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304 East Court Street
Jasper, AR 72641

$2,250,000 USD

Hotel For Sale  •  12,000 SF

Property Details

  • Property Type Hotel
  • Total Building Size 12,000 SF
  • Lot Size 4.5 AC
  • Building Class C
  • Year Built 1950
  • Zoning CI, R
0 Transit Score
35 Walk Score

Description

Premier site in Arkansas’ outdoor mecca servicing all ecotourism venues. Jasper commercial real estate sites very limited. And this one comes with highly prized canoe concession license that is a true carrot for enhancing the property’s other commercial applications.

Riverview Motel and Canoes offers a unique combination of canoe operations and super convenient accommodations with a lot of upside business potential. Adjacent to the Little Buffalo River along famous scenic Hwy 7, the property includes a 1950s-era motel with 28 rooms (8 rentable) and a canoe operation with a Buffalo National River concession license thru 2036 permitting 60 canoes/kayaks. The property also features an historic home and four large metal buildings that serve as an auto-body repair business that will relocate. Premier location is gateway to Jasper and ideal for diverse river access to upper and middle sections of the nearby Buffalo National River. The 4+ acre site presents opportunities for revitalizing the motel or developing a retail/restaurant complex in this outdoor adventure focused town surrounded by the Little Buffalo River, Buffalo National River and spectacularly beautiful Boston Mountains.

Highlights

Premier Location large lot in Jasper ... Arkansas' outdoor capital
Prized Buffalo National River Canoe Concessioner Permit - 60 canoes/kayaks
Historic residence

Property Flyers

Amenities

  • Pool
  • Shuttle Service
  • High Speed Internet Access
  • Patio
  • Public Access Wifi
  • Smoke-Free

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 28
Type: Surface
Included in Rent: Yes
Stewart Nance 870-688-7100 Cantrell-Griffin Business Brokers
Stewart Nance 870-688-7100 Cantrell-Griffin Business Brokers