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Riverview Motel With Canoe Operations
For Sale
$1,950,000

304 E Court Street, Jasper, AR 72641

Lodging and river-oriented recreational operations are combined with additional buildings and a historic home on the property.

Property Size10,000 SF
Price / SF$195
Days on Market147

Property Features for 304 E Court Street

General Information

Standard status Active
Size 10,000 SF
Property subtype CommercialSale

Site & Location

Highway Access Yes
Road Access Yes

Additional Details

Business Included Yes

Building Details

Buildings 6
Listing Agency: The Griffin Company Commercial Division-Springdale
Listed By: Stewart Nance · License #SA00078543
Source: Connectrealtynwa
Added: Apr 8 Changed: Aug 29 Last Checked: Aug 31 at 5:11PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Griffin Company Commercial Division-Springdale

Investment Insights

Based on property information with market context.

This 1950-built motel includes 28 rooms, with 8 currently rentable, along with canoe operations serving Buffalo National River visitors. The property also includes a historic home and four large metal buildings presently occupied by an auto-body repair business; that operation is expected to relocate if the buyer chooses.

The site sits along the Little Buffalo River on Scenic Hwy 7 in Jasper, two blocks from shopping and dining near the historic Jasper square. It provides access to the upper and mid-river sections of Buffalo National River, including 35 miles of river access points. The canoe business includes a concession license for 60 canoes/kayaks, and the seller will remain involved during the transition.

Key Highlights

  • 28‑room motel with 8 currently rentable rooms
  • Canoe operation includes a Buffalo National River concession license for 60 canoes/kayaks
  • Property fronts the Little Buffalo River on Scenic Hwy 7

Property Analytics

Current Use

Motels

Suggested Use

Top Pick HVAC Service Hair Salon Pharmacy Nail Salon (Bike/Boat/Book/etc) Store Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

205
Businesses Nearby
2k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 100%
Bank OZK Shops & Services
2,168 visits/mo 0.3 miles

Demographics for 72641, AR

2,011
Population
1,185
Households
1.7
Avg Household Size
53
Median Age
10%
College-Educated
89%
High-School Grad
112.5 sq mi
ZIP Area
18
Density / Sq Mi
$39,344
Median Household Income
$30,958
Median Earnings
$667
Median Rent
$201,400
Median Home Value

Market

Vacancy Rate% for Retail in South region

7% 2020
6.2% 2021
5.1% 2022
4.8% 2023
4.9% 2024
5.4% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Motel - Lodging and river-oriented recreational operations are combined with additional buildings and a historic home on the property.
Where is this motel located?
The property is located at 304 E Court Street Jasper, AR.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: 28‑room motel with 8 currently rentable rooms; Canoe operation includes a Buffalo National River concession license for 60 canoes/kayaks; Property fronts the Little Buffalo River on Scenic Hwy 7
More about this property
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