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ABSOLUTE COMMERCIAL REAL ESTATE AUCTION ~ PINE BLUFF, AR

Date

Tuesday, Nov. 6, 2018 at 10:00 AM CST

Auction Location

1212 South Ohio Street, Pine Bluff, Arkansas 71601

Real Estate Description

ATTENTION: RETAILERS, MECHANICS & REAL ESTATE INVESTORS!
(2) Buildings w/ 8,000+/- SF on 0.5+/- Acre ~ Zoned B-3 (HWY Commercial) ~ Selling On-site w/Live,
Online Bidding Available ~
 SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

REAL ESTATE DESCRIPTION: This 3,200+/- SF Masonry Showroom Building w/ 5 Offices & 2 Restrooms is Centrally Heated & Cooled ~ Plus a 4,800+/- SF Metal Garage Building w/ 3 Offices & 1 Restroom; Heated & has 3 Overhead Doors ~ This Approx. 1/2 Acre Site has 12,000+/- SF of Asphalt Parking & is Zoned B-3 (Highway Commercial) ~ Property has 280+/- Ft. of Frontage on Ohio Street ~ Remember, it’s Selling Regardless of Price on Auction Day!

AUCTIONEER’S NOTE:
  This property once housed Milam’s Honda, and is an excellent retail location on a busy thoroughfare!  Excellent storage and workshop facilities.  This property will sell to the highest bidder on auction day, so do not miss this opportunity!

TERMS ON REAL ESTATE:  $10,000.00 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 ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Made Prior to Auction Day are Encouraged & Welcome.

INSPECTION:  For Appointment to View Home, Contact Broker, Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 9:00 a.m. Day of Auction.

Legal Description

Aerial

Property Information Packet

DIRECTIONS:  From the Intersection of I-530 & HWY 65B, go North on E. Harding Ave. to South Ohio St. & Turn Right onto Ohio St. ~ Proceed North to Property on the Left ~ Watch for Auction Sign.

Auction Location

Terms

TERMS AND CONDITIONS:  $10,000.00 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 ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Made Prior to Auction Day are Encouraged & Welcome.

CLOSING COMPANY:  Jefferson Title Company, LLC ~ Closing Agent: Kay Beverly ~ 901 S. Poplar Street, Pine Bluff, Arkansas 71601 ~ (870) 540-4927 ~ Fax/ 540-1267.

REAL ESTATE TAXES FOR YEAR 2017:  $807.56

TERMS OF AUCTION