Friday, Mar. 15, 2019 at 12:00 PM CST
26629 Highway 5, Lonsdale, Arkansas 72087
ATTENTION: BUSINESS OWNERS, COMMERCIAL DEVELOPERS & INVESTORS!
Prime Commercial Real Estate in an Excellent Location just 1.3 Miles West of Hot Springs Village
East Gate Entrance ~ 2,448+/- SF Brick Office Building Built in 2007 w/16-Space Concrete Parking Lot ~
7 Lots Totaling 2.6+/- Acres w/HWY 5 Frontage ~ Selling On-site w/Live, Online Bidding Available
REAL ESTATE DESCRIPTION: Conveniently Located on HWY 5 between the Balboa & East Gate Entrances into Hot Springs Village is this Extremely Well Maintained, Currently Vacant, 2,448+/- SF Office Building Built in 2007 w/Custom Brick Exterior, Architectural Shingle Roof, Attractive Front Covered Patio Entrance, Professional Landscaping, 16-Space Concrete Parking Lot & Portable Storage Building ~ Move-in Ready Building Contains a Receptionist Lobby, (7) Business Offices, Filing & Storage Room w/Built-ins, Large Conference/Training Room w/Surround Sound & Whiteboard, Full Kitchen w/Appliances, (2) Restrooms, Janitor’s Closet, Front Door & (2) Rear Doors ~ Immaculate Interior Features 9 Ft. Ceilings, a Combination of Carpet & Tile Flooring, Neutral Beige Painted Drywall w/Ivory Trim ~ This Property would make an Excellent Location for Many Different Types of Businesses Including Real Estate Office, Insurance Agency, Financial, Accounting or Tax Services, Medical, Dental or Veterinary Clinic, Corporate Headquarters & More ~ The Building & Parking Lot Sit on 2 of the 7 Lots Totaling 2.6+/- Acres w/Over 600 Ft. of Frontage on HWY 5, so there is Room for Expansion or an Opportunity to Develop a Professional Park, making this an Excellent Commercial Real Estate Investment ~ All City Utilities.
AUCTIONEER’S NOTE: This building is the former local office for Home Instead Senior Care and is perfect for many different types of businesses that would benefit from the excellent location and a 4,100 daily traffic count just outside Hot Springs Village on Highway 5 between Hot Springs and Benton. Do not miss this opportunity!
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 Made Prior to Auction Day are Encouraged & Welcome.
INSPECTION: For Appointment to View, Contact Agent, Doug Westgate at 501-815-4004/ email@example.com ~ Doors Open & Auctioneers will be On-site at 11:00 a.m. Day of Auction.
DIRECTIONS: Property is Located 1.3 Miles West of the Hot Springs Village East Gate & 2 Miles East of the Balboa Gate ~ Watch for Auction Sign & Property on the South Side of HWY 5.
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 Made Prior to Auction Day are Encouraged & Welcome.
CLOSING COMPANY: Hot Springs Title Company ~ Closing Agent: Jackie Hitt ~ 4565 N. Highway 7 (Suite 1), Hot Springs Village, Arkansas 71909 ~ (501) 984-6174.
TERMS OF AUCTION