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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

Commercial,General,Office,Retail/Service

Lot Size

0.65

Year Built

2007

Town/City

Jonesboro

County/Region

Craighead

MLS | Web ID

10127520
Features
General
Road Frontage Yes
Heating Central Electric
Lease Type Net
Cooling Central Air
Utilities Electric Sewer Trash Collected Utilities Paid: Tenant
Possession At Closing
Flood Zone No
Zoning C-3
Number of Garage Spaces 0.0
Construction Materials Brick Metal Siding
Subdivision Browns
Stories Count 0
County Craighead
Business Type Commercial General Office Retail/Service
Age 0
Property Type Commercial/Investments
Area E
Auction No
Transaction Type Sale
Tax Year 2025
Occupant Type Tenant
Tenants 7
New Construction 0
Status Active
Acres 0.6500
Property Subtype Mixed Use
Building Features Sign: Building Mounted Sign: Pole
Year Built 2007
City Jonesboro
Lot Size Square Feet 28314.00
Legal Description Lot B1 of Brown Replat of Evers Brown to the City of Jonesboro AR See Deed Parcel # 01-144171-241
Tax Annual Amount 5000.00
Showing Instructions Call/Text Listing Agent
Year Built Exception 0
Street Name Melrose
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Interior
Total Bedrooms 0.00
3/4 Bath(s) 0
Half Baths 0
1/4 Bath(s) 0
Square Footage 7200
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Exterior
Foundation Details Concrete Slab
Number of Parking Spaces 40
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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
1110673 Elementary School
1110566 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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