ATTENTION: BUSINESS OWNERS, COMMERCIAL DEVELOPERS & INVESTORS!
2.38+/- Acres, w/ 199+/- Ft. of Malvern Road/HWY 270 Frontage, Containing a 1,020+/- SF, 2 Bedroom/ 2 Bath Home Built in 2019 & (3) Metal Shop Buildings ~ Conveniently Located 4.5 Miles East of MLK Expressway (Exit 9) ~ Selling On-site w/Live, Online Bidding Available ~ SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER!
REAL ESTATE DESCRIPTION: Conveniently Located in Hot Springs Less than 5 Miles East of MLK Expressway (Exit 9) & Only 8+/- Miles West of I-30 (Exit 98) Along Heavily Traveled US HWY 270, this 2.38+/- Un-zoned Acres w/ 199+/- Ft. of HWY Frontage has an Average Daily Traffic Count of 14,000+/- VPD ~ The Highway Frontage has Chain Link Fencing & a Security-Gated Entrance ~ The Property Contains a 1,020+/- SF Vinyl Siding Exterior, Move-in-Ready Home in Lakeside School District, Built in 2019, Secluded at the North End of the Property Over 650 Ft. Away from the Highway, Consisting of an Open Living Room/Kitchen w/Breakfast Bar, Built-in Appliances & Refrigerator, Master Bedroom w/Private Full Bathroom & Walk-in Closet, 2nd Bedroom, 2nd Full Bathroom & Laundry Closet ~ Luxury Vinyl Tile Throughout ~ Goodman HVAC Unit ~ Metal Carport behind Home ~ Building #1 was Built in 2012 on a Concrete Slab w/Excellent Visibility from the Highway ~ Section One (30x30 Ft.) of the Building Contains (2) Offices w/Window AC units, 1/2 Bath, Laundry Room w/Shower, a Drive-in Bay w/Overhead Door & (2) Additional Exterior Doors ~ Section Two (24x60 Ft.) Contains an Open 5-Bay Carport/Equipment Shed that Could Easily be Fully Enclosed ~ Building #2 (30x48 Ft.) 4-Bay Metal Boat Storage Building Built on a Concrete Slab, Each Bay w/Double Swingout Doors ~ Building #3 (24x48 Ft.) 4-Bay Metal Building w/Compacted Gravel Flooring, Each Bay has an Overhead Door ~ This Prime 2.37+/- Acre Un-zoned Property w/Nearly 200 Ft. of High Traffic Highway Frontage, a Like-New Home & (3) Metal Buildings All in Excellent Condition, is in a Prime Location & Would Make an Excellent Site for Many Types of Businesses w/Plenty of Room for Additional Buildings, Equipment & Vehicle or Inventory Storage ~ Remember, it’s Selling Regardless of Price to the Highest Bidder on Auction Day! ~ Additional Improvements Include an RV Hookup w/Water & Electricity (RV Currently on Property Does Not Convey) ~ Utilities Include City Water, Electricity, Natural Gas & Septic System ~ Offers Made Prior to Auction Day are Welcome & Encouraged!
INSPECTION: Property can be Viewed by Appointment ~ Contact Agent, Doug Westgate at 501-815-4004/ doug@wilsonauctioneers.com ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection on Auction Day.
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 2022: $2,726.23
SCHOOL DISTRICT: Lakeside
TERMS: $40,000.00 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.
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