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ABSOLUTE REAL ESTATE AUCTION

Auction Description

(3) Commercial Buildings Containing 9,410+/- SF, Plus Development Land ~ Offered in (3) Tracts & in Combination ~ Selling On-site w/Live, Online Bidding Available ~
SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

REAL ESTATE DESCRIPTION: (TRACT 1) has (2) Metal Buildings Containing 5,910+/- SF Situated on a 125 x 240 Ft. Lot, Zoned B-3 (Highway Commercial) ~ The Front Building has a Horizontal Sliding Door & the Rear Building has (4) Overhead/Sliding Doors ~ (TRACT 2) is a 125 x 240 Ft. Lot, Zoned B-3 (Highway Commercial) w/ 3,500+/- SF Building ~ The Building has (2) Overhead Doors & a Small Office/Restroom Area ~ The Office Area is Centrally Heated & Cooled ~ Building has 440-Volt Electrical Service & a Loft Area for Storage Over the Office Area ~ The Corner Portion of this Tract is Ready for Additional Development ~ (TRACT 3) is a Vacant Tract, Zoned R-3 (Residential) w/ 150+/- Ft. of Frontage on Arlington St. & a Depth of 104+/- Ft. ~ This Zoning Allows the Construction of Either Single-Family Homes or Duplexes ~ Great Location on Blake Street w/an Average Daily Traffic Count of 15,000+/- Vehicles Per Day (2019 ARDOT DATA) ~ This is a Great Commercial Property w/Potential for Development of Single-Family Homes or Duplexes ~ These (3) Tracts Will be Offered Individually & in Combination ~ Don’t Miss Out on Purchasing 1 or all 3 Properties ~ Remember, these Properties are Selling Regardless of Price to the Highest Bidder on Auction Day!

INSPECTION:
Drive by Anytime, or Contact Broker,
Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com with Any Questions or to Schedule a Walk-Through Inspection ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. Day of Auction.

CLOSING COMPANY: Jefferson Title Company, LLC ~ Closing Agent: Kay Beverly ~ 715 West 5th Avenue, Pine Bluff, Arkansas 71601 ~ (870) 540-4927 ~ Fax/ 540-1267.

REAL ESTATE TAXES FOR YEAR 2019:
(TRACT 1) $1,093.65
(TRACT 2) $520.00
(TRACT 3) $59.46


TERMS: (TRACTS 1 or 2) $10,000.00 (PER TRACT) ~ (TRACT 3) $3,000.00, All in the form of a 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 ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome!

Auction Location

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