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Listed by Andrea Andrews • Compass Rose Realty
$ 1,280,000
Est. payment /mo
Active
206 Melrose Street Jonesboro, AR 72401
7,200 SqFt
UPDATED:
Key Details
Property Type Commercial
Sub Type Mixed Use
Listing Status Active
Purchase Type For Sale
Square Footage 7,200 sqft
Price per Sqft $177
Subdivision Browns
MLS Listing ID 10131930
Year Built 2007
Annual Tax Amount $5,000
Tax Year 2025
Lot Size 0.650 Acres
Acres 0.65
Property Sub-Type Mixed Use
Property Description
Welcome to Market College Plaza located at 206 Melrose Street in Jonesboro, Arkansas. Golden Opportunity Knocks. 7,200 sf of Commercial Property zoned C-3 situated on a .65 +/- acre lot. A Seven Unit Strip Retail Center located across the street from Arkansas State University and near Northeast Arkansas Baptist Memorial Hospital, Jonesboro Municipal Airport, and favorite local retail & dining establishments. Parking available for 40 and estimated daily traffic counts of 20,000. Seller replaced the roof in December of 2020, all electric HVAC units in 2013, added security cameras and system, outdoor lighting, 5 x 10 signage for each unit (Unit C has 2), and completely remodeled several units. Offerings such as this are few and far between. Call today to schedule your tour and make an investment in tomorrow.
Location
State AR
County Craighead
Area E
Zoning C-3
Interior
Heating Central Electric
Cooling Central Air
Flooring No
Exterior
Exterior Feature Brick, Metal Siding
Utilities Available Electric, Sewer, Trash Collected, Utilities Paid: Tenant
Building
Foundation Concrete Slab
Others
Tax ID 01-144171-24100
Acceptable Financing Cash, In House
Listing Terms Cash, In House