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ABSOLUTE COMMERCIAL REAL ESTATE AUCTION

Auction Description

ATTENTION: BUSINESS OWNERS, PROFESSIONALS & REAL ESTATE INVESTORS!
2,730+/- SF Brick Exterior Building w/Architectural Shingle Roof on 0.75+/- Acres is Conveniently Located in the Center of Arkadelphia just 1 Block West of HWY 67, 3 Blocks South of Main Street & Less than 1 Mile from Henderson State & Ouachita Baptist Universities ~ Live, Online Bidding Available ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!


REAL ESTATE DESCRIPTION: This 2,730+/- SF Brick Exterior Building w/Architectural Shingle Roof on 0.75+/- Acres is Conveniently Located in the Center of Arkadelphia just 1 Block West of HWY 67, 3 Blocks South of Main Street & Less than 1 Mile from Henderson State & Ouachita Baptist Universities is SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY! ~ Built in 1970 on the Corner of S. 7th Street & Carpenter Street w/All City Utilities, Including Electricity, City Water, City Sewer & Natural Gas ~ Building is Suitable for Many Different Types of Businesses Including, but not Limited to Insurance, Tax Preparation, Real Estate, Medical Clinic & it was a Radio Station for Many Years ~ Current Interior Layout Consists of (6) Offices, Large Meeting Room, Lobby/Reception Area, Kitchen, Storage Room & (2) Bathrooms ~ This Structurally Sound Building is in Need of Interior Cosmetic Remodeling & Updating ~ Ample Asphalt Parking Around Building ~ Central HVAC Unit ~ Remember, it’s Selling Regardless of Price to the Highest Bidder!

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: $2,241.06

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 ~ 10% Buyer’s Premium ~ Offers Prior to Auction are Welcome.

Property Location

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