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ABSOLUTE REAL ESTATE AUCTION ~ McGehee, AR
ABSOLUTE REAL ESTATE AUCTION ~ McGehee, AR

Date:
Tue, May 4, 2010  at 12:00 PM CST

Location:
201 Highway 1 East
McGehee, AR 71654

Brief Description:
Convenience Store with an Adjoining Car Wash ~ Choice Commercial Property ~ Selling Regardless of Price to the Highest Bidder ~ Live, Online Bidding Available

  Auction Details  
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Convenience Store with an Adjoining Car Wash ~ Choice Commercial Property ~
Selling Regardless of Price to the Highest Bidder ~ Live, Online Bidding Available

(12:00 p.m. ~ 201 Hwy. 1 East, formerly known as Fisher’s Convenience Store & Car Wash) Located Approx. 1/2 Mile Northeast of McGehee City Limits ~ Only 1.5 Miles Northeast of Hwy. 65 & State Hwy. 1 Intersection ~ Adjacent to the Intersection of State Hwy. 1 & S Curve Rd. ~ Also Located Near the Proposed New Hwy. 69 Interstate, which will run through the Area ~ Property has a Tremendous Amount of Future Potential ~ This Convenience Store/ Car Wash is Located on .97+/- Acres w/475 Ft. of Frontage on Hwy. 1 ~ 3 Gas Pumps Covered by a 20 x 44 Ft. Metal Canopy w/10,000 Gal. Underground Storage Tank & Current Certificates from the State ~ Adjoining Car Wash Consists of (2) Self-service Bays ~ Tall & Wide enough for Commercial Truck & Tractor Use w/Plenty of Parking ~ This has been a Very Successful Business for Many Years & can be again ~ Remember, Property is Selling Regardless of Price to the Highest Bidder on Auction Day ~ Auction Ordered by McGehee Bank.

TERMS ON REAL ESTATE: $20,000.00 Cashier’s Check (NO EXCEPTIONS) Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Property Sold Free & Clear of All Liens & Encumbrances ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ 10% Buyer’s Premium.

INSPECTION: Any Time by Appointment ~ Auctioneers will be on-site 1 Hour Prior to Auction on Auction Day.



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