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RESTAURANT/PRIVATE CLUB BUILDING ABSOLUTE AUCTION ~ PINE BLUFF, AR

Auction Description

ATTENTION: INVESTORS & RESTAURANT/PRIVATE CLUB OPERATORS!
4,851+/- SF, Masonry Restaurant/Club Building on 1+/- Acre Lot, Zoned B-3 (Commercial) ~ 
All City Utilities ~ Concrete Parking for 50+/- Cars ~ Approximately 1/2 Mile South of 
Jefferson Square Shopping Center ~ Selling On-site w/Live, Online Bidding Available ~ 
SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

 

DIRECTIONS:  From I-530 & Olive St. (HWY 63), go North on Olive St. to W. 31st Ave., Turn Right & Proceed to Building on the Left ~ Watch for Auction Signs.

REAL ESTATE DESCRIPTION:  Built Approx. in 1978; this Structure was Originally Constructed as a Dine-in Restaurant/Lounge Housing Fuh Mei’s Oriental Restaurant ~ Building Contains 4,851+/- SF ~ Space is Divided into (2) Large Dining Rooms, a Private Dining Room, Kitchen w/Fire Suppression Vent-a-Hood, Dance Floor, Bar Area w/ 18 Ft. Bar, Private Office & (3) Restrooms ~ Building has (2) Entries & a Service/Delivery Entrance ~ Dura-Last Roof is Less than 3-Years-Old w/Transferable Warranty ~ This Site is 300 Ft. Along West 31st Avenue w/a Depth of 140 Ft. & has Concrete Parking for Approx. 50 Cars ~ Zoned B-3 (Commercial) ~ This Property has Great Income Producing Potential ~ REMEMBER, THIS PROPERTY IS SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

AUCTIONEER’S NOTE:  This building has most recently been used as a private club and designed for use as a dine-in restaurant.  Don’t miss this tremendous investment opportunity to own a property with excellent income potential!

TERMS ON REAL ESTATE:  $5,000.00 Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome!

INSPECTION:  To Inspect this Property, Contact Broker, Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com for Additional Information ~ Doors Open & Auctioneers will be On-site at 9:00 a.m. Day of Auction.

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