-05613-000-C and 070-05613-002-C. • 0.817 acre, per appraisal. • Per appraisal: The structure was reportedly built in 1979, and past roof leaks were apparent at interior ceiling tiles, etc. The property includes a small portion of the site that is the footprint and rear of the building/drive owned in fee simple ownership and the 2/3’s interest in the parking/drive was adjusted at a separate line, since the ownership is not 100%. • Per appraisal, Site Improvements: The site is improved with a frame and brick veneer medical office structure that reportedly was constructed in 1979. Site improvements include concrete parking and drives, concrete walks, grassy areas and established landscaping. The parking area/drive and landscaping appear to be located on the portion of the property that is owned as 2/3’s undivided interest. • Roof: Composition shingles – unknown age/condition. • Concrete foundation. Brick Exterior. • SEE ATTACHMENT

    Listing Agents

    The listing agent for 405 16th St is Lindsey Townsend.

    Current Ownership

    Information about the current owner(s).

    Property History

    405 16th St has undefined property events records (listings, deeds, permits, tax, foreclosure, loan).

    Property Events

    Environment

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    School Information

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    Neighborhood

    This property is located in 71801.

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    Copyright © 2025 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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