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Downtown Mixed-Use Property
For Sale
$650,000

601 Mena St., Mena, AR 71953

Six rental units include commercial spaces and a furnished two-bedroom apartment with active short-term bookings.

Property Size8,864 SF
Price / SF$73.33
Days on Market137

Property Features for 601 Mena St.

General Information

Standard status Active
Size 8,864 SF
Total Parking Spaces 10
Property subtype Commercial

Amenities

Ceiling Fans
Display Window
Kitchen Area
Living Area
Public Restrooms
Smoke Detector
Overhead Doors

Building Details

Building Size 8,864 SF
Year Built 1900
Stories 2
Listing Agency: Re/Max Mena Real Estate, Inc.
Listed By: Debbie Pate · License #EB00015873
Source: Carolynrussellrealestate
Added: Jun 22 Changed: Nov 3 Last Checked: Nov 3 at 7:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Re/Max Mena Real Estate, Inc.

Rey
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Investment Insights

Based on property information with market context.

This mixed-use property contains 6 rental units, including an ice cream parlor, dance studio, medical office, and a furnished apartment with 2 bedrooms and 2 bathrooms. The apartment has a private deck and hot tub and is actively booked. Two one-room offices are also available for lease. The building includes 3 restrooms, central heat and air, and multiple storage rooms. Three units have private entrances; the remaining three share a common entrance.

At 8,864 square feet, the property occupies a downtown corner at 601 Mena St. in Mena, Arkansas. Built in 1900, it combines commercial and residential space in one building.

Key Highlights

  • 6 rental units across commercial and residential uses
  • 8,864‑square‑foot building at 601 Mena St. in downtown Mena
  • Furnished 2‑bedroom, 2‑bathroom apartment with private deck and hot tub

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Retail space

Suggested Use

Top Pick Dental Office Barber Shop Locksmith (Bike/Boat/Book/etc) Store Electrical Service Florist

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

Location Intelligence

Trade Area within ½ mile

588
Businesses Nearby

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 Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Mixed-use property - Six rental units include commercial spaces and a furnished two-bedroom apartment with active short-term bookings.
Where is this mixed-use property 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: 6 rental units across commercial and residential uses; 8,864‑square‑foot building at 601 Mena St. in downtown Mena; Furnished 2‑bedroom, 2‑bathroom apartment with private deck and hot tub
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