1162 S Hwy 71 Mena, AR $ 475,000
1162 S Hwy 71
$ 475,000
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1162 S Hwy 71

Mena, AR, 71953
$ 475,000
Baths0.0 Sq 5,000

Monthly Estimate*

$ 3,157

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Studio

Commercial Property for sale in Mena, AR

for $475,000. This 5,000 square foot building was built in 1950 on a lot size of 1.4.

Don’t miss this unique opportunity to own a Historic Boutique Motel in Mena, AR. This turn key property is already a successful airbnb, with unlimited growth potential! The current owner did a major renovation in 2020, and the property currently boasts four beautifully renovated suites, thoughtfully designed with Mid-Century flare and furnishings. Each suite sleeps 4 guests and includes a King, and double bed. Each unit opens onto a large backyard, complete with small private patios. The backyard grounds include over 1 acre of land that could easily be transformed to host weddings and events. Highway frontage gives great street access to visitors, and the property has plenty of parking for guests. There are 3 additional rooms which have not been redone yet, but when finished would bring the income potential up significantly. The property also includes a 3 bed/2 bath home.

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Commercial Active

Price

$ 475,000

Bedrooms

Studio

Property Type

Commercial

Taxes

$ 1,200

Style

Traditional

Lot Size

1.4

Year Built

1950

Town/City

Mena

County/Region

Polk

MLS | Web ID

24001382

Features
General
Interior Features Smoke Detector
Heating Mini Split
Utilities Sewer-Public Water-Public Electric-Municipal Gas-Natural TV-Cable
Roof Composition Metal
Exterior Features Storage Building Dumpster Pole Sign
Year Built 1950
Parking 1 - 10 Spaces Gravel
Tenant Pays All Utilities
Subdivision Mena AR
Style Traditional
Stories One Story
County Polk
Class Commercial / Industrial
Present Use Hotel/Motel
Type Business Bldg and Land
Business Type Boutique Motel
Business Name Be-Bopper's Inn
Inside City Limits Yes
Status Active
Zoning Central Business Highway Service
Docs on File None
Warranty As-Is Prsnt Cnd at Clsng
Primary City Mena
Directions From Downtown Mena head south on Hwy 71. Property will be on the left.
City Mena
Street Name Hwy 71
DOM 146
Postal Code 71953
Price Per Sq Ft Total AG 95
Coming Soon Don’t miss this unique opportunity to own a Historic Boutique Motel in Mena AR. This turn key property is already a successful airbnb with unlimited growth potential! The current owner did a major
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Exterior
Exterior Brick Frame Brick & Frame Combo
Road Surface Gravel Paved
Foundation Crawl Space Slab
Lot Size Area 1.4
Lot Dimensions 1.4 acres
Lot Level
Parking 10
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Interior
Floors Vinyl Luxury Vinyl
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* Excluded Features
List By
Ryan Lewis

Listing Agent

Holly Springs Real Estate

Broker

Ryanlewis.hollysprings@gmail.com

Email

Affordability Calculator

$3,257
Per Month
97%
3%
0%
Monthly Principal & Interest
$3,157
Monthly Property Taxes
$100
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.99% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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The time to sell is now
THE TIME TO SELL IS NOW!
Nearby
886427 Elementary School
886671 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/12/2024$475,000 Listed Price

Map


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1162 S Hwy 71, Mena, AR, 71953 is a Commercial Property for sale at $475,000 with 5,000 sqft and a lot size of 1.4. 1162 S Hwy 71 is a studio with 0.0 baths and was built in 1950. The property's zip code is 71953 which is in Mena, AR