Join us in-person and online for an exciting Commercial Real Estate Auction on Monday, September 25at 1pm at 11 15 Alley, Mammoth Springs, AR. Located 1 Block West of Mammoth Spring State Park, 1 Block from Spring River & Riverside Restaurant and 1 Block from Main Street with approximately 45’x55’ Butler Red Iron Metal Building! Featuring 4- 50’x125’ Lots (Approximately 2.3 Acres More or Less). Taxes approximately $770.00. Butler Metal Storage Building, Access on all 4 sides, City Utilities, LP Gas Heat, Asphalt Parking Lot, 3 Phase Power Located on West Boundary, Concrete Floor, Water/Electrical, 10’ High Walls, Level Lots. Excellent location for any type of business! Bidding starts at $50,000!
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Sale Date & Time:
Monday, September 25 at 1pm
Open House:
Drive By Welcome or Contact Gary Sexton at 417-255-7001
Commercial Retail Building - Low Starting Bid of $50,000!
*Internet Simulcast Allows Online Bidding for Commercial Real Estate Property
Location:
11 15 Alley, Mammoth Springs, AR
At Public Auction:
Located 1 Block West of Mammoth Spring State Park, 1 Block from Spring River & Riverside Restaurant and 1 Block from Main Street with approximately 45’x55’ Butler Red Iron Metal Building! Featuring 4- 50’x125’ Lots (Approximately 2.3 Acres More or Less). Taxes approximately $770.00. Butler Metal Storage Building, Access on all 4 sides, City Utilities, LP Gas Heat, Asphalt Parking Lot, 3 Phase Power Located on West Boundary, Concrete Floor, Water/Electrical, 10’ High Walls, Level Lots. Excellent location for any type of business!
Taxes: Approximately $770.00
Terms: 10% escrow plus 5% Buyers Premium Due Day of Auction. Balance due in 30 days. Subject to any restrictions of record - sells “as-is”.
Conditions: Highest Bid to be submitted to all parties for acceptance or rejection. Low Starting Bid!
For Inquiries: Contact Gary Sexton at 417-255-7001 or visit GarySexton.com
Terms and Conditions for Dalrymple Commercial Real Estate
Commercial Real Estate Property only is being sold through Gary Sexton Auctioneers Real Estate Simulcast auction process. Bidding is open now.
Clear and marketable deed will be provided to the buyer. Winning bidder of the commercial real estate will have to place 10% escrow plus 5% Buyers Premium Due Day of Auction on Monday, September 25, 2023. Balance due in 30 days. Property sales subject to any restriction of record. Bidding is NOT contingent upon financing. Immediately following the auction, the winning bidder(s) will be required to sign a real estate contract and pay ten percent (10%) of the purchase price as a non-refundable down payment plus five percent (5%) buyers premium. Taxes: $770.00. All announcements made sale day take precedence over prior advertising either written or oral. This information is believed to be accurate; however, no liability for its accuracy, errors or omissions is assumed. All lines drawn on maps, photographs, etc. are approximate. Buyers should verify the information to their satisfaction. There are no expressed or implied warranties made by the seller or by Gary Sexton Auctioneers LLC pertaining to this property. Commercial Real Estate is subject to any restrictions of record - sells “as-is”.
Bidding Process and Requirements:
- The online commercial real estate auction is open for bidding on the property only.
- Bidders must register with valid and accurate information to participate in the auction.
- By placing a bid, bidders acknowledge their understanding and acceptance of these terms and conditions.
Payment Terms:
- The successful bidder is required to pay a non-refundable deposit of 10% escrow down of the final bid amount on the day of the auction (Monday, September 25, 2023) plus 5% buyers premium.
- The balance of the bid amount is due on the closing date within 30 days.
- Accepted payment methods will be communicated to the successful bidder during the closing process.
Acceptance of Offers:
- Any fair and reasonable offer, as determined by the seller, will be considered and may lead to the acceptance of the bid before the auction's scheduled closing time.
- The seller reserves the right to accept or reject any offer, even if it meets or exceeds the reserve price, for any reason deemed appropriate.
Property Information:
- All property information provided in the auction listing is based on available records and details provided by the seller or their representatives.
- Bidders are encouraged to conduct their due diligence and seek professional advice before placing a bid.
Auction Closing Time:
- The auction will close at approximately 2:00 PM on Monday, September 25, 2023.
- In the event of a last-minute bid or technical issues, the auction closing time may be extended to allow all bidders a fair opportunity to place their bids.
Binding Agreement:
- The highest bid received and accepted by the seller constitutes a legally binding agreement between the seller and the winning bidder.
- The winning bidder is obligated to complete the purchase and fulfill all payment terms outlined in these terms and conditions.
Reserve Price:
- The seller may set a reserve price, which is the minimum amount they are willing to accept for the property.
- If the highest bid does not meet or exceed the reserve price, the seller reserves the right to reject the bid and retain ownership of the property.
Right to Withdraw:
- The seller reserves the right to withdraw the property from the auction at any time before the closing date, for any reason, without liability to any bidder or participant.
Auction Conduct:
- Any misconduct, fraudulent activities, or attempts to manipulate the auction process will result in immediate disqualification and potential legal action.
Legal Compliance:
- Bidders are responsible for complying with all local, state, and federal laws and regulations related to real estate transactions and online auctions.
Modifications to Terms and Conditions:
- The seller reserves the right to modify these terms and conditions at their discretion, with any changes being posted on the auction platform.
- The seller reserves the right to modify these terms and conditions at their discretion, with any changes being posted on the auction platform.
By participating in the online commercial real estate auction, bidders signify their acknowledgment and agreement to these terms and conditions.
THIS IS A LIVE IN-PERSON AND ONLINE AUCTION
