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Investment Highlights

  • Located in the Heart of Jonesboro
  • Downtown Jonesboro Entertainment District

Executive Summary

This is for both 228 and 238 addresses both!

Property Facts

Price $342,000 CAD
Sale Type Investment
Sale Condition Redevelopment Project
No. Lots 1
Property Type Land
Property Subtype Commercial
Proposed Use
Commercial
  • Office
  • Mixed Use
  • Apartment Units - Condo
  • Contractor Storage Yard
  • Motel
  • Open Space
  • Parking Garage
  • Parking Lot
  • Retail Warehouse
  • Self Storage
  • Storefront, Retail or Office
  • Warehouse
Total Lot Size 0.21 AC
Opportunity Zone Yes
Zoning C-1 - C-1

1 Lot Available

Lot 10-13

Price $342,000 CAD
Price Per AC $1,655,276.59 CAD
Lot Size 0.21 AC

Welcome to Market 228 and 238 Union Street in Historic Jonesboro, Arkansas. An exceptional ground-up development opportunity located in the heart of the Downtown Jonesboro Entertainment District. Offering 9,000 +/- sf, selling as-is.

Description

Welcome to Market 228 and 238 Union Street in Historic Jonesboro, Arkansas. An exceptional ground-up development opportunity located in the heart of the Downtown Jonesboro Entertainment District. Offering 9,000 +/- sf of strong visibility and flexibility for investors, along with an estimated capacity for 30 +/- parking spaces, a highly valuable feature in a high demand downtown location. The seller is offering property As-Is, allowing investors to fully evaluate and execute their own development vision. The site is well suited for new construction, providing the opportunity to build a retail space, office or professional building, warehouse use, mixed use development, or muti unit residential projects. Surrounded by popular restaurants, entertainment venues, and downtown revitalization, this property benefits from consistent activity and proximity to established commercial corridors. Opportunity knocks in one of Jonesboro's most active and growing areas. Zoned C-1* with estimated daily traffic counts of 7k +/-. Call today to make an investment in tomorrow.

Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Somewhat bikeable
30/100

Property Taxes

Property Taxes

Parcel Number
01-144183-53100
Land Assessment
$13,543 CAD
Improvements Assessment
$40,873 CAD
Total Assessment
$54,416 CAD
  • Listing ID: 39375084

  • Date on Market: 2026-02-09

  • Last Updated:

  • Address: 228 Union st, Jonesboro, AR 72401

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