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



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
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
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 | - |
Presented by
Riverview Motel | 304 East Court Street
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