1182 Hwy 71 South Mena, AR ^$ 235,000

1182 Hwy 71 South

^$ 235,000

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1182 Hwy 71 South

Mena, AR, 71953

^$ 235,000

Studio Baths0.0 Sq 1,040

Monthly Estimate*

^$ 1,562

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Studio

Commercial Property for sale in Mena, AR

for $235,000. This 1,040 square foot building was built in 1992 on a lot size of 0.17.

Fully Remodeled Office Building with two office rentals. Great visibility in high traffic area. Restaurants, gas stations, motels, retail, residential subdivisions, and a variety of businesses neighbor this property for complete client convenience. Property also offers tranquil setting overlooking Cox lake, complete with ducks, geese, and fish. One side currently rented, and sale subject to acceptance of existing lease. Expenses include taxes, insurance, and paid water. Lessees pay power. No maintenance currently since recently remodeled.

Commercial Active

Price

^$ 235,000

Bedrooms

Studio

Property Type

Commercial

Taxes

^$ 981

Style

Traditional

Lot Size

0.17

Year Built

1992

Town/City

Mena

County/Region

Polk

MLS | Web ID

23024776

Features

General

Heating Central Cool-Electric Central Heat-Electric

Utilities Sewer-Public Water-Public Electric-Municipal Telephone-Private

Roof Composition

Exterior Features Pole Sign Door Sign Wheelchair Accessible

Year Built 1992

Parking 1 - 10 Spaces Paved

Tenant Pays Electric

Subdivision Hornbeck Place AR

Style Traditional

Stories One Story

County Polk

Class Commercial / Industrial

Present Use Office

Type Building and Land

Business Type Offices

Business Name None

Tax Year 2022

Inside City Limits Yes

Status Active

Zoning Central Business General Office Multi-Purpose

Docs on File Legal Description Property Disclosure

Warranty As-Is Prsnt Cnd at Clsng

Energy Features Insulated Windows Insulated Doors

Primary City Mena

Directions Highway 71 South to 1182 on the south side of the highway and backing up to Cox Lake.

City Mena

Street Name Hwy 71 South

DOM 302

Postal Code 71953

Price Per Sq Ft Total AG 225.96

Coming Soon Fully Remodeled Office Building with two office rentals. Great visibility in high traffic area. Restaurants gas stations motels retail residential subdivisions and a variety of businesses neighbor t

Exterior

Exterior Brick

Road Surface Paved

Foundation Slab

Lot Size Area 0.17

Lot Dimensions 120x63

Lot Sloped Corner Lot In Subdivision River/Lake Area Lake View Down Slope

Parking 6

Interior

Floors Luxury Vinyl

Walls Sheet Rock

* Excluded Features

List By

Nan Gaddis

Listing Agent

Re/Max Mena Real Estate, Inc.

Broker

nan@menarealestate.com

Affordability Calculator

$1,644

Per Month

Monthly Principal & Interest: $1,562
Monthly Property Taxes: $82
Monthly Home Insurance: --

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Loan Term

Interest Rate

Yearly Property Taxes

Yearly Home Insurance

Default based on a 30-year fixed rate of 6.99% 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

Trends
Schools

Commerical listings in Mena, AR

Average List Price ^$609,178

Percent of Sale Price 159%

About Mena, AR

5,737 Population

-1% Since 2002

^$32,608 Median Income

42.78 Median Age

19% Households with Children

View more area information

Trends Information provided by ATTOM Data Solutions.

886427 Elementary School

886671 Middle School

Unknown High School High School

See complete school information

Pricing History

Date	Price	Price Change	Description
8/10/2023	$235,000		Listed Price

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1182 Hwy 71 South, Mena, AR, 71953 is a Commercial Property for sale at $235,000 with 1,040 sqft and a lot size of 0.17. 1182 Hwy 71 South is a studio with 0.0 baths and was built in 1992. The property's zip code is 71953 which is in Mena, AR

*Information deemed reliable but not guaranteed.

Financial calculator disclaimer: Default based on a 30-year fixed rate of 6.99% 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.

The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of the Cooperative Arkansas REALTORS Multiple Listing Services, Inc. Real Estate listings held by brokerage firms (licensees) other than Weichert Realtors include the name of the listing brokers.

The information being provided is for consumers' personal, non-commercial use and may not be reproduced or redistribute. Its sole purpose is to be used for no other purpose than to identify prospective properties consumers may be interested in purchasing.

Data is updated as of 6/7/2024.

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1182 Hwy 71 South

Commercial Property for sale in Mena, AR

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