# 405 W 16th Street, Hope, AR 71801

> **TL;DR:** commercial, $225,000 ($71/sqft), built 1979, 3,159 sqft. Est. $1,204/mo. Listed 449 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $225,000 |
| Price/sqft | $71 |
| Square Feet | 3,159 |
| Year Built | 1979 |
| Lot Size | 35,719 sqft (0.82 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | Active |
| Days on Market | 449 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $1,138 |
| Estimated Insurance | $66 |
| **Total** | **$1,204** |

## Property Highlights

- Built in 1979
- 0.82 acre lot
- 10 parking spaces

## Description

### Agent Description
- 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

## Location

- **Address:** 405 W 16th Street, Hope, AR 71801
- **County:** Hempstead
- **Coordinates:** 33.653371, -93.591709
- **Google Maps:** https://www.google.com/maps?q=33.653371,-93.591709

## Listing Agent

- **Name:** Lindsey Townsend
- **Brokerage:** Lance & Associates Real Estate
- **Broker Phone:** 8707771420

## Photos

![405 W 16th Street - Photo 1](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f2310562607r.jpg)

![405 W 16th Street - Photo 2](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f1901879312r.jpg)

![405 W 16th Street - Photo 3](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f954831594r.jpg)

![405 W 16th Street - Photo 4](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f2546959018r.jpg)

![405 W 16th Street - Photo 5](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f4082299692r.jpg)

![405 W 16th Street - Photo 6](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f3029090402r.jpg)

![405 W 16th Street - Photo 7](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f1730819775r.jpg)

![405 W 16th Street - Photo 8](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f2393855621r.jpg)

![405 W 16th Street - Photo 9](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f1161133091r.jpg)

![405 W 16th Street - Photo 10](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f4050839239r.jpg)

![405 W 16th Street - Photo 11](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f2966641697r.jpg)

![405 W 16th Street - Photo 12](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f524293047r.jpg)

![405 W 16th Street - Photo 13](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f3659718325r.jpg)

![405 W 16th Street - Photo 14](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f2517530287r.jpg)

![405 W 16th Street - Photo 15](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f3439981268r.jpg)

![405 W 16th Street - Photo 16](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f2991564382r.jpg)

![405 W 16th Street - Photo 17](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f20133068r.jpg)

![405 W 16th Street - Photo 18](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f1755682781r.jpg)

![405 W 16th Street - Photo 19](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f3729808434r.jpg)

![405 W 16th Street - Photo 20](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f1419717615r.jpg)

![405 W 16th Street - Photo 21](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f2203631100r.jpg)

![405 W 16th Street - Photo 22](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f499133005r.jpg)

![405 W 16th Street - Photo 23](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f2688109567r.jpg)

![405 W 16th Street - Photo 24](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f3667354232r.jpg)

![405 W 16th Street - Photo 25](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f659518062r.jpg)

![405 W 16th Street - Photo 26](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f315733734r.jpg)

![405 W 16th Street - Photo 27](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f267404522r.jpg)

![405 W 16th Street - Photo 28](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f3274601458r.jpg)

![405 W 16th Street - Photo 29](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f1480864134r.jpg)

![405 W 16th Street - Photo 30](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f3569193031r.jpg)

![405 W 16th Street - Photo 31](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f355857000r.jpg)

![405 W 16th Street - Photo 32](http://lh.rdcpix.com/883ee09bd20a07da776a9fe3da8401b0l-f2310562607r.jpg)

---

**MLS#:** 25031525 | **Updated:** 2026-10-20
**Source:** listhub

*Copyright © 2026 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.*

[View on PropertySimple](https://staging.propertysimple.ai/listing/405-w-16th-street-hope-ar-71801-090c85a75e6c488eb343553a4522df0d)

---

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