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MAXWELL-HINMAN REAL ESTATE AUCTION

Auction Description

ATTENTION: BUSINESS OWNERS, REAL ESTATE INVESTORS & DEVELOPERS!
The Historic Maxwell-Hinman Home Built in 1881 ~ 3,352+/- SF Home Sitting on 0.97+/- Commercial Acres at the Northwest Corner of 2nd Street & Walton Boulevard ~ Prime Commercial Site, Zoned C-2 General Commercial w/ 24,000+/- VPD Average Daily Traffic Count ~ All Public Utilities Available ~ Live, Online Bidding Available ~ SELLING TO SETTLE THE MORRISON ESTATE!

REAL ESTATE DESCRIPTION: This 0.97+/- Acre Tract Contains The Historic Maxwell-Hinman Home w/ 3,352+/- SF & has a Detached Garage/Storage Building Containing 1,040+/- SF ~ The Historic 2-Story, 4 Bedroom/ 2 Bath Home is Less than One-Quarter Mile North of the Walmart Home Office, Walmart Transportation & Logistics Offices, Three-Quarter Mile from the Bentonville City Square & Only 2.3 Miles from Crystal Bridges Museum ~ This Prime Corner Commercial Property is Easily Accessed & has High Visibility ~ While the House Could Easily Convert to Office use, this Site also can be Redeveloped ~ HOME DESCRIPTION: First Floor Offers a Formal Living Area, Den, Formal Dining Room & Master Bedroom w/Updated Bathroom that Includes a Walk-in Mansfield Therapeutic Bath/Shower Combo ~ Galley Style Kitchen w/Laundry Area ~ Upper Floor Offers a Large Full Bathroom, (2) Bedrooms & a Large Open Bedroom w/Abundant Storage; this Room Could be Converted into 2 Rooms or 1 Room w/a Sitting Area ~ This Home has Maintained Much of the Original Victorian Era Architecture & Finishes & Could be Restored to its Original State to be a Showpiece! ~ Exterior was Painted 5 Years Ago & a New Marathon Hot Water Heater Installed ~ Remember, this Incredible Commercial Property is Selling to Settle the Morrison Estate!

AUCTIONEER’S NOTE: Do not miss this tremendous business and investment opportunity to own an excellent commercial property!

INSPECTION:
Drive by & Inspect this Property Anytime, or Contact Agents, Peter Guerin II at 501-733-6795/
peter@wilsonauctioneers.com or Ken Bethge at 870-550-5274/ ken@wilsonauctioneers.com ~ Auctioneers will be On-site at 1:00 p.m. Day of Auction.

CLOSING COMPANY: City Title & Closing LLC ~ Closing Agent: Joshua B. Hite (josh.hite@citytitlellc.com) ~ 5431 Pinnacle Pointe Drive (Ste. 105), Rogers, Arkansas 72758 ~ (479) 935-4177 ~ Fax/ (866) 889-7709.

REAL ESTATE TAXES FOR YEAR 2020: $1,382.32

SCHOOL DISTRICT: Bentonville

TERMS: $50,000.00 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 ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome!

 

Property Location

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