Tuesday, Dec. 4, 2018 at 10:00 AM CST
11100 US-167, Sheridan, Arkansas 72150
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/ email@example.com ~ Doors Open & Auctioneers will be On-site at 9:00 a.m. Day of Auction.
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.
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