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    601 Mena St Mena, AR 71953

    For Sale
    $650,000

    Business, Bldg and Land - Mena, AR

    Property size:
    8,864 SF
    Lot size:
    0.16 Acres
    Days on Market:
    102
    Last Refresh:
    Dec 15 at 6:06 am

    Property Features for 601 Mena St

    General Information

    Property type
    Commercial Sale
    Property subtype
    Other
    Standard status
    Active
    Zoning
    Commercial
    Parking
    10
    Parking features
    On Street, Paved or Surfaced
    Interior features
    Public Restrooms, Display Window, Furnished, Kitchen Area, Living Area, Ceiling Fans, Furniture Included, In-unit Bathroom, Living Space Included, Showers, Stairs
    Size
    8,864 SF
    Lot size
    0.16 Acres

    Utilities

    Heating system
    Central, Electric (Heating)
    Cooling system
    Central Air, Electric

    Building Details

    Year built
    1900
    Floors in Building
    2
    Flooring type
    Vinyl, Wood
    Building materials
    Brick
    Roof type
    Metal
    Architectural style
    Other

    Holly Springs Real Estate (479) 394-4200 [email protected]

    Listing agent Ryan Lewis (479) 394-4200

    Listing date Sep 5, 2025

    MLS# 25035694 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

    Historic Mena Building: Investment Opportunity

    This historic two-story building in Mena, Arkansas, presents an investment opportunity. The property, currently operating as a multi-tenant commercial space, features a spacious storefront on the first floor, currently operating as an ice cream shop, complete with floor-to-ceiling windows, original hardwood floors, two bathrooms, and an upstairs loft space. The second floor houses a dance studio, currently used for yoga and dance classes. In addition to the storefront and dance studio, the first floor includes two additional occupied retail spaces and a large storage room. The building also features a completely renovated, fully furnished two-bedroom, two-bathroom short-term rental loft with a spacious deck and hot tub. Situated on a 0.16-acre lot, the 8,864 square-foot building is located in a commercial zone. The property's location and features suggest potential for capitalizing on anticipated growth in the tourism sector.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Retail space

    Suggested Use

    Realty agency Law Firm Restaurant 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
    Mena
    County
    Polk
    State
    Arkansas
    Longitude
    -94.237161
    Latitude
    34.584781

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    FAQs

    What type of property is this?
    Retail space - Restored historic building in Mena, AR with multiple income streams.
    Where is this retail space located?
    The property is located at 601 Mena St Mena, AR.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Historic, fully restored 2-story building in the heart of Mena.; - Multiple income-generating businesses currently operating within the building.; - Includes a completely renovated, furnished 2-bed/2-bath short-term rental loft with a SPACIOUS DECK AND HOT TUB.
    (479) 394-4200
    Request Owner's contact information
    601 Mena St Mena, AR 71953
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    Mena, AR 71953
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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
    601 Mena St Mena, AR 71953
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