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NORTH LITTLE ROCK COMMERCIAL REAL ESTATE AUCTION

Auction Description

ATTENTION: COMMERCIAL BUSINESS OWNERS & REAL ESTATE INVESTORS!

4,700+/- SF Office Building on Main Street in North Little Rock ~ Property is Located in the Opportunity Zone!

 

REAL ESTATE DESCRIPTION: This is an Opportunity to Purchase Commercial Front Property on Main Street in North Little Rock! ~ Average Daily Traffic Count of Over 15,000+/- Vehicles Per Day! ~ To Schedule a Showing or Any Questions, Contact Agent Peter Guerin II at 501-733-6795 ~ Offers Made Prior to Auction Day are Welcome!

 

(TRACT 1) Zoned C-3 & in an Opportunity Zone, CWR Construction has Closed its Doors After 50 Years in Business & this Valuable Property Needs a New Owner! ~ The 4,700+/- SF Building has been Well Maintained as a Primary Office Facility for a Commercial Construction Company, Sitting on 0.29+/- Acres ~ Offering Multiple Entrances & up to 16 Office Spaces that Could be Divided into 3 Separate Businesses, w/Each having its Own Entrance & Exit, 4 Offices & Reception Area ~ Kitchen, Breakroom, 2 Conference Rooms & Rear Access Parking Area.

 

(TRACT 2) Offered in a Separate Tract will be the Adjacent Corner 0.38+/- Acre Empty Lot ~ This Lot has 100’ of Frontage on Main Street, 145' on East 13th & 100' on the Rear Alley ~ Perfect for a New Business or Addition to the Tract 1 Building.

 

(TRACT 3) 0.09+/- Acre Lot on 14th Street.

 

INSPECTION: Drive by Anytime to Inspect the Commercial Lot ~ For Access to the Building, Call Agent Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com ~ Auctioneers will be On-site at 2:00 p.m. on Auction Day.

 

CLOSING COMPANY: Pulaski County Title ~ Closing Agent: Renee Haugen ~ 8114 Cantrell Road, Suite 300, Little Rock, Arkansas 72227 ~ (501) 537-3700 ~ Fax/ 537-3701.

 

REAL ESTATE TAXES FOR YEAR 2023: (TRACT 1) $3,360.00      (TRACT 2) $590.00             (TRACT 3) $89.50

 

TERMS: (TRACTS 1 or 3) $25,000.00 ~ (TRACT 2) $10,000.00, Each in the Form of a Cashier’s Check made Payable to 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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