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CONWAY COMMERCIAL BUILDING AUCTION

Auction Description

ATTENTION: COMMERCIAL REAL ESTATE INVESTORS & BUSINESS OWNERS!

17,400+/- SF Building in an Ideal Location on HWY 64 in Conway, Arkansas ~ Selling On-site w/Live, Online Bidding Available

 

REAL ESTATE DESCRIPTION: 17,400+/- SF Commercial Building sitting on Newly Surveyed 1.66+/- Acres Fronting HWY 64 East in Conway ~ With an Average Daily Traffic Count of 26,000+/- Vehicles Per Day, this Prime Real Estate sits Only 3.8 Miles from Exit 127 ~ This 2-Story Building was Completely Renovated in 2022 to Include 150+ Vendor Spaces, a Showroom & Full Living Quarters ~ $48,460 in Vendor Booth Rental Income in 2023 ~ 50 Vendors Currently Renting on Month-to-Month Lease ~ The Interior of this Space can be Completely Customized w/an Open Showroom Type Setting, w/No Interior Walls if Needed ~ Living Quarters Offer 1BR/ 1.5BA, Full Living Area & Kitchen ~ Building has 8 AC Units ~ Two 12' Wide by 14' Tall Overhead Doors ~ Building has 20' Side Walls ~ 50+/- Parking Spaces ~ 350+/- Feet of HWY 64 Frontage ~ Utilities Including Electricity, City Water, Sewer, Natural Gas & all the New HVAC Units have Gas Furnaces ~ Building Shown by Appointment Only ~ Offers Made Prior to Auction Day are Welcome!

 

INSPECTION:  Drive by Anytime to Inspect the Exterior of the Property ~ For Interior Access of the Building, Contact Agent Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com ~ Auctioneers will be On-site at 10:00 a.m. on Auction Day.

 

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

 

REAL ESTATE TAXES FOR YEAR 2023:  $5,181.00

 

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

Property Location

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