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| Posted By:
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Gary Puckett, Puckett & Company - Auctioneers, North Little Rock, Arkansas, United States
(501) 945 - 4323 www.puckettauction.com |
Click to Send Email to: Gary Puckett, Puckett & Company - Auctioneers, North Little Rock, Arkansas, United States
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| Video |
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| The details of the land is listed below.
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| Auction Date:
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| Address:
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1111 West 3rd St. |
| City:
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Little Rock |
| County:
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Pulaski |
| State & Zip:
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Arkansas, 72201 |
| Property Type: |
Land |
| Bedrooms: |
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| Bathrooms: |
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| Year Built: |
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| Building Area: |
sqft |
| Land Use:
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Commercial |
| Land Area:
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35,000.00 Sq. Ft |
| Price:
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Price not disclosed for auction listing |
| Terms:
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Cash |
| Contract Status:
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For Sale |
| Description:
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PRIME COMMERCIAL BUILDING DOWNTOWN LITTLE ROCK ARKANSAS
AT
REAL ESTATE AUCTION
THURSDAY, SEPTEMBER 16, 2010 -
STARTS AT 10 AM SHARP
1111 WEST THIRD STREET
LITTLE ROCK, ARKANSAS 72201
OFFERED AT LIVE AUCTION BY MOTIVATED SELLER, SUBJECT TO CONFIRMATION
THIS FABULOUS ART DECO BUILDING, BUILT IN 1922 CONSISTS OF 15, 000 SF M/L, LOCATED ON 22,500 SF OF LAND, IT HAS OVER 25 PARKING PLACES, A GRAND SHOW ROOM OF NEAR 8,000 SF, A LOWER LEVEL BELOW STREET SURFACE OF 3,000 SF, A WAREHOUSE AREA OF APPROX 3,000 SF AND A TOP LEVEL OF NEAR 1,000 SF.
THIS BUILDING HAS HEAT & AIR, 2 REST ROOMS AND A BEAUTIFUL MAIN SHOW ROOM, WITH ALL PINE CEILINGS, EXPOSED BRIDGE STEEL BEAMS, SOLID TILE - BRICK FLOORS, OVERHEAD CEILING FANS WITH LIGHTS, LARGE PELLA WINDOWS AND MORE.
IT IS CURRENTLY BEING USED AS A ESTATE CENTER, HOLDING LIVE ESTATE SALES MONTHLY. THE BUILDING IS WIRED TO HANDLE MOST ANYTHING YOU COULD WANT AND HAS THE MAXIMUM ZONING FOR URBAN USE, IDEAL FOR DOCTOR''S OFFICE, CLINIC, LAWYERS, DAY CARE, CALL CENTER, RESTAURANTS AND MORE.
LOCATED IN THE HEART OF LITTLE ROCK, JUST BLOCKS FROM THE STATE CAPITOL, FEDERAL BUILDING, DOWNTOWN, AND 5 MINUTES TO THE CLINTON LIBRARY.
ALSO INCLUDED IS 1 2/3rds CITY LOTS (12,500) SF OF LAND ADJACENT TO THE BUILDING, ALL ON A MAIN EAST WEST THROUGH FARE WEST 3RD ST.
ALL TAX CREDITS ARE INTACT AND AVAILABLE, NEVER USED BY OUR CLIENT.
IF YOU ARE LOOKING FOR COMMERCIAL PROPERTY IN LITTLE ROCK, YOU WILL NOT FIND ANYTHING BETTER THAN THIS. CONDOS IN THE AREA ARE SELLING FOR $175.00 - OVER $200.00 A SQ. FT. IF AN ADDITIONAL FLOOR WAS ADDED OVER THE WAREHOUSE AREA YOU COULD SEE THE ARKANSAS RIVER. SO WITH 15,000 SQ. FT. TO WORK WITH - SOMEONE COULD HAVE THE LARGEST CONDO IN LR AT A MUCH CHEAPER PRICE THAN THE CURRENT ASKING PRICE OF CONDOS BEING OFFERED NOW. THIS PROPERTY OFFERS NOT ONLY THE WAREHOUSE LOOK WITH EXPOSED BRICK WALLS BOTH INSIDE AS WELL AS OUT BUT TILE - BRICK FLOORS - A WEATHERED ANTIQUE CEILING YOU WILL NOT FIND ANYWHERE ELSE IN LITTLE ROCK WITH EXPOSED STEEL BRIDGE BEAMS - A PRIVATE PARKING AREA - ALONG WITH A GREEN AREA JUST NEXT DOOR. SOMETHING TO THINK ABOUT SHOULD YOU BE LOOKING TO LIVE IN THE RIVER MARKET AREA. THE CLINTON LIBRARY IS JUST 4 - 5 MINUTES DOWNTOWN ON THE SAME STREET. THE RIVER MARKET IS JUST 3 MINUTES ALSO DOWN 3RD STREET.
SHOWN BY APPOINTMENT ONLY, SEE MORE DETAILS ON OUR WEBSITE http://www.puckettauction.com
AUCTIONEER''S NOTE: THE LIST PRICE IS NOT NECESSARY THE SELLING PRICE, OFFERS WILL BE TAKEN ON AUCTION DAY, THE BUILDING PROPERTY WILL BE OFFERED FIRST, THEN THE CITY LOTS, THEN BOTH TOGETHER TO DETERMINE THE MAXIMUM BID PRICE.
TERMS: A 5[%] BUYER''S PREMIUM WILL BE ADDED TO THE FINAL BID TO DETERMINE THE CONTRACT PRICE, IF YOUR OFFER IS ACCEPTED, 25,000.00 CASHIER''S CHECK DOWN ERNEST MONEY ON DAY OF THE SALE, CLOSING WITHIN 30 DAYS. THIS IS A CASH SALE, NO FINANCING OFFERED BY SELLER OR AUCTIONEERS, HAVE YOUR FINANCING IN PLACE BEFORE BIDDING, BUILDING OFFERED AS IS.
BROKER PARTICIPATION ENCOURAGED, BROKERS MUST REGISTER THEIR BUYER 48 HRS BEFORE AUCTION
PUCKETT & COMPANY - AUCTIONEERS
AALB # 1199
PUCKETT REALTY
GARY PUCKETT - REAL ESTATE AUCTIONEER - PRINCIPAL BROKER
501-945-4323 |
| Location on
map:
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Click to Get Location on Map
(by Google Maps)
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| Demography:
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Click
to Get Demography Data
(by US Census Bureau)
(Instruction on how to view the demographic data by clicking
here)
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| NOTES:
THIS OFFERING IS SUBJECT TO ERRORS, OMISSIONS, PRIOR SALE OR WITHDRAWAL WITHOUT
NOTICE.
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