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Mixed-Use Income Property with Multiple Units
For Sale
$650,000

601 Mena St, Mena, AR 71953

Income-producing building with six rental units, including a medical office, dance studio, ice cream parlor, and furnished Airbnb.

Property Size8,864 SF
Price / SF$73.33
Days on Market59

Property Features for 601 Mena St

General Information

Standard status Active
Size 8,864 SF

Additional Details

Business Included No

Taxes and HOA fees

Annual Taxes $2,136

Building Details

Tenancy Multi
Listing Agency: RE/MAX Mena Real Estate, Inc.
Listed By: Debbie Pate
Source: Exprealty
Added: Jun 24 Changed: Aug 20 Last Checked: Aug 21 at 9:28AM

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.

Investment Insights

Based on property information with market context.

This income-producing mixed-use building features six rental units with a mix of established tenants and additional leasing opportunities. Current tenants include a popular ice cream parlor, a dance studio, and a medical office, plus a fully furnished two-bedroom, two-bathroom Airbnb apartment. The Airbnb unit includes a private deck and hot tub and currently has active bookings. Two one-room office spaces are also available for lease. The building includes three restrooms, central heat and air, multiple storage rooms, and a combination of private and shared entrances among the units.

The property is situated on a downtown corner lot with high visibility and accessibility.

Units are configured with three private entrances and three units sharing a common entrance, supporting both independent and shared access within the building.

Key Highlights

  • Income‑producing downtown corner commercial building with 6 rental units.
  • Current tenants include an ice cream parlor, dance studio, and medical office.
  • Includes a fully furnished 2 bed, 2 bath Airbnb apartment with a private deck and hot tub.

Property Analytics

Current Use

Short term rental ...

Suggested Use

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

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

Multi-tenant
Tenancy

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

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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Frequently Asked Questions

What type of property is this?
Short term rental property - Income-producing building with six rental units, including a medical office, dance studio, ice cream parlor, and furnished Airbnb.
Where is this short term rental 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: Income‑producing downtown corner commercial building with 6 rental units.; Current tenants include an ice cream parlor, dance studio, and medical office.; Includes a fully furnished 2 bed, 2 bath Airbnb apartment with a private deck and hot tub.
More about this property
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