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CONWAY COMMERCIAL REAL ESTATE AUCTION

Auction Description

AUCTION CANCELLED DUE TO TITLE ISSUES

 

ATTENTION: CONWAY BUSINESS OWNERS, CHIROPRACTORS & REAL ESTATE INVESTORS!
Located in the Heart of Conway on Oak Street, this 2,400+/- SF Office has Operated as a Chiropractic Clinic for Over 30 Years & Now the Owner is Retiring! ~ Do Not Miss your Chance to Own a Rare Piece of Real Estate on Oak Street! ~ Live & Online Bidding Available!

 

REAL ESTATE DESCRIPTION: 

60+/- Feet of Road Frontage on Oak Street
135+/- Feet of Frontage on Lincoln Street

2,400+/- Total Building Square Footage

24,000+/- VPD Average Daily Traffic Count on Oak Street

13 Parking Spaces Along Oak Street & Lincoln Street

Zoned C-3 (Highway Service & Open Display District)

           

PURPOSE

The C-3 District is designed to encourage the development of recognizable, attractive

groupings of facilities to serve persons traveling by automobile, as well as to provide

certain amusement facilities serving the area. It is also a zone for business that serves a

city or regional trade area but which cannot command a location in the Central Business

District or Neighborhood Shopping Areas because of small volume, special clientele, need

for parking or similar reasons. The district has a high level of vehicular ingress and egress.

Merchandise may be of a type that must have special display and storage outside of

building and requires special transportation. This type of retail trade is not compatible with

pedestrian oriented commercial districts and shopping centers because they impede

pedestrian movement. Locations appropriate for such districts are along heavily traveled

major arterials.

 

Interior:

Reception Area

7 Exam Areas

Digital Dark Room

X-Ray Room

2 Storage Rooms

3 Entrance/Exits

2 Restrooms

Kitchenette

 

AUCTIONEER’S NOTE:  This prime piece of commercial property is located less than 0.5 miles from I-40 in the heart of Conway’s Business District. This office has operated as a chiropractic clinic for years but has multiple potential uses. The corner lot borders Conway’s newest Kum & Go C-Store and is a high-visibility area. The current owner will only look at offers for the business and assets prior to auction day.  

 

Offers Made Prior to Auction Day are Welcome & Encouraged!

 

INSPECTION:  By Appointment Only ~ Contact Agent, Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. on Auction Day.

 

CLOSING COMPANY:  Lenders Title Company ~ Closing Agent: Tiffany Brockington ~ 1301 Main Street, Conway, Arkansas 72034 ~ (501) 327-6811 ~ Fax/ 329-4962.

 

REAL ESTATE TAXES FOR YEAR 2021:  $1,861.00

 

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 Day are Welcome.

Auction Location

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