Improved Commercial Land for Sale in Jordan, Arkansas
4245 S Highway 177 Hwy Jordan, AR 72519
Highly profitable & acclaimed 4* restaurant & 11 nightly rental cabin business on beautiful Norfork Lake. Conveniently located near dam, business enjoys very loyal following attracted to area's world class fishing & water sports on White River and both the Norfork River & Norfork Lake. Restaurant includes rebuilt kitchen & seats 100 guests inside, 40 outdoor on picturesque patio. Undermarketed, newly refurbished nightly rental cabins provide a great opportunity to work, live & enjoy the area. Popular, semiactive catering side business w opportunity to grow. New owner can manage, promote, grow business as all needed upgrades are completed. No marketing effort on cabins other than website phone#. Includes adjoining 36 ac option to purchase and add RV park or additional cabins. Property is a hidden gem for an entrepreneur looking to capitalize on exceptional location, impressive amenities & significant untapped potential. The perfect blend of nature, luxury overnights, culinary excellence and ROI.
Directions
From Mtn. Home, take Hwy 177 S 15 miles to property on right, 1 mile past Norfolk Lake dam crossing.
Location
- Street Address
- 4245 S Highway 177 Hwy
- County
- Baxter County
- Elevation
- 725 feet
Property details
- Zoning
- Commercial
- MLS Number
- ARMLS 1251892
- Date Posted
Parcels
- 001-01543-000
Resources
Detailed attributes
Listing
- Type
- Commercial Sale
- Franchise
- Weichert
Lot
- Features
- Waterfront
Structure
- Materials
- Masonite, Vinyl Siding
- Roof
- Metal
- Heating
- Space Heater
Interior
- Rooms
- Basement
- Floors
- Concrete, Laminate, Wood
- Features
- Fire Alarm, Security System
Listing history
| Date | Event | Price | Change | Source |
|---|---|---|---|---|
| July 24, 2024 | Price drop | $1,475,000 | $615,000 -29.4% | ARMLS |
| Mar 21, 2024 | Price increase | $2,090,000 | $95,000 4.8% | ARMLS |
| Mar 20, 2024 | Price drop | $1,995,000 | $305,000 -13.3% | ARMLS |
| July 21, 2023 | New listing | $2,300,000 | — | ARMLS |