AUCTION LOCATION: 9801 Dollarway Road, White Hall, AR 71602 (White Hall Community Center)
PROPERTY ADDRESSES:
(Property 1) 3801 South Camden Road, Pine Bluff, AR 71603
(Property 2) 3800 South Camden Road, Pine Bluff, AR 71603
(Property 3) 5504 Plaza Drive, Pine Bluff, AR 71603
ATTENTION: BUSINESS OWNERS & COMMERCIAL REAL ESTATE INVESTORS!
75,000+/- SF Mixed Use Neighborhood Commercial Development & 9,522+/- Warehouse ~ All Located just off The Watson Chapel Exit in Pine Bluff
REAL ESTATE DESCRIPTION: The Chapel Village Neighborhood Commercial Development Offers Over 75,000+/- SF of Mixed Use/Retail Space & Currently Leases 28 Storefronts with 3 More Ready to Lease ~ This Commercial Development is Located just off Exit 39 (Watson Chapel) in Pine Bluff, Arkansas with an Average Daily Traffic Count of Over 17,000+/- Vehicles Per Day ~ Offered as (3) Properties on Auction Day, Buildings Offer Metal Roofing, Metal/Vinyl/Concrete Exteriors, Aluminum Windows & Asphalt Parking Spaces ~ (PROPERTY 1, CHAPEL VILLAGE 1) Building 1 is Located at 3801 South Camden Road & Houses 19 Total Storefronts with 3 Currently Vacant & Ready to Lease ~ This Center Offers Over 58,965+/- Square Feet of Lease Space & 100 Parking Spaces Sitting on 6.40+/- Acres ~ Building 2 is Located Across the Street ~ (PROPERTY 2, CHAPEL VILLAGE 2) Building 2 is Located at 3800 South Camden Road & Offers 15,065+/- Square Feet with 12 Storefronts, All Currently Leased with 65 Parking Spots on 1.80+/- Acres ~ (PROPERTY 3) Building 3 is Located at 5504 Plaza Drive & Offers a 9,522+/- Square Foot Commercial Warehouse on 0.44 Acres Located behind Chapel Village 1 ~ 2-Story Building Featuring Forklift Access Area to Top Floor, Office Area, Secure Climate-Controlled Area, Paint Booth, Full Living Quarters with Kitchen ~ All Tenants Responsible for Maintenance Costs, Utilities & Unit Insurance Policies ~ Auto Renewal Leases with Financials Available by Request Only ~ Also Selling Multiple Commercial Development Properties in this same Auction! ~ Buildings Shown by Appointment Only ~ Offers Made Prior to Auction Day are Welcome!
INSPECTION: Drive by Anytime to View these Properties ~ For Access to the Buildings, Call Agent Peter Guerin II at 501-733-6795/ peter@wilsonauctioneers.com ~ Auctioneers will be On-site at the Auction Location (White Hall Community Center) at 10:00 a.m. on Auction Day.
CLOSING COMPANY: Jefferson Title Company, LLC ~ Closing Agent: Kay Beverly (kay@jeffersontitle.net) ~ 715 W. 5th Avenue, Pine Bluff, Arkansas 71601 ~ (870) 540-4927 ~ Fax/ 540-1267.
REAL ESTATE TAXES FOR YEAR 2024:
(PROPERTY 1) $22,933.75
(PROPERTY 2) $9,313.33
(PROPERTY 3) $1,500.00
TERMS: (PROPERTY 1) $200,000.00 ~ (PROPERTY 2) $100,000.00 ~ (PROPERTY 3) $25,000.00, All 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% Auction/ Buyer’s Premium ~ Offers Prior to Auction Day are Welcome.
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