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206 Melrose Street Jonesboro, AR $ 1,280,000
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206 Melrose Street
$ 1,280,000
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206 Melrose Street

Jonesboro, AR, 72401
$ 1,280,000
Bedrooms-- Baths-- Sq 7,200

Monthly Estimate*

$ 7,881

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Commercial Property for sale in Jonesboro, AR

for $1,280,000. This 7,200 square foot building was built in 2007 on a lot size of 0.65.

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.

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Commercial Active

Price

$ 1,280,000

Property Type

Commercial

Taxes

$ 5,000

Style

Ranch

Lot Size

0.65

Year Built

2007

Town/City

Jonesboro

County/Region

Craighead

MLS | Web ID

26004877
Features
General
Heating Central Heat-Unspecified Central Air - unspecified
Utilities Electric-Municipal Sewer-Public Water-Public
Roof Metal
Zoning C-3 Central Business
Year Built 2007
Parking 26 or More Paved
Tenant Pays All Utilities
Subdivision BROWN REPLAT OF EVERS BROWN AR
Style Ranch
Stories Count One Story
County Craighead
Class Commercial / Industrial
Present Use Shopping Center
Type Building and Land
Business Type General Office Spaces
Business Name College Plaza
Tax Year 2025
Inside City Limits Yes
Status New Listing
Sale/Rent For Sale
Status Detail 1
Docs on File Legal Description
Warranty As-Is Prsnt Cnd at Clsng
Primary City Jonesboro
Directions From E. Johnson Ave. turn onto Melrose Property will be on the Right.
City Jonesboro
DOM 1
Postal Code 72401
Price Per Sq Ft Total AG 177.78
Public Remarks 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
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Exterior
Exterior Brick Metal/Vinyl Siding
Exterior Amenities Roof Sign Pole Sign Video Surveillance
Road Surface Paved
Foundation Slab
Lot Size Area 0.65
Lot Dimensions 0.65 +/- acres
Lot In Subdivision
Parking 40
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Interior
Floors Concrete
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* Excluded Features
List By
Andrea Andrews

Listing Agent

Compass Rose Realty

Broker

compassroserealtyllc@gmail.com

Email

Affordability Calculator

$8,298
Per Month
95%
5%
0%
Monthly Principal & Interest
$7,881
Monthly Property Taxes
$417
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
886427 Elementary School
886671 Middle School
Unknown High School High School
See complete school information
Pricing History
DatePricePrice ChangeDescription
2/7/2026$1,280,000 Listed Price

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206 Melrose Street, Jonesboro, AR, 72401 is a Commercial Property for sale at $1,280,000 with 7,200 sqft and a lot size of 0.65. 206 Melrose Street was built in 2007. The property's zip code is 72401 which is in Jonesboro, AR

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