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Listed price in listed location currency (USD).
$397,462

0020

MLS® 25012694

Overview

Key Facts

Type Business
Levels Commercial Sale
Size 6010 sqft
Garage 
Taxes $2,292
Days Active 383
Lot Size 
Approx. Age 1950
Avg. Price Per Sqft $66
MLS® Number 25012694

Property Address: 424 Highway 65 Bus, Clinton, AR, 72031-6635

Average square foot calculated using Size range provided by listing agent.

Description

GREERS FERRY LAKE has 30, 000 acres of water surface and attracts 7 million visitors a year. This property is 15 minutes from the Choctaw boat ramp. A visionary owner can add various income streams to the business. The location is central and in historic downtown Clinton. The opportunities are endless for those with a growth mindset and ambition. Buying an existing motel business always makes more sense than starting one from scratch, regardless of the economy. With the right experience, financial resources, and marketing strategy in place, you'll be counting dollar signs instead of sheep. 17 rooms (9 with 2 beds) (6 with 1 bed) (2 two room suites) 1 bedroom, living room, bathroom & kitchen, suitable for Owner/Manager. There are 18 parking spaces. Most of the 2 bed units are 20' x 14'. The 1 bed units are 16' x 10'. One unit with 2 beds is 16 x 16. 2 units with 2 beds are approximately 14' x 12'. At current room rates with 50% occupancy, the projected gross income is over $190, 000. There are 18 parking spaces, and additional space for trailers. Clinton needs rental units, and this is a good candidate for soft conversion to studio apartments.
MLS® Number25012694
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1950
Basement
Driveway11 - 25 Spaces
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Apr 2, 2025List Date
$397,462List Price

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