$980,000
( $136.11Per Sq Foot )
 $5,261 est/mo Sourced by Back At You

206 Melrose Street,Jonesboro, AR 72401

Jonesboro, AR 72401

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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. 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. Property being sold as-is.

Details

MLS #26034721
Listing TypeFor Sale
StyleBuilding And Land
Sub-TypeFor-lease
StatusPrice Change
Year2007
Days On Site41
Listing Provided ByCompass Rose Realty | Andrea Andrews

Features

SQ Feet7,200
Story(s)1
ZoningCentral Business
Acreage0.65

Exterior

ExteriorBrick, Metal/Vinyl Siding
RoofMetal
FoundationSlab

Utilities

UtilitiesSewer-Public, Water-Public, Electric-Municipal

Taxes

Property5000

Area Information

StateAR
CountyCraighead
CityJonesboro
Zip Code72401
AreaJonesboro B
SubareaJonesboro B
Community NameBROWN REPLAT OF EVERS BROWN
Listing VS Median (in BROWN REPLAT OF EVERS BROWN)
Price:
$980,000
low | high
Med:
$980,000
50% of Average
sqft:
7,200
low | high
Med:
7,200
50% of Average
$ / sqft:
$136
low | high
Med:
$136
50% of Average
On site:
41
low | high
Med:
41
100% of Average
Sourced by Back At You

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Learn More About This Property

StateAR
CountyCraighead
CityJonesboro
Zip Code72401
AreaJonesboro B
SubareaJonesboro B
Community NameBROWN REPLAT OF EVERS BROWN
Listing VS Median (in BROWN REPLAT OF EVERS BROWN)
Price:
$980,000
low | high
Med:
$980,000
50% of Average
sqft:
7,200
low | high
Med:
7,200
50% of Average
$ / sqft:
$136
low | high
Med:
$136
50% of Average
On site:
41
low | high
Med:
41
100% of Average
Sourced by Back At You
Listing Updated: September 28, 2026 at 6:40:12 PM PDT