COMMERCIAL REAL ESTATE AUCTION Including Personal Property FORT SMITH, AR
December 11, 2023
Commercial Real Estate AUCTION
Including Personal Property
MONDAY DECEMBER 11
5400 Free Ferry Road
Fort Smith, AR
Directions: Corner of Free Ferry Road & Waldron Road.
Incredible business opportunity! Excellent appx 5,498 sf office building in perfect location. Includes 7+ units. 4 units have 2 offices each, 1 unit has 3 offices, 1/2 bath & reception area, 1 unit is a small office, and 1 unit has been used as a 1-bedroom/1-bath corporate apartment with kitchen, dining room, laundry room & more. Common area includes 2 additional bathrooms. This property is in great condition and could be reconfigured to your specifications. Also includes 18 parking spaces! SELLS REGARDLESS OF PRICE!
10% Buyer’s Premium. Please click on ‘terms’ tab for complete list of terms. Real Estate sells at 11 a.m.
Household: Cherry Dining Table & Chairs – Glass Top Table – Sofa – Leather Recliner – End Tables – Wicker Shelf – Singer Base Table – Queen Size Bed & Dresser – Area Rugs – Small Appliances – Pots & Pans – Dishes – Misc Electronics – Lamps – Pictures – Train Set – Clothing – Linens – Misc Household – Dale Earnhardt Collectibles – Motorcycle Seat – Toy Backhoe – Hat Boxes – Pilates Performer Exerciser
And: Sinks – Misc Flooring & Building Supplies – Light Fixtures – Space Heaters – Snow Skis – Wood Ladder – Toolbox
Note: Our owner has made the hard decision to sell this incredible office building & contents. Don’t miss this opportunity and everything is selling REGARDLESS OF PRICE!
All announcements day of sale supersede this ad.
Looper Auction & Realty II, LLC
4525 Palestine Road,
Huntington AR 72940
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 at closing. 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. This property is selling regardless of price. 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.