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Investment Highlights

  • Downtown Jonesboro office opportunity
  • Ideal for medical or general office users
  • Established downtown business corridor
  • Two-building offering with professional layout
  • Flexible occupancy for owner-user or investor
  • Functional floorplans suited for clinical or administrative use

Executive Summary

Located in the heart of Downtown Jonesboro, 406 E Washington Avenue and 311 E Monroe Avenue present a unique opportunity to acquire a two-building office property in one of the city’s most established business corridors. Positioned between East Washington Avenue and East Monroe Avenue, the property offers strong accessibility, convenient parking, and close proximity to the courthouse, city offices, financial institutions, medical providers, and numerous professional services.
The property features two professional office buildings totaling approximately ±3,892 square feet on ±0.84 acres, providing a flexible layout suitable for medical, legal, administrative, or general office users. The configuration allows for a variety of uses, including an owner-user occupying one building while leasing the other, or an investor utilizing both structures for income-producing office space.
Surrounded by key employers, government offices, healthcare providers, and established downtown businesses, the location benefits from consistent daytime population and strong visibility within the Downtown Business District. The site offers functional parking, practical office layouts, and a scalable footprint that can accommodate a range of professional users.
While the property is being offered for sale, the building at 406 E Washington Avenue is also available for lease, providing additional flexibility for prospective users or investors seeking partial occupancy.

Property Facts

Sale Type
Investment or Owner User
Property Type
Office
Property Subtype
Medical
Building Size
3,892 SF
Building Class
C
Year Built
2006
Price
$1,083,537 CAD
Price Per SF
$278.40 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Typical Floor Size
2,148 SF
Building FAR
0.69
Lot Size
0.13 AC
Opportunity Zone
Yes
Zoning
C-1 - downtown core commercial district
Parking
24 Spaces (6.17 Spaces per 1,000 SF Leased)

Space Availability

  • Space
  • Size
  • Space Use
  • Condition
  • Available
  • 1st Floor
  • 2,148 SF
  • Office
  • -
  • Apr 2026

Suite available at 406 E Washington Avenue totaling ±2,148 SF of professional office space in Downtown Jonesboro. The space features a functional office layout suitable for medical, administrative, or general office users. Located along East Washington Avenue, the property provides convenient access, on-site parking, and proximity to the courthouse, city offices, financial institutions, and numerous professional services. Offered at $3,600/mo on a gross lease, providing a straightforward occupancy option for tenants seeking a centrally located office environment.

Space Size Space Use Condition Available
1st Floor 2,148 SF Office - Apr 2026

1st Floor

Size
2,148 SF
Space Use
Office
Condition
-
Available
Apr 2026

1st Floor

Size 2,148 SF
Space Use Office
Condition -
Available Apr 2026

Suite available at 406 E Washington Avenue totaling ±2,148 SF of professional office space in Downtown Jonesboro. The space features a functional office layout suitable for medical, administrative, or general office users. Located along East Washington Avenue, the property provides convenient access, on-site parking, and proximity to the courthouse, city offices, financial institutions, and numerous professional services. Offered at $3,600/mo on a gross lease, providing a straightforward occupancy option for tenants seeking a centrally located office environment.

Property Taxes

Property Taxes

Parcel Number
01-144184-32300
Land Assessment
$6,875 CAD
Improvements Assessment
$78,592 CAD
Total Assessment
$85,468 CAD
  • Listing ID: 39738648

  • Date on Market: 2026-03-11

  • Last Updated:

  • Address: 311 E Monroe Ave, Jonesboro, AR 72401

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