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GRANT COUNTY ABSOLUTE COMMERCIAL REAL ESTATE AUCTION ~ SHERIDAN, AR

Date

Tuesday, Dec. 4, 2018 at 10:00 AM CST

Auction Location

11100 US-167, Sheridan, Arkansas 72150

Real Estate Description

ATTENTION: RESTAURANT OPERATORS, RETAILERS, CAR DEALERS & INVESTORS!
3,600+/- SF Restaurant/ Showroom/ Office Building on 3.8+/- Acres ~ Approx. 11 Miles South of Sheridan ~ 
Selling On-site w/Live, Online Bidding Available ~
 SELLING REGARDLESS OF PRICE ON AUCTION DAY!

REAL ESTATE DESCRIPTION:  Built Approx. in 2008, this Property Housed a Restaurant for Several Years ~ The Property has been Well-Maintained & it has Asphalt Parking for Over 50 Cars ~ The Building Consists of 3,600+/- SF & is Divided into a Large Open Dining Area, Kitchen, Manager’s Office, Storage Room & Multiple Restrooms & it’s Centrally Heated & Cooled ~ Also Located On-site is a Steel Storage Building w/ 1,440+/- SF ~ This Site has High Visibility & Contains 3.8+/- Acres w/Public Water & an On-site Septic System ~ Remember, it’s Selling Regardless of Price to the Highest Bidder!

AUCTIONEER’S NOTE:  This property has been well-maintained and is ready for occupancy.  Don’t miss this tremendous investment opportunity to own a property with excellent income potential!

TERMS ON REAL ESTATE:  $25,000.00 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 Prior to Auction are Welcome!

INSPECTION:  To Inspect this Property, 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.

Aerial

Legal Description

Property Information Packet

DIRECTIONS:  From the Intersection of US HWY 270 & HWY 167, Travel South on HWY 167 Approx. 12 Mi. ~ Watch for Auction Signs & Property on the Right.

 

Auction Location

Terms

TERMS AND CONDITIONS:  $25,000.00 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 Prior to Auction are Welcome!

CLOSING COMPANY:  First National Title Company ~ Closing Agent: Dianne Donaldson ~ 206 N. Rose Street (Suite 100), Sheridan, Arkansas 72150 ~ (870) 942-8084 ~ Fax/ 942-7651.

REAL ESTATE TAXES FOR YEAR 2017:  $1,790.70

TERMS OF AUCTION