Auction Details
AUCTION
Including Commercial
Real Estate
THURSDAY MAY 15
10:00 a.m.
48 S Garland St
Magazine, AR
Directions: This property is located on the corner of HWY 10 and S Garland St. in Magazine, AR.
This 10,492 square foot commercial building sits on just under one acre and offers a flexible layout ideal for a variety of business uses. Featuring a large asphalt parking lot, this property provides ample space for customer and employee parking.
Inside, you’ll find a spacious retail area up front, perfect for customer-facing operations, along with a generous warehouse space in the rear for storage, inventory, or production. The building includes a loading dock and an additional bay door for easy access and shipping logistics. There’s also a restroom and other functional amenities designed for convenience.
Formerly used as a pharmacy, this property is well-suited for retail, distribution, or service-based businesses. With its prime layout and excellent visibility, the possibilities are wide open.
10% buyer’s premium. Click the “terms” tab for a full list of terms.
Personal Property
Vehicles: 2009 Chevrolet Corvette (10,750 miles, 1 owner) – 1963 Plymouth Fury (47,883 miles) – 2004 Harley-Davidson Motorcycle (7,210 miles) – Weld-Craft Flat Bottom Boat w/ Suzuki 25hp Engine – 2021 10ft Trailer w/ Kayak Rack & (6) Sun Dolphin Journey 10 ss Kayaks
Gun Safes: (2) Browning Prosteel Gun Safes
Firearms: W Richard dbl Barrel Shotgun – Ruger 57 5.7×28 Pistol – Colt King Cobra 357 Mag Revolver – Walther PPK .32acp – Glock 34 9×19 – HK VP9 9mmx19 – Springfield XDS 9×19 – Remington 700 .30-06 w/ Scope – Chinese Side Cock – Knight .50cal Black Powder – Mossberg 500A 12ga Pump – JC Higgins Mod 583.17 12ga Bolt – Remington Woodsmaster Mod 742 .308 Win w/ Scope – JC Higgins Mod 583.21 16ga Bolt – Remington Mod 700 .243 Win – SKS 7.62×39 – Sig Sauer M400 5.56 Nato – Marlin Mod 336CS .30-30 Lever Action – Colt M4 Carbine 5.56
Ammunition: .32 Auto – 12ga – .45 Auto – .22LR – .243 Win – .223 Rem – 7.62 x 39mm – .380 Auto – .357 Mag – .9mm – 5.7 x 28mm
Tools & Shop: Kobalt 30 Gallon Air Compressor – Central Machinery Belt & Disc Sander – Lincoln Ac/Dc Arc Welder – Atlas Jointer – Craftsman Table Saw – Cub Cadet Tiller – Field Fence – Troy Bilt Pressure Washer – Dewalt & Milwaukee Saw Zaws – Circular Saws – Pump Sprayers – Chain Hoists – Jack Stands – Push Mower – 12v Sprayer on Trailer
Hunting: Camo Waders – Camo Clothes – Hunters Orange – Crossbows – Game Cameras – Climbing Sticks – Climbing Stands – Boots – (100’s) Game Traps
And: Honey Extractor – Bee Boxes – Bee Keeper Suit – Lockers – Appliances (Washer, Dryers, Dishwashers, Hot Water Tank) – Wooden Native American Statue – Antique Wash Stand – Cream Cans – Gondola Shelving – Lumber – Antique Wheelchair – Golf Clubs – Inversion Table – Basketball Goal – Punching Bag – Home Decor – Wall Decor – Galvanized Bucket – Antique Kitchen Cabinet – Bedroom Furniture – Kids Bikes – New Merchandise – R/A Racks – Mannequins – Candles – Books – Treadle Sewing Machine
Note: This auction offers a rare opportunity to purchase a versatile commercial building along with an impressive selection of vehicles, firearms, tools, hunting gear, antiques, and more. Whether you’re looking to invest in real estate or find unique personal property, this sale has something for everyone.
10% buyer’s premium
All announcements day of sale supersede this ad.
Terms and Conditions
Looper Auction & Realty II, LLC
4525 Palestine Road,
Huntington AR 72940
(479) 996-4848
Terms
Registration finalizes – Each bidder agrees to terms and conditions of sale. Do not bid unless you agree to be bound by these terms. Property to be sold as is where is with faults, without express or implied warranties of any kind. Buyer is to perform all inspections prior to auction with professionals of their choosing. Looper Auction & Realty II, LLC represents the sellers only and does not inspect properties on behalf of buyers and assumes no responsibility for the correctness of any descriptions.
Buyer must make a 10% non-refundable deposit at the conclusion of bidding. Buyer must also execute the sales contract and property disclosure (if available) which will be posted prior to the auction. Balance of purchase price along with all closing costs will be due within 30 days. Buyer to pay all closing costs including 10% buyer’s premium, title insurance, revenue stamps, closing fees, survey, filing costs, and any other fees. Seller will cure any title problems if necessary. Taxes will be pro-rated to day of closing. Properties sell subject to court, bank or seller approval. The court, bank or seller retains their right to bid or have someone bid on their behalf. Possession will be upon closing with filing of deed. 10% deposit will be refunded if seller defaults. Property is sold with no contingencies; buyer should conduct all inspections required by lender prior to auction. If a lender is being used, buyer should be pre-qualified.
Purchase price is amount of highest bid plus 10% buyer’s premium to make a total purchase price. Buyer to make a 10% non-refundable deposit of the total purchase price.
***Example – High bid is $500,000
$500,000 plus $50,000 = $550,000
10% non-refundable deposit = $55,000
All information given orally or in writing was derived from sources believed to be correct but is not guaranteed. All real estate dimensions are only approximations. Buyers shall rely entirely on their own information, judgment and inspection of the property and records.
