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SHERIDAN REAL ESTATE AUCTION

Auction Description

ATTENTION: HOME BUYERS, BUSINESS OWNERS, DEVELOPERS & INVESTORS!

1.64+/- Acres w/ 165+/- Ft. of Highway 167B Frontage ~ 2,590+/- SF Former Church Building Completely Remodeled in 2022 into a Move-in-Ready 2 Bedroom/ 2 Bath Home ~ Excellent Location 1/2 Mile South of US HWY 167 ~ Selling On-site w/Live, Online Bidding Available

 

REAL ESTATE DESCRIPTION:  This 1.64+/- Acres w/ 165+/- Feet of Frontage Along US HWY 167B, w/an Average Daily Traffic Count of 4,700+/- VPD & Additional Road Frontage Along Grant County Road 81, will be Offered in (2) Adjoining Tracts & in its Entirety on Auction Day.

(TRACT 1) 0.44+/- Acre Corner Lot Containing a 2,590+/- Sq. Ft. Single-Story, Former Church Building Completely Remodeled Inside & Out in 2022 into a Move-in-Ready 2 Bedroom/ 2 Bath Home w/Room to Add a 3rd Bedroom & 3rd Bath if Desired ~ New 30-Year Architectural Shingle Roof in 2022 ~ Freshly Painted Gray Brick Exterior ~ New Attached 24x30+/- Ft. Metal Garage w/Overhead Door & Walk-Through Door on Poured Concrete Slab ~ Interior Stained Concrete Floors Throughout ~ Building has No Load-Bearing Walls & is Currently Configured w/a Huge Open Combination Living Room w/New 85” Wall-Mounted Smart TV, Dining Area & Kitchen w/Vaulted Ceiling ~ Kitchen Features Custom White “Soft Close” Cabinetry, Beautiful, Modern Subway Tile Backsplash, Granite Countertops & New in 2022 Stainless Steel Appliances Including Side-by-Side Fridge, Dishwasher, Range & Vent Hood ~ Freshly Painted Gray Interior w/Blue Accent Walls ~ New Master Suite w/Private Tiled Floor Bathroom w/Beautiful Large Tiled Walk-in Shower w/Waterfall Showerhead ~ 2nd Bedroom & 2nd Full Bathroom were All Built on the West End of the Building ~ New Tile Floor Laundry Room w/2022 Whirlpool Washer/Dryer & Instant Hot Water Heater Specifically for Laundry Room ~ Original Baptismal Basin is Still in Place & Concealed on the East End of the Building but Could be Removed for the Addition of Another Bedroom & 3rd Bathroom if Needed ~ 3 Central HVAC Units ~ Utilities Include City Water, Electricity, Natural Gas & Septic ~ Building Would Make an Excellent Primary Residence, Great Rental Property, or Could Easily be Converted into a Daycare or Other Commercial Use.

(TRACT 2) Prime Residential Development Tract Containing 1.2+/- Level, Wooded Acres w/ 65’+/- Road Frontage Along HWY 167B ~ Lot is 470’+/- Deep & Approximately 110’ Wide Across the Back ~ Grant County Approved Culvert & Driveway Installed in 2022 ~ Utilities Available Include City Water, Electricity & Natural Gas ~ 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:  Magnolia Title Company ~ Closing Agent: Robin Bishop robin.bishop@magnoliatitleteam.com ~ 321 Section Line Road, Suite J, Hot Springs, Arkansas 71913 ~ (501) 255-2625.

 

REAL ESTATE TAXES FOR YEAR 2022: 

(TRACT 1) $554.40               (TRACT 2) $55.80

 

SCHOOL DISTRICT:  Sheridan

 

TERMS:  (TRACT 1) $20,000.00 ~ (TRACT 2) $5,000.00, Each in the Form of a 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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