ATTENTION: BUSINESS OWNERS & REAL ESTATE INVESTORS!
Great Retail Building Ready for Occupancy ~ 13,500± SF Pre-Engineered Metal & Masonry Retail Building w/Hard-Surface Parking, plus 7 Residential Rental Units, all on 1.96± Acres ~ Great Visibility from Albert Pike Road ~ Zoned Commercial & Residential ~ Live, Online Bidding Available!
REAL ESTATE DESCRIPTION: Owner-Occupied Retail & Masonry Retail Building with 13,500± SF with Plate Glass Front Doors along Albert Pike Road & 4 Overhead Doors on the rear & sides for Easy Access ~ This Building has 2 Private Offices, 2 Handicapped Restrooms, a Large Display Area & Warehouse Storage Space ~ Excellent Visibility from Albert Pike Road with an Average Daily Traffic Count of 20,000± VPD ~ Also has 7 Residential Rental Units with 6 of the Units Generating $5,425.00 Monthly (7th Unit is Occupied by Manager), Utilities included in Rent & Average $1,150.00 Monthly ~ 1.5± Acres of the Total has a CG Commercial Zoning; the Balance is Commercial Transition & Residential.
INSPECTION: Contact Agent, Ken Bethge at 501-550-5274/ ken@wilsonauctioneers.com with Questions or to Schedule a Viewing of the Property ~ Auctioneers will be On-site & Registration begins at 10:00 a.m. Day of Auction.
CLOSING COMPANY: Pro Land Title Company ~ Closing Agent: Shanda Dunlap ~ 401 Section Line Road, Suite F, Hot Springs, Arkansas 71901 ~ (501) 762-0159 ~ Fax/ 760-0557.
REAL ESTATE TAXES FOR YEAR 2025: $4,310.63
SCHOOL DISTRICT: Hot Springs
TERMS: $40,000.00 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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