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    201 Grandview Hts Mena, AR 71953

    For Sale
    $199,500

    Traditional, Building and Land - Mena, AR

    Property size:
    1,836 SF
    Lot size:
    0.27 Acres
    Days on Market:
    26
    Last Refresh:
    Dec 5 at 12:06 pm

    Property Features for 201 Grandview Hts

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Parking
    4
    Interior features
    Kitchen Area, Living Area, Ceiling Fans
    Exterior features
    Partially Fenced
    Fencing
    Fenced, Partial
    Size
    1,836 SF
    Lot size
    0.27 Acres

    Utilities

    Heating system
    Central, Natural Gas
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1950
    Floors in Building
    1
    Flooring type
    Carpet, Carpet - Partial, Vinyl
    Building materials
    Asbestos, Brick, Frame
    Roof type
    Metal
    Architectural style
    New Traditional

    CENTURY 21 Perry Real Estate (479) 394-6500 [email protected]

    Listing agent Lana Coogan (479) 394-6500

    Listing date Nov 10, 2025

    MLS# 25044450 Listing URL

    Copyright © 2025 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.

    Overview

    Mena Mixed-Use Property For Sale

    Located in the heart of downtown Mena, Arkansas, this mixed-use property offers both commercial and residential opportunities. The property is situated in a high-traffic area, potentially benefiting from tourist activity. The existing structure includes a 3-bedroom, 2-bath home that could be converted into a business, vacation rental, or monthly rental. The property has new HVAC and flooring. Electrical improvements have been made to meet current codes, and other repairs have been completed. The lot size is 0.27 acres, and the property size is 1836 square feet. The property is near new mountain bike trails.
    Property Profile Location Intelligence

    Current Use by Public Records

    Mixed-use properties

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.240309
    Latitude
    34.589901

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    FAQs

    What type of property is this?
    Mixed-use property - Commercial and residential property in high-traffic, downtown Mena.
    Where is this mixed-use property located?
    The property is located at 201 Grandview Hts Mena, AR.
    What is the asking price?
    The asking price for this property is $199,500.
    What are key features of this property?
    This property features: - Prime location in the heart of downtown Mena, situated in a high-traffic tourist area.; - Commercially and residentially zoned, offering versatile usage options.; - Proximity to new mountain bike trails.
    (479) 394-6500
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    201 Grandview Hts Mena, AR 71953
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