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GRANT COUNTY ABSOLUTE REAL ESTATE AUCTION ~ SHERIDAN, AR

Auction Description

ATTENTION: BUSINESS OWNERS, COMMERCIAL LANDLORDS & REAL ESTATE INVESTORS!
Excellent Income Producing Property ~ 3 Unit, 5,347+/- SF Commercial Center & Adjoining 2BR/ 2BA Home ~
0.54+/- Acre Commercial Lot on HWY 270 in Sheridan ~ Selling On-Site w/Live, Online Bidding Available ~ 
SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

 

 

DIRECTIONS:  From the Intersection of HWY 270 & the New U.S. HWY 167 Bypass in Sheridan, Travel 1.3 Miles East on HWY 270 & Watch for Property & Auction Sign on the Left.

REAL ESTATE DESCRIPTION:  This Excellent Income Producing Property w/Over $2,000.00 in Current Monthly Income Consists of a 3 Unit, 5,347+/- SF Commercial Center Located at 808, 810 & 814 W. Center Street, w/ 256+/- Ft. of Frontage on HWY 270 (West Center St.) & the Adjoining 1,738+/- SF Residence w/ 70+/- Ft. of Frontage on Skorcz St. ~ Both Structures Sit on a 0.54+/- Acre Corner Lot, Zoned C-1, w/Security Lighted & Paved 25 Space Parking Lot ~ The Commercial Building is a Single-story Brick & Siding Exterior w/Glass Retail Storefronts, Rear Entry Doors & 6 Ft. Wide Covered Front Walkway ~ The 3 Units are Currently Rented on a Month-to-Month Basis for $550.00 Per Unit, Per Month ~ The Adjoining Residence is Located at 100 N. Skorcz St. & is Also Rented Month-to-Month at a Caretaker’s Rate of $450.00 Per Month ~ This Brick Home w/Attached Covered Carport Consists of 2 Bedrooms, 2 Bathrooms, Living Area, Dining Area, Kitchen, Den & Laundry Room, w/Central Heat & Air ~ All City Utilities Including Electricity, City Water, City Sewer & Natural Gas ~ Remember, This Income Producing Property is Selling Regardless of Price to the Highest Bidder!

TERMS ON REAL ESTATE:  $20,000.00, Cashier’s Check or Cash (NO EXCEPTIONS) 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.

INSPECTION:  Drive by & View these Properties at Any Time or Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com to View the Buildings ~ Doors Open & Bidder Registration begins at 10:00 a.m. Day of Auction.


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Building Plat

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