# 206 Melrose Street, Jonesboro, AR 72401

> **TL;DR:** commercial, $1,280,000 ($178/sqft), built 2007, 7,200 sqft. Est. $5,547/mo. Listed 63 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,280,000 |
| Price/sqft | $178 |
| Square Feet | 7,200 |
| Year Built | 2007 |
| Lot Size | 28,314 sqft (0.65 acres) |
| Stories | 1 |
| Property Type | Commercial (Other) |
| Status | For Sale |
| Days on Market | 63 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,547 |
| **Total** | **$5,547** |

## Property Highlights

- Built in 2007
- 0.65 acre lot
- 40 parking spaces

## Description

### Agent 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.

## Location

- **Address:** 206 Melrose Street, Jonesboro, AR 72401
- **County:** Craighead
- **Neighborhood:** BROWN REPLAT OF EVERS BROWN
- **Coordinates:** 35.846268, -90.68285
- **Google Maps:** https://www.google.com/maps?q=35.846268,-90.68285

## Listing Agent

- **Name:** Andrea Andrews
- **Brokerage:** Compass Rose Realty
- **Phone:** 8707617774
- **Email:** compassroserealtyllc@gmail.com

## Primary Photo

![206 Melrose Street - Primary Photo](http://lh.rdcpix.com/8b2386f044293ef49725cc93373de87bl-f4236879969r.jpg)

*23 total photos available on [listing page](https://www.propertysimple.com/listing/206-melrose-street-jonesboro-ar-72401-26004877)*

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**MLS#:** 26004877 | **Updated:** 2026-04-24
**Source:** listhub

*Copyright © 2026 Cooperative Arkansas Realtors Multiple Listing Service. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/206-melrose-street-jonesboro-ar-72401-26004877)

---

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