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COMMERCIAL REAL ESTATE & LIQUIDATION AUCTION ~ Hot Springs, AR
COMMERCIAL REAL ESTATE & LIQUIDATION AUCTION ~ Hot Springs, AR

Date:
Wed, Jul 7, 2010  at 10:00 AM CST

Location:
325 Ouachita Avenue
Hot Springs, AR 71901

Brief Description:
ATTENTION: LAWYERS, EXECUTIVES, PROFESSIONALS & INVESTORS! Exceptionally Well Maintained, 6,124+/- SF Office Building in Downtown Hot Springs ~ Covered Loading Dock ~ Could be 3 Businesses ~ Live...

  Auction Details  
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ATTENTION: LAWYERS, EXECUTIVES, PROFESSIONALS & INVESTORS!
Exceptionally Well Maintained, 6,124+/- SF Office Building in Downtown Hot Springs ~
Covered Loading Dock ~ Could be 3 Businesses ~ Live, Online Bidding ~
COMPLETE BUSINESS LIQUIDATION INCLUDING OFFICE FURNITURE & DELIVERY TRUCKS!

DIRECTIONS: From the Arlington in Hot Springs, Travel South on Central Ave. 0.5 Miles ~ Turn Right onto Ouachita Ave. ~ Watch for Property & Auction Sign on the Left.

DESCRIPTION OF REAL ESTATE: After 39 Years of Business, the Owners of Budget Office Furniture are Retiring ~ This Move-in Ready, 6,124+/- Sq. Ft. Brick Exterior Office Building has been Exceptionally Well Maintained & Completely Remodeled ~ Plus, an Additional 3,724+/- Sq. Ft. in the Basement & Loft ~ Currently Setup into 3 Offices & Several Showrooms ~ 4 Restrooms, 2 w/Showers ~ Covered Back Dock Area w/Separate Small Loading Dock ~ 3 Separate H/A Units ~ Beautiful Brick Interior Walls ~ Drop Ceilings & Fluorescent Lighting Throughout ~ Wired for Multi-line Phones & Internet ~ 3 Ouachita Avenue Entrances ~ Ample Parking along Street & behind Building ~ Building could be Easily Subdivided into 3 Street Front Retail/ Commercial Businesses ~ Conveniently Located across from the Colorado Grill & Lindell Square.

DESCRIPTION OF PERSONAL PROPERTY: 1999 Isuzu Work Diesel Work Truck w/203K Miles, 16 Ft. w/Lift ~ 1995 Chevy W4 Gas Tiltmaster Work Truck, 12 Ft. ~ Complete Liquidation of New Office Furniture Including: Conference Tables ~ Chairs ~ Desks ~ Credenzas ~ Folding Tables ~ Ornate Victorian Antique Sideboard ~ Lamps ~ Sofas ~ Computer Desks ~ Paintings & Framed Art ~ File Cabinets ~ Book Cases ~ Copy Machines ~ Computers ~ Refrigerators ~ Panel Systems ~ Tools, Dollies & Much More ~ ALL SELLING REGARDLESS OF PRICE TO THE HIGHEST BIDDER ON AUCTION DAY!

AUCTIONEER’S NOTE: If you’re looking for an office with ample showroom space in an excellent downtown Hot Springs location or you’re just looking for a great commercial investment, you have found it.

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

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

INSPECTION: For Real Estate, Contact Our Office ~ Doors Open at 8:00 a.m. on Auction Day.



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