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Auction Description


4,521+/- SF Single-Story Restaurant/Retail Space on 2.22+/- Acres ~ Prime Location 1.5 Miles West of I-49, on MLK Blvd. in Fayetteville ~ Selling On-site w/Live, Online Bidding Available


REAL ESTATE DESCRIPTION: 4,521+/- SF, Single-Story Restaurant/Retail Space Built in 2020 Sits on a Prime 2.22+/- Acre Location on Fayetteville's High Traffic Count, West Martin Luther King Jr. Boulevard ~ 65 Paved Parking Spaces ~ Prime Location just 1.5 Miles West of I-49 & 2.4 Miles to the University of Arkansas, w/an Average Daily Traffic Count of 33,000+/- VPD ~ Lease Rate Potential of $15,000/Mo. ~ Furniture & Fixtures Included ~ Zoning Urban Thoroughfare, Residential Agriculture ~ Within a Mile of Lowe’s, Walmart, Aldi & Much More, this is a Fantastic Opportunity to Purchase a Prime Commercial Space in Fayetteville's Rapidly Western Growth Area Towards Farmington ~ Offers Made Prior to Auction Day are Welcome & Encouraged!


INSPECTION: Property can be Viewed Anytime ~ Contact Agent, Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection on Auction Day.


CLOSING COMPANY:  City Title & Closing LLC ~ Closing Agent: Blake Hanby ~ 1450 E. Zion Road (Ste. 7), Fayetteville, Arkansas 72703 ~ (479) 935-4177.


REAL ESTATE TAXES FOR YEAR 2022:  $18,450.00


TERMS: $100,000.00 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 ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.

Auction Location

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