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Renovated Medical Office Space
For Sale
$585,000

208 Morrow Street, Mena, AR 71953

CommercialSale, Mena, AR

Property Size4,284 SF
Price / SF$136.55
Days on Market186

Property Features for 208 Morrow Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Commercial
Parking 22
Lot features City Lot
Directions From US 71, turn south on Morrow Street S, property is on the east.
Standard status Active
APN 6000-03123-0000
Size 4,284 SF

Taxes and HOA fees

Tax Description See deed
Legal Description See deed

Utilities

Heating system Heat Pump (Heating)

Building Details

Year built 1985
Floors in Building 1
Number of units 1
Listing Agency: Delta Properties
Listed By: Ashley Habiger · License #PB00093413
Added: Apr 3 Changed: Aug 28 Last Checked: Oct 5 at 2:06AM
MLS# 1341587

Copyright © 2026 ArkansasONE MLS. 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 4,284-square-foot medical office property in Mena, Arkansas, was constructed in 1985 and substantially renovated and expanded in 2016. The building is occupied by MyEyeDr., an optometry provider that has operated at the location for a decade. Heating is provided by a heat pump.

The recently renewed lease includes an option to renew and a rental increase upon renewal. Landlord responsibilities are limited, supporting a straightforward ownership profile. The property is located at 208 Morrow Street in Mena, a regional trade and service center serving surrounding cities and counties.

Key Highlights

  • 4,284‑square‑foot medical office property at 208 Morrow Street, Mena, AR 71953
  • Occupied by MyEyeDr., an optometry provider operating at the location for a decade
  • Lease recently renewed with an option to renew and rental increase upon renewal

Property Analytics

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Current Use

Medical Office Space

Suggested Use

Top Pick Garden Center HVAC Service (Bike/Boat/Book/etc) Store Locksmith Storage Facility Veterinary Clinic

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

100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

375
Businesses Nearby
Balanced
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
View Realmo Analytics

Market

Vacancy Rate% for Office in South region

14.4% 2019
16.4% 2020
17.3% 2021
18% 2022
18.6% 2023
20.3% 2024
20.2% 2025
Rey
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Similar Off Market Nearby

  • Grant Derek B Dvm-Residence — 1925 Lakewood Dr, Mena, AR 75935

Frequently Asked Questions

What type of property is this?
Medical Office Space - Occupied healthcare property with a recently renewed lease and limited landlord responsibilities.
Where is this medical office space located?
The property is located at 208 Morrow Street Mena, AR.
What is the asking price?
The asking price for this property is $585,000.
What are key features of this property?
This property features: 4,284‑square‑foot medical office property at 208 Morrow Street, Mena, AR 71953; Occupied by MyEyeDr., an optometry provider operating at the location for a decade; Lease recently renewed with an option to renew and rental increase upon renewal
More about this property
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