18.9 acres in Sebastian County, Arkansas
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Details about the Lake House
Description of the Lake House
Great Investment potential! 18.9 acres Arkansas River front property, Located within the Ft. Smith city limits near the City Park. Seller indicates an "AS IS" income potential from the Industrial Crane rental, Tug Boat rental and the Home rental of $100,000+ annual income possible. This inland location along the McClelland-Kerr Navigational system allows freight to be transported to the Gulf Coast and around the world via the Arkansas and Mississippi Rivers. The property is zoned C-5 Commercial. "Highest and Best Use" might include office or light Industrial uses requiring direct barge shipment/receiving access. The property borders Clayton Expressway to the south, the Arkansas River to the north, Corp of Engineer land and Ft. Smith City park to the east and Commercial/Industrial zoned land to the west. One of the only Marina Permits available on the Arkansas River conveys with the property. A Marina, if constructed, has already been approved for 176 slips and may extend 300 feet out into the water! This property has also been approved for 57 RV spaces. City water and sewer on site. Included in the price is a 400 Hp Tug Boat, a 30-ton Bucyrus Industrial Crane, a 2006 model 80' x 18', 3 BR/ 2 bath mobile home with decks and river frontage, a 14' x 70' mobile home used for storage and three 35' utility storage trailers. There are also four, 400 amp Industrial electric service panels. Please take the "VIRTUAL TOUR" above the picture, upper right.
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