Auction Details

Type

Live Auction

Auction Dates

February 11, 2023

Description

BUSINESS LIQUIDATION AUCTION

Including Commercial Real Estate

SATURDAY FEBRUARY 11 – 10:00 a.m.
1510 E Choctaw Ave, Sallisaw, OK
Directions: Corner of Cherokee Ave, Choctaw Ave & Sioux St.

Incredible location with lots of road frontage & heavy traffic. Appx 20,000 sf commercial building with large open showroom, second showroom or warehouse area with loading dock & roll-up door, offices, 2 restrooms and all climate controlled. With appx 2.29 acres and a large parking lot, this will make a great location for any business.

10% Buyer’s Premium on real estate only. Please click on ‘terms’ tab for complete list of terms. Real Estate sells at 10 am.

Inventory & More

Furniture, etc: Sleigh Beds – Panel Beds – Canopy Beds – Daybeds – Dining Tables – Pub Table – Sofas – Coffee & End Tables – Desks – Writing Desks – Bookcase Cabinet – Wine Rack Pictures – Whirlpool Elec Range – Fire Pit

Fixrtures, etc: (2) Nestle Ice Creem Freezers – Master-Bilt 3-Door Reach-In Cooler – 2-Door Reach-In Cooler – 2-Door Reach-In Freezer – Frigidaire Upright Freezer – Criterion Chest Freezer – Kenmore Upright Freezer – 4′ Glass Showcase – Roll Around Mattress Cart – Pallet Jack – Several Dollys – Furniture Dolly

And: GMC Vandura 3500 Box Truck – Chev 3500 Box Truck – 16′ Double Axle Trailer

Excellent!!
Note: This large building is full of new furniture & more. Some individual items, but most are pallets full. Brands include Riverside, Better Homes & Gardens, American Signature & more. Bring your trucks & trailers! Expect more than listed.

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

Location