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Hope Floral 501 S Main St 5,815 SF Retail Building Hope, AR 71801 $400,000 ($68.79/SF)
Executive Summary
Established Flower Shop – Hope’s iconic Hope Floral
TURN KEY
Hope Floral
501 S. Main Street
Hope AR 71801
$400,000
• Currently owned by an Arkansas Master Florist.
• Located in the Original Town of Hope – STR 33-12-24.
• Built in 1940.
• 5,815 sq ft, per tax card.
• 50% showroom, 50% warehouse.
• 16-foot ceilings.
• Roof, ~2019.
• HVAC, 2023. Installed by Hollis Heat & Air.
• All inventory conveys.
• Showroom, office, workspace, storage space/warehouse.
• 10x36 walk-in cooler. + smaller walk-in cooler used for overflow.
• Concrete floors.
• Half bathroom.
• 2016 Dodge Carvan – delivery van – conveys.
• Overhead door in the warehouse for easy loading for deliveries.
• 501 S. Main – parcel 700-00343-000-C. 40.5x142. Estimated real estate taxes: $906. Zoned (CI) Comm. Impr.
• 503 S. Main – parcel 700-00344-000. 30x75.26. Estimated real estate taxes: $56. Zoned (CV) Comm. Vacant.
More information:
• Current owner is willing to stay on after Closing to show new buyer the business, if wanted.
• Tax returns and P&L available by request to qualified buyers.
• Hours: M-F 8:00am-4:00pm.
• www.hopefloral.com
• (870) 777-6667 or (800) 950-9205
TURN KEY
Hope Floral
501 S. Main Street
Hope AR 71801
$400,000
• Currently owned by an Arkansas Master Florist.
• Located in the Original Town of Hope – STR 33-12-24.
• Built in 1940.
• 5,815 sq ft, per tax card.
• 50% showroom, 50% warehouse.
• 16-foot ceilings.
• Roof, ~2019.
• HVAC, 2023. Installed by Hollis Heat & Air.
• All inventory conveys.
• Showroom, office, workspace, storage space/warehouse.
• 10x36 walk-in cooler. + smaller walk-in cooler used for overflow.
• Concrete floors.
• Half bathroom.
• 2016 Dodge Carvan – delivery van – conveys.
• Overhead door in the warehouse for easy loading for deliveries.
• 501 S. Main – parcel 700-00343-000-C. 40.5x142. Estimated real estate taxes: $906. Zoned (CI) Comm. Impr.
• 503 S. Main – parcel 700-00344-000. 30x75.26. Estimated real estate taxes: $56. Zoned (CV) Comm. Vacant.
More information:
• Current owner is willing to stay on after Closing to show new buyer the business, if wanted.
• Tax returns and P&L available by request to qualified buyers.
• Hours: M-F 8:00am-4:00pm.
• www.hopefloral.com
• (870) 777-6667 or (800) 950-9205
Property Facts
Sale Type
Investment or Owner User
Sale Condition
Business Value Included
Property Type
Retail
Property Subtype
Garden Center
Building Size
5,815 SF
Building Class
C
Year Built/Renovated
1940/2000
Price
$400,000
Price Per SF
$68.79
Tenancy
Single
Building Height
1 Story
Building FAR
0.59
Lot Size
0.23 AC
Opportunity Zone
Yes
Amenities
- Signage
- Air Conditioning
Nearby Major Retailers
Property Taxes
| Parcel Number | 700-00343-000-C | Improvements Assessment | $15,340 |
| Land Assessment | $2,880 | Total Assessment | $18,220 |
Property Taxes
Parcel Number
700-00343-000-C
Land Assessment
$2,880
Improvements Assessment
$15,340
Total Assessment
$18,220
1 of 2
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Presented by
Lance & Associates Real Estate
Hope Floral | 501 S Main St
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