Auction Description

ATTENTION: BUSINESS OWNERS, ENTREPRENEURS & REAL ESTATE INVESTORS!
Well-Maintained, 3,000+/- SF Commercial Building ~ High Traffic Location w/HWY 7N Frontage ~
Perfectly Suited for Many Types of Retail Sales, Professional, or Small Manufacturing Businesses ~ Live, Online Bidding Available ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!

REAL ESTATE DESCRIPTION: This 3,000+/- SF Heated & Cooled Building is in an Excellent, High-Traffic Location just North of Hot Springs Village & South of Jessieville Schools, on a Level 0.3+/- Acre Lot, w/Prime HWY 7 Frontage ~ Currently Rented Month-to-Month ~ Well-Maintained Building w/Curb Appeal ~ Covered Front Patio ~ Large Poured Concrete Parking Pad w/Gravel Circle Drive & Plenty of Space for Additional Parking ~ Exterior is Vinyl Siding & Wood ~ Architectural Shingle Roof ~ Ruud Heat Pump ~ Extremely Secure w/Steel Mesh Front Security Door ~ Welded Steel Mesh Security Windows Throughout ~ (2) Steel Side Doors ~ Formerly an Antique Store & Merchandise Liquidation Store ~ Building Contains a Lobby/Reception Area w/Office & Bathroom ~ (2) Large Open Areas Suited for Retail Display, Office Space or a Workshop for Manufacturing ~ Break Room & 2nd Bathroom ~ Drive-in Shipping & Receiving Area w/Overhead Door & Inventory Storage Room ~ Additional Floored Attic Loft used for Storage that could be Finished into an Office or Additional Retail Display Room ~ Fluorescent Lighting ~ This Building & Location are Perfect for Many Types of Businesses Including, a Pawn Shop, Antique/Consignment Sales, Flea Market, Retail Sales Shop, Rock Shop, Cabinet Shop & Many Other Retail or Manufacturing & Distribution Businesses ~ Lighted Signage ~ City Water & Septic ~ Remember, it’s Selling Regardless of Price to the Highest Bidder on Auction Day!

INSPECTION: Property can be Inspected Anytime ~ Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com with Any Questions ~ Auctioneers will be On-site & Registration begins at 10:00 a.m. Day of Auction.

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 2020: $687.78

TERMS: $10,000.00 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 Day are Welcome.