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218 Union Street, Jonesboro, AR

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218 Union Street

Jonesboro, AR 72401 - Downtown Jonesboro MF Submarket

Property Type:Retail Sub Type:Freestanding Status:Existing Year Built:-
Building Size:9,000 SF Land Area:.24 AC (10,454 SF)
For Sale Price:$979,000 Price/SF:$108.78
Cap Rate:9.00 %

Approximately 9,000 square feet
2 stories
6 retail units on lower level. Each one is 900 square feet.
4 residential units on upper level

Sale Notes:
This 9,000 sq foot building consists of 5 retail spaces at 900 SF each, with stained concert floors, tin ceiling, brick on the interior walls and one bath. The retail space will lease for $600-$750 per month. Upstairs has 4 lofts, each 1,125 SF , wood floors, brick walls, a very nice kitchen with a bar, large open living room, two bedrooms and two baths. The lofts will lease between $1,100-$1,500 monthly. The Parking lot can also be a pay to park.

Jonesboro a beautiful city in Northeast Arkansas providing an exceptional quality of life, fantastic educational systems, excellent healthcare facilities and a tremendous amount of retail opportunities. Jonesboro' s centralized location with easy access to major markets including Memphis, Tennessee has made it a magnet for every type of business. Jonesboro is a city in and one of the two county seats of Craighead County, Arkansas, United States. According to the 2012 US Census, the population of the city was 70,287. A college town, Jonesboro is the largest city in northeastern Arkansas and the fifth most populous city in the state. It is the principal city of and is included in the Jonesboro, Arkansas Metropolitan Statistical Area. In 2012, the Jonesboro metropolitan area had a population of 124,042 and an projected estimated population (2017) of 130,829 in the Jonesboro-Paragould Combined Statistical Area. Jonesboro is home to Arkansas State University and is a regional center for manufacturing, agriculture, medicine, education, and trade. Jonesboro is a city in and one of the two county seats of Craighead County, Arkansas, United States.

Arnold Group Real Estate
Kent E Arnold
(870) 932-2600 x19

Missy Weaver
(870) 932-2600

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