Auction Details

AUCTION

Including Commercial Real Estate

TUESDAY  JANUARY 7

10:00 AM

5317 Wheeler Ave

Fort Smith, AR

Directions: Corner of Wheeler Ave & Vicksburg Street.  

This exceptional commercial property features an approximately 15,750 square foot metal building that is versatile for any business. It includes an appx 3,750 square foot service garage area with six 14-foot roll-up doors, an appx 3,000 square foot retail area equipped with two restrooms, two offices, a roll-up door, and a chain hoist system. Additionally, there is a shop area with a break room and an extra restroom, as well as an appx 9,000 square foot warehouse with two roll-up doors. The property also boasts a large customer parking lot and an additional fenced parking lot all on an appx 1.13-acre corner lot on heavily traveled Wheeler Ave.

10% Buyer’s Premium. Click on “terms” tab for a full list of terms. 

Personal Property

Equipment: Miller Bobcat 225 Welder/Generator (Hours Read: 357) – Miller Millermatic 252 Welder – Econoline Sandblast Cabinet – Scledum RVF-600 Surface Grinder – Jet 1 Ton Hoist – South Bend Lathe Works Metal Lathe – Hotsy Pressure Washer – Westport Driveline Lathe – Grand 12,000 LB Two-Post Lift – Mart Tornado 40 Power Washer – Dayton Hoist – 

Parts/Inventory: Hale Pumper – Axle Sheds – Mack Transmissions – Rockwell Rear End Housings – Ford Transmissions – Mack Rear End Cores – Eaton Fuller Transmissions – Eaton Transmission Parts – Eaton Yoke Bars – Eaton Rotors – Eaton Cylinders – Eaton Washers – Eaton Split Cylinders – Eaton Needle Bearings – Eaton Lever Stabilizer Kits – Eaton Range Cylinder Cover Kits – Eaton Small Parts Kits – Eaton Idler Shaft Kits – Eaton Synchronizer Kits – Eaton Yoke Assemblies – Diff. Spiders – Spicer Idler Pinions – Spicer Compression Springs – Newstar Parts – Bushings – Spicer Side Gears – Carrier Covers – Spicer Drive Couplings – Spicer Bearing Spacers – Oil Seals – Spicer manifold Parts – Spicer Shift Fork Assemblies – Rockwell Parts – Meritor Parts – Washer Kits – Meritor Side Gears – Meritor Cage Assemblies – Meritor Input Cage Assemblies – Meritor Shift Forks – Gaskets – Mack Filters – Transtar Transmission Overhaul Kits – Tremec Gear Clutch Collars – DT Components Differential Kits – End Yokes – Bolt Covers 

Tools/Shop Items: Dollies – Air Hose Reels – Shop Fans – Pipe Stands – Metal Shop Tables – Creepers – Parts Washers – Dayton Grinder – DeWalt Chop Saw – Rollaround Carts – U.S. General Toolbox – Air Impacts – Sockets – Ratchets – Proto Impact – Jack Stands – Metal Shop Tables – Battery Chargers – Dayton Air Compressors – Metal Racking – Snap-On Parts Washer – Bolt Bins – Steam Cleaners 

And: Lateral Filing Cabinets – Safety Cabinets – Manitowoc Ice Machine – Gondola Shelving – Port-a-cool – Office Furniture – HotPoint Refrigerator

Note: This auction features a great commercial building and many new truck parts from manufacturers like Ford, Mack, Eaton Fuller, and Rockwell, as well as tools, shop equipment, shelving, and more!  

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.