About 311 S Main
Discover an exceptional investment opportunity in the heart of historic downtown Jonesboro with this versatile commercial building for sale! The street level of this 3 level building features 17 offices, (mostly renovated), renting for $400-$600 per month utilities included, offering a steady income stream. Alongside the offices is a charming boutique store, also available for sale as a business, with an estimated rental potential of $2,500 per month. The back salon on the ground floor, equipped with modern amenities, is poised to rent for approximately $800 per month. The 6,700+/- square foot basement boasts a newly renovated restaurant space with updated ceiling tiles, flooring, countertops, and bathrooms, leased for $5,000 per month with utilities included under a new 3-year term; the restaurant handles renovations and maintenance and is fully handicap accessible. The top floor, currently vacant, presents endless possibilities, perfect for event rentals, a small bar, or even an Airbnb, and could be split into multiple units to maximize rental profits. This multi-purpose property combines historic charm with modern upgrades, making Property located in opportunity zone.
