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MULTI-PARCEL COMMERCIAL REAL ESTATE & FUEL TANK AUCTION ~ Dumas, AR
MULTI-PARCEL COMMERCIAL REAL ESTATE & FUEL TANK AUCTION ~ Dumas, AR

Date:
Wed, Dec 9, 2009  at 11:00 AM CST

Location:
409 Highway 65N
Dumas, AR 71639

Brief Description:
Fully Operational Service Station in Dumas ~ Commercial Building in McGehee ~ Vacant Lots in Arkansas, Lincoln & Chicot Counties ~ Also Selling (3) 12,000 & (2) 17,000 Gallon Vertical Fuel Storage...

  Auction Details  
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Fully Operational Service Station in Dumas ~ Commercial Building in McGehee ~
Vacant Lots in Arkansas, Lincoln & Chicot Counties ~ Also Selling (3) 12,000
& (2) 17,000 Gallon Vertical Fuel Storage Tanks w/Meters & Pumps ~
Real Estate & Personal Property is Selling Regardless of Price to the Highest Bidder!

DIRECTIONS TO 409 HWY. 65N IN DUMAS: Property is Located on Hwy. 65 in Dumas, 3/4 Miles North of the Intersection of Hwy. 54 & Hwy. 65 in Dumas.

PROPERTIES 1 - 5 (All Selling from 409 Hwy. 65N in Dumas at 11:00 a.m.): PROPERTY 1: (Intersection of E. Farmer & Hwy. 65 in Dumas) Currently, Wells Service Station, an Excellent Income Producing Business Consisting of an Extremely Well Maintained, 3-Bay Brick Service Station w/Fuel Pumps, Overhead Lighted Canopy & Poured Concrete Parking Lot in a High Traffic Location ~ PROPERTY 2: (Intersection of Holly & N. 1st in McGehee) Older, 30’ x 50’ Concrete Building on an 80’ x 165’ Corner Lot w/Poured Concrete Parking Area, Formerly a 2-Bay Service Station, Fuel Tanks have been Removed ~ PROPERTY 3: (Intersection of Hwy. 65 & Jackson Ave. in Gould) Approx. 80’ x 100’ Corner Commercial Lot ~ PROPERTY 4: (1/4 Mile South of Intersection of Hwy. 65 & 165B in Gillett on Unmarked Ida Ave.) 1/2+/- Acre Old Home Place w/Dirt Road Frontage, City Water, Electricity & Natural Gas to Property ~ PROPERTY 5: (1/4 Mile North of Hwy. 81 between Hwy. 65 & Water St. in Eudora, AR) Adjoining Commercial Lots 7, 8 & 9 in Block D of the New Hwy. 65 Addition in Chicot County ~ Remember, Everything Selling from this Location is Selling Regardless of Price to the Highest Bidder.

PARTIAL LIST OF PERSONAL PROPERTY: (Also Selling from 409 Hwy. 65N. in Dumas at 11:00 a.m.) (2) 4,000 Gallon Fuel Storage Tanks ~ (3) 12,300 Gallon Vertical Fuel Storage Tanks ~ (2) 17,800 Gallon Vertical Fuel Storage Tanks ~ Fuel Pumps ~ Meters & Misc. ~ All Selling Regardless of Price on Auction Day.

TERMS ON REAL ESTATE: (PROPERTY 1) $10,000.00 (PROPERTY 2) $5,000.00 (PROPERTIES 3, 4 & 5) $1,000.00 (PER TRACT) Cashier’s Checks (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of all Liens & Encumbrances ~ Balance Due at Closing ~ Closing within 30 Days ~ 10% Buyer’s Premium.

TERMS ON PERSONAL PROPERTY: Cash or Check Day of Sale ~ 10% Buyer’s Premium.

INSPECTION: Drive by & Inspect these Properties Anytime or Contact our Office to Schedule an Appointment to View the Buildings ~ Auctioneers will be at Auction Location 1 Hour Prior to Sale Time on Auction Day.



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