1320 S Albert (Pike) Avenue, Fort Smith, AR 72903 (MLS # 1336624)
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Looking for a commercial lot/property? Grand colonial w/ strong income potential in the heart of Fort Smith. This 7,000 sq ft home offers 9 beds & 9 bathrooms & was built in 1950 with classic charm. Formerly a successful bnb for nearly 40 years, it operated until 2021. The property now features private suites: 6 available, 1 coming soon, 1 for a caretaker, and 1 needing minor updates. The home features a grand staircase, large living room with fireplace, spacious dining area, and an upstairs game room with bar. The updated kitchen includes custom cabinets, quartz countertops, island, and Z-Line appliances including a 48" gas range. Three coffee bars are located throughout. The game room includes a full-size fridge, sink, and microwave. The backyard has hosted weddings and includes a koi pond. Plenty of parking. The home comes fully furnished and maintains about 50% occupancy with minimal marketing. Restaurants, shopping, hospitals, UAFS (4 minutes), and the airport (9 minutes) are nearby. Also, residential 1336630.
| LAST UPDATED | 2/19/2026 | YEAR BUILT | 1950 |
|---|---|---|---|
| COUNTY | Sebastian | STATUS | Active |
| PROPERTY TYPE(S) | Commercial |
| ADDITIONAL DETAILS | |
| AIR | Central Air |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Gas Water Heater, Tankless Water Heater |
| BASEMENT | Crawl Space, Partial, Unfinished, Yes |
| HEAT | Central |
| LOT | 0.88 acre(s) |
| LOT DESCRIPTION | City Lot |
| SEWER | Public Sewer |
| UTILITIES | Electricity Available, Natural Gas Available, Sewer Available, Water Available |
| WATER | Public |
MORTGAGE CALCULATOR
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