Auction Description

ATTENTION: HOT SPRINGS AREA BUSINESS OWNERS & COMMERCIAL REAL ESTATE INVESTORS!
(3) 32x90 Ft. Quonset Greenhouses in Excellent Condition, 40x75 Ft. Metal Building, Office Trailer & 30x50 Ft. Metal Sided Greenhouse on 1.49+/- Acre Lot ~ Located 1+/- Mile from MLK Expressway (Exit 4) in Hot Springs ~ Also Selling, 60 Lots of Personal Property Items Offered ONLINE ONLY ~ Live & Online Bidding Available for the Real Estate ~ ALL SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

REAL ESTATE DESCRIPTION: This 1.49+/- Acre Completely Fenced & Cross Fenced Property is a Perfect Property to Start a New Nursery or Landscaping Supply Business or Contractor’s Yard, Conveniently Located 1+/- Mile from the Higdon Ferry Exit of MLK Expressway ~ Property Contains a 40x75 Ft. Metal Building Warehouse w/ (2) Overhead Doors, Large Open Shop Area, a Loft Storage Area, 2nd Story Roughed-in Office w/Bathroom & 3rd Story Storage Room ~ (3) 32x90 Ft. Commercial Quonset/Hoop Greenhouses Built in 2013, in Like-new Condition, Complete w/Heaters, Fans & Mesh Fabric Covers ~ Older 30x50 Ft. Metal Sided Greenhouse ~ 12x56 Ft. Older Mobile Home used as an On-site Business Office ~ (2) Gated Entrances & Railroad Tie Open-ended Landscaping Material Storage Bays ~ City Utilities Include Electricity, Water & Sewer ~ This Property is Currently Zoned Residential After being Annexed into the City of Hot Springs but is “Grandfathered in” for the Non-conforming Use as a Nursery/Landscape Business or Contractor’s Yard ~ Offers Made Prior to Auction Day on the Real Estate are Welcome! ~ REMEMBER, IT'S SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

SPECIAL INSPECTION: Saturday, July 25th, from 10:00 a.m. until 1:00 p.m. the Auction Location will be Open to View the Real Estate & Personal Property Items ~ Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com with Any Questions ~ Auctioneers will be On-site at 9:00 a.m. on Auction Day.

CLOSING COMPANY: Lenders Title Company ~ Closing Agent: Shanda Dunlap ~ 110 Ouachita Avenue, Hot Springs, Arkansas 71901 ~ (501) 624-2541 ~ Fax/ 623-4552.

REAL ESTATE TAXES FOR YEAR 2019: $1,365.06

TERMS: $15,000.00 Cashier’s Check made Payable in Your Name or Wilson Auctioneers, Inc. 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!