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    224 Main St Jonesboro, AR 72401

    For Sale
    $725,000

    Business, Bldg and Land - Jonesboro, AR

    Property size:
    5,000 SF
    Lot size:
    0.12 Acres
    Days on Market:
    54
    Last Refresh:
    Dec 13 at 1:06 pm

    Property Features for 224 Main St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Size
    5,000 SF
    Lot size
    0.12 Acres

    Building Details

    Floors in Building
    1
    Architectural style
    Other

    Arnold Group Real Estate (870) 932-2600

    Listing agent Kent Arnold (870) 932-2600

    Listing date Oct 21, 2025

    MLS# 25021406 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

    Downtown Jonesboro Commercial Building For Sale

    This 5,000 square foot commercial building is located in downtown Jonesboro. The property, formerly Godsey’s and most recently Sugar Grits and BenYays, features two fully equipped kitchens, high ceilings, and a brick façade. It is being sold with all existing restaurant furnishings and equipment. Situated in the heart of Main Street’s historic corridor, the property benefits from strong visibility, foot traffic, and public on-street parking. It is zoned C-1 and includes recent updates and modern systems. This building is suitable for opening a new bar, café, or culinary concept. The lot size is 0.12 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Storefront properties

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Jonesboro
    County
    Craighead
    State
    Arkansas
    Longitude
    -90.704654
    Latitude
    35.841235

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    FAQs

    What type of property is this?
    Restaurant - Iconic 5,000 sq ft building with two kitchens on Main Street.
    Where is this restaurant located?
    The property is located at 224 Main St Jonesboro, AR.
    What is the asking price?
    The asking price for this property is $725,000.
    What are key features of this property?
    This property features: - Prime downtown location in the heart of Main Street's historic corridor with high visibility and foot traffic.; - Two fully equipped kitchens, ready for immediate restaurant use.; - Includes all existing restaurant furnishings and equipment in the sale.
    (870) 932-2600
    Request Owner's contact information
    224 Main St Jonesboro, AR 72401
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    Jonesboro, AR 72401
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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
    224 Main St Jonesboro, AR 72401
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