311 E Monroe Ave - Medical FOR SALE


Jonesboro, AR 72401- Downtown Jonesboro
$795,000 USD
870-926-4588
311 E Monroe Ave, Jonesboro, AR for Sale
$795,000 USD
Medical - FOR SALE
1/6
null | Request Cap Rate

Apr '26


311 E Monroe Ave
Jonesboro, AR 72401
Downtown Jonesboro


HIGHLIGHTS

  • Downtown Jonesboro office opportunity
  • Two-building offering with professional layout
  • Ideal for medical or general office users
  • Flexible occupancy for owner-user or investor
  • Established downtown business corridor
  • Functional floorplans suited for clinical or administrative use

OVERVIEW

Located in the heart of Downtown Jonesboro, 406 E Washington Avenue and 311 E Monroe Avenue present a unique opportunity to acquire a two-building office property in one of the city’s most established business corridors. Positioned between East Washington Avenue and East Monroe Avenue, the property offers strong accessibility, convenient parking, and close proximity to the courthouse, city offices, financial institutions, medical providers, and numerous professional services. The property features two professional office buildings totaling approximately ±3,892 square feet on ±0.84 acres, providing a flexible layout suitable for medical, legal, administrative, or general office users. The configuration allows for a variety of uses, including an owner-user occupying one building while leasing the other, or an investor utilizing both structures for income-producing office space. Surrounded by key employers, government offices, healthcare providers, and established downtown businesses, the location benefits from consistent daytime population and strong visibility within the Downtown Business District. The site offers functional parking, practical office layouts, and a scalable footprint that can accommodate a range of professional users. While the property is being offered for sale, the building at 406 E Washington Avenue is also available for lease, providing additional flexibility for prospective users or investors seeking partial occupancy.

FOR SALE DETAILS

PRICE

$795,000 USD

PRICE/SF

$204 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

311 E Monroe Ave

PROPERTY TYPE

Office

PROPERTY SUBTYPE

Medical

ADD'L SUBTYPES

Storefront Retail/Office

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

C-1

APN/PARCEL ID

01-144184-32300

ASK ABOUT THIS PROPERTY

Taylor WilsonHalsey Thrasher Harpole Real Estate GroupMore Info
870-926-4588

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Taylor WilsonHalsey Thrasher Harpole Real Estate GroupMore Info
870-926-4588

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.