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ABSOLUTE SHANNON HILLS COMMERCIAL REAL ESTATE AUCTION

Auction Description

ATTENTION: COMMERCIAL REAL ESTATE INVESTORS, CHURCHES, SCHOOLS & PHYSICIANS!
Recently Vacated, 5,990+/- SF Retail/Office Building on 0.74+/- Acres ~ Large Paved Parking Lot w/ 29 Parking Spaces & Room for More! ~ Building Built in 2000 & has been Well-Maintained & Formerly Leased by Fred’s Pharmacy ~ Ideal Location in the Center of Shannon Hills Across from Shannon Hills City Hall & the Police Department ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!


REAL ESTATE DESCRIPTION: This Vacant, Pre-Engineered, Steel Building has 5,990+/- SF & was Built & used as a Pharmacy & Compounding Center ~ The Site Contains 0.74+/- Acres & Provides Asphalt Parking for 29 Automobiles w/ Room for More ~ This Building is Approximately 21 Years Old & sits on a Concrete Slab w/Metal Exterior Walls & Roof ~ Flooring in the Retail Area is Vinyl Tile & Carpeting & Ceilings are Suspended Acoustical Tile ~ Space is Divided into a Retail Display Area, Office Space, 2 Restrooms (One is Handicapped Accessible), Storage Room & Kitchenette ~ Other Features Include a 4 Ft. Sliding Front Entry Door w/Security Gate, Double Door Delivery Area, Backup Generator & Drive-in Window ~ This Building is Centrally Heated & Cooled & has been Well-Maintained ~ Property is Zoned C-1 (Commercial) ~ Offers Prior to Auction Day are Welcome! ~ REMEMBER, IT’S SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

INSPECTION: Drive by Anytime to Inspect this Property or Contact Broker, Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com for More Information ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. Day of Auction.

CLOSING COMPANY: 
American Abstract & Title Company ~ Closing Agent: Andrew Adkins ~ 12824 Cantrell Road, Suite 100, Little Rock, Arkansas 72223 ~ (501) 227-8603 ~ Fax/ 227-9160.

REAL ESTATE TAXES FOR YEAR 2020: $3,036.00


TERMS: $15,000.00 Cashier’s Check made Payable to 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!

Property Location

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