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Two-Story Downtown Building w/ Rental Income 624 S Main St 9,720 SF 100% Leased Office Building Jonesboro, AR 72401 $3,075,975 CAD ($316.46 CAD/SF)



Investment Highlights
- STUNNING two-story office building along Main St. in Downtown Jonesboro
- Excellent curb appeal with a BEAUTIFUL interior waiting area with grand stair case
- Directly across the street from the Federal Building & Craighead County Courthouse
- Currently set up with multi-tenant office spaces with all but one (1) being fully leased!
- Within walking distance to all Downtown Jonesboro amenities
- Ideal investment for a user/owner scenario
Executive Summary
Located along Main Street in the heart of Downtown Jonesboro, this stunning two-story office building presents an exceptional opportunity for investors and owner-users alike. The property offers timeless character, strong street presence, and an attractive layout currently designed for multi-tenant office occupancy. With all but one suite fully leased, the building provides immediate in-place income while still offering flexibility for a future owner to occupy the remaining available space or reposition the property over time.
From the moment you arrive, the property makes a lasting impression with its excellent curb appeal and prominent downtown presence. Inside, visitors and tenants are welcomed by a beautiful waiting area accented by a grand staircase, creating a professional and upscale environment that sets this property apart from typical office offerings in the market. The interior presentation, combined with the building’s established tenancy, makes it well-suited for a variety of professional office users.
The location is one of the property’s most compelling features. Situated within walking distance of Downtown Jonesboro’s restaurants, shops, banking, and everyday conveniences, the building offers tenants easy access to the amenities that make downtown office space desirable. In addition, the property sits directly across the street from the Federal Building and Craighead County Courthouse, further enhancing its appeal for legal, governmental, financial, and other professional service users who value proximity to key civic institutions.
Whether you are an investor seeking a well-located office asset with strong occupancy, or an owner-user looking to establish a presence in one of Jonesboro’s most recognizable downtown corridors, this property offers a rare blend of income, functionality, and long-term value. Opportunities to acquire a nearly fully leased office building in such a strategic downtown location are limited, making this an ideal user/investment opportunity.
From the moment you arrive, the property makes a lasting impression with its excellent curb appeal and prominent downtown presence. Inside, visitors and tenants are welcomed by a beautiful waiting area accented by a grand staircase, creating a professional and upscale environment that sets this property apart from typical office offerings in the market. The interior presentation, combined with the building’s established tenancy, makes it well-suited for a variety of professional office users.
The location is one of the property’s most compelling features. Situated within walking distance of Downtown Jonesboro’s restaurants, shops, banking, and everyday conveniences, the building offers tenants easy access to the amenities that make downtown office space desirable. In addition, the property sits directly across the street from the Federal Building and Craighead County Courthouse, further enhancing its appeal for legal, governmental, financial, and other professional service users who value proximity to key civic institutions.
Whether you are an investor seeking a well-located office asset with strong occupancy, or an owner-user looking to establish a presence in one of Jonesboro’s most recognizable downtown corridors, this property offers a rare blend of income, functionality, and long-term value. Opportunities to acquire a nearly fully leased office building in such a strategic downtown location are limited, making this an ideal user/investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Office
Building Size
9,720 SF
Building Class
C
Year Built
1990
Price
$3,075,975 CAD
Price Per SF
$316.46 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Typical Floor Size
4,860 SF
Building FAR
0.93
Lot Size
0.24 AC
Opportunity Zone
Yes
Zoning
C-1*
Amenities
- 24 Hour Access
Fairly walkable
50/100
Moderately drivable
60/100
Limited public transit
30/100
Somewhat bikeable
30/100
Property Taxes
| Parcel Number | 01-144183-39500 | Improvements Assessment | $97,704 CAD |
| Land Assessment | $31,580 CAD | Total Assessment | $129,284 CAD |
Property Taxes
Parcel Number
01-144183-39500
Land Assessment
$31,580 CAD
Improvements Assessment
$97,704 CAD
Total Assessment
$129,284 CAD
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Two-Story Downtown Building w/ Rental Income | 624 S Main St
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