Share This Listing

Message

939 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

Still interested?

Contact the broker for more information about this property

Riverview Motel 304 East Court Street 30 Room Hotel Jasper, AR 72641 $3,115,125 CAD ($103,838 CAD/Room)

Save this listing!

Favourite this listing to get notified of price updates, new media and more

INVESTMENT HIGHLIGHTS

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

EXECUTIVE SUMMARY

Discover the perfect ecotourism business opportunity. Riverview Motel and Canoes is conveniently located on the banks of the Little Buffalo River on Scenic Hwy 7 in Jasper Arkansas, only 2 blocks from shopping and amazing dining all around the beautiful and historic Jasper square. The1950s era motel is strategically located in the nature-iconic Newton County and only a short drive to Buffalo National River. Perfect location for accessing the 35 mile stretch of upper and mid-river BNR river access points. Jasper location offers more floatable days on lower sections as well as exciting upper river runs during wetter seasons. Included: 28 room motel (8 currently rentable), Riverview canoe operations with prized Buffalo National River concession license for 60 canoes/kayaks. Seller will remain involved during transition. Also included: Historic home and 4 large metal buildings currently housing an auto-body repair business that will relocate if desired by buyer.
Premier site in Arkansas’ outdoor mecca servicing all ecotourism venues. Jasper commercial real estate sites very limited. And this one comes with the canoe concession license that is a true carrot for enhancing the property’s other commercial applications. Jasper is essentially landlocked on 4 sides by Little Buffalo River and the majestic Boston Mountains. This large 4.5 acre location is the signature gateway commercial real estate entrance to Jasper. Traffic count is 4500/day. It is well-suited for a mixed use redevelopment including the canoe operation

PROPERTY FACTS

Price $3,115,125 CAD
Price Per Room $103,838 CAD
Sale Type Investment
Sale Conditions
Bulk/Portfolio Sale
  • Business Value Included
  • Deferred Maintenance
  • Redevelopment Project
Property Type Hospitality
Property Subtype Hotel
Building Class C
Lot Size 4.50 AC
Building Size 12,000 SF
No. Rooms 30
No. Stories 1
Year Built 1950
Parking Ratio 2.33/1,000 SF
Corridor Interior
Zoning CI, R - Commercial Improved and Residential

AMENITIES

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

ABOUT 304 EAST COURT STREET , JASPER, AR 72641

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.

ROOM MIX INFORMATION

DESCRIPTION NO. ROOMS DAILY RATE SF
Guest Room 30 $155.06 CAD -
  • Listing ID: 36535223

  • Date on Market: 2025-06-29

  • Last Updated:

  • Address: 304 East Court Street, Jasper, AR 72641

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}