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Off market
  • $646,900

    5303 E Nettleton Ave, Jonesboro, AR 72401

    --beds
    0baths
    14,322sqft
    MultiFamily
    Built in 1970
    -- sqft lot
    $646,900 Zestimate®
    $45/sqft
    $960 Estimated rent

    What's special

    STOP AND LOOK AT THIS: PRIME COMMERCIAL PROPERTY ON EAST NETTLETON AVENUE, JONESBORO, ARKANSAS. The land offers 280 feet of East Nettleton Avenue frontage and is close to Ed's Catfish and Nettleton Schools. Very high visibility and traffic area. Sitting on this 1.5 acres m/l is The Lisa Ann Motel, which has been converted into 25 single unit rentals. Each unit offers 365 to 385 sq. ft., window air, natural gas wall heaters, and kitchenettes are available in units as well. City utilities provided to each unit. There is a restaurant, dining area and kitchen which offers 4,500 sq. ft. of superb rental space for your new business. Also, all parking is paved. This is a great opportunity for investors or someone looking to get started in the rental business.

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bathrooms: 0
    Features
    • Has fireplace: No
    Interior area
    • Total interior livable area: 14,322 sqft

    Property

    Lot
    • Size: 0.30 Acres

    Construction

    Type & style
    • Home type: MultiFamily
    Condition
    • Year built: 1970

    Community & neighborhood

    Location
    • Region: Jonesboro
    Services availability
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    An equal housing lender. NMLS #10287.