405 West 16th Street
Hope AR 71801

$225,000

• 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.
• Interior Finish: The subject medical office has a typical layout consisting of exam rooms, each with cabinetry/sinks, along with restrooms, offices, storage areas, and break areas. Interior finish includes 8’ ceiling height, with painted and wallpapered drywall and carpet, vinyl and ceramic tile flooring.
• Partitions/Interior Framing: 2” X 4” wood studs.
• Floor Cover: Ceramic tile, vinyl planks and sheet vinyl, carpeting.
• Doors: Glass/Metal entry doors at front, rear doors are metal.
• Restrooms: Restrooms predate ADA regulations.
• Waiting room, Reception, office, 4 water closets, 1 full bathroom, equipment room, laboratory.
• District: C-3 General Retail District. Applicable Permitted Uses: Retail establishments for goods and services, Professional Offices, Churches, Childcare centers, Restaurants, per appraisal.