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Corner Flex Space
For Sale
$297,000

1601 Hwy 71, Mena, AR 71953

Commercial / Industrial, Mena, AR

Property Size6,000 SF
Lot Size0.57 Acres
Price / SF$47.90
Days on Market140

Property Features for 1601 Hwy 71

General Information

Property type Commercial Sale
Property subtype Other
Lot features Level
Directions Located on Hwy 71 S across from Casey's, at the corner of Reine St and Hwy 71 in Mena.
Subdivision MENA
Standard status Active
Size 6,200 SF
Lot size 0.57 Acres

Taxes and HOA fees

Tax Description PT LOT 9 N OF HWY & E OF REINE
Tax Annual Amount 1215
Legal Description PT LOT 9 N OF HWY & E OF REINE

Building Details

Year built 1964
Floors in Building 1
Flooring type Wood, Concrete
Listing Agency: Exp Realty
Listed By: Tamera Reagan
Added: May 19 Changed: Sep 5 Last Checked: Oct 5 at 12:06AM
MLS# 26020412

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.

Investment Insights

Based on property information with market context.

This flex space is located at 1601 Hwy 71 in Mena, positioned at the corner of Hwy 71 and Reeves. The commercial building dates to 1964 and includes both wood and concrete flooring, offering a mixed-finish interior suited to varied commercial configurations.

The property occupies 0.57 acres in Polk County and is situated across from a Casey's General Store. Its placement on Hwy 71 provides a recognizable commercial setting within Mena, Arkansas.

Key Highlights

  • Located at 1601 Hwy 71 in Mena, AR 71953
  • 0.57‑acre commercial property
  • Corner position at Hwy 71 and Reeves

Property Analytics

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Current Use

Flex space

Suggested Use

Top Pick Dental Office Garden Center (Bike/Boat/Book/etc) Store Barber Shop Grocery & Convenience Store Carpet & Flooring Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

252
Businesses Nearby
Under-served
Demand for This Use

Demographics for 71953, AR

14,090
Population
6,924
Households
2
Avg Household Size
46
Median Age
20%
College-Educated
90%
High-School Grad
683.9 sq mi
ZIP Area
21
Density / Sq Mi
$52,355
Median Household Income
$31,904
Median Earnings
$743
Median Rent
$144,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Industrial in South region

6% 2019
6.5% 2020
4% 2021
3.5% 2022
6% 2023
7.6% 2024
7.9% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Flex space - Commercial building with wood and concrete flooring at the intersection of Hwy 71 and Reeves.
Where is this flex space located?
The property is located at 1601 Hwy 71 Mena, AR.
What is the asking price?
The asking price for this property is $297,000.
What are key features of this property?
This property features: Located at 1601 Hwy 71 in Mena, AR 71953; 0.57‑acre commercial property; Corner position at Hwy 71 and Reeves
More about this property
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