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206 Melrose Street

Jonesboro, AR 72401
  • $1,200,000
  • STATUS: Active
  • ON SITE: 166 Days
  • MLS #: 10105182
$1,200,000
  • 0
    BEDS
  • 0.65
    ACRES
  • 0
    BATHS
  • 0
    1/2 BATHS
  • 7,200
    SQFT
  • $167
    $/SQFT
Neighborhood:
Metes And Bounds
Type:
Commercial
Built:
2007
County:
Craighead
Area:
E

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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 with an additional 3.67 +/- acres available to purchase separately. 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, 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.

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Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2023 Jonesboro Board of REALTORS® MLS. All rights reserved.
www.neahomes4sale.com/homes/138441502
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206 Melrose Street Jonesboro, AR 72401

  • Price: $1,200,000
  • Status: Active
  • On Site: 166 Days
  • MLS #: 10105182
0
Beds
0
Baths
0
½ Baths
0.65
Acres
7,200
SQFT
$167
$/SQFT
2007
Built
Neighborhood:
Metes And Bounds
County:
Craighead
Area:
E
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 with an additional 3.67 +/- acres available to purchase separately. 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, 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.
Exterior Features

Exterior BrickMetal Siding Foundation Features Concrete Slab Linear Feet Of Road Frontage 0 Loading Dock None Number Of Doors 15 Number Of Parking Spaces 40 Parking Types AsphaltOn Site Road Frontage Yes

Interior Features

1st Unit Sq Ft 0.00 2nd Unit Sq Ft 0.00 3rd Unit Sq Ft 0.00 Cooling Features Central Air Features Sign: Building MountedSign: Pole Heat Features Central Electric Wall Height Unknown

Property Features

1st Unit Unit Number A 2nd Unit Unit Number B 3rd Unit Unit Number C Agent Owned No Annual Expense 0 Auction No Builder Owned No Business Description 7 Unit Retail Strip Center Business Type CommercialGeneralOfficeRetail/Service Fips Code 31 Flood Zone No Lease Type Net Number Of Tenant 4 Number Of Tenants 4 Occupant Type Tenant Possession At Closing Property Subtype1 Mixed Use Reo Property No Short Sale No Suggested Investor Prop Yes Tax Year 2022 Taxes 4878.00 Terms CashIn House Transaction Type Sale Utilities Features City WaterElectricSewerTrash CollectedUtilities Paid: Tenant Zoning C-3

Listing information © 2023 Jonesboro Board of REALTORS® MLS.
Listing provided by Compass Rose Realty: 870-336-1008.

Northeast Arkansas Board of Realtors (Jonesboro Board of Realtors) logo © 2023 Jonesboro Board of REALTORS® MLS. All rights reserved.
 
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Halsey Thrasher Harpole Real Estate Group
301 W Washington
Jonesboro AR, 72401