ONLINE BIDDING ONLY
Ends: 08/31/23 at 2:00 PM CDT
5,400+/- SF Warehouse with 1,200+/- SF Low Temp Cold Storage – Hope, AR
Online Only Auction! Commercial Real Estate
Warehouse Facility 302 W. Compress St. Hope, AR 71801
Bidding Opens: Tuesday, August 1st at 10:00 am
Bidding Closes: Thursday, August 31st at 2:00 pm
Open House: Wednesday, August 30th from 11:00 am to 1:00 pm or contact the auctioneers for a private tour.
Don’t miss out on this incredible opportunity to own a prime warehouse facility located in Hope, AR! This former Schwan’s distribution facility, built in 1990, is up for auction!
Property Highlights:
- Size: 5,400± SF warehouse and office building
- Features: 4 bay doors, loading dock, low-temperature storage
- Ample parking area
Property Description: This spacious warehouse facility sits on approximately 1.25± acres of land. It boasts 4 floor level docks with overhead doors, 3 offices, a bathroom, boardroom, break room/kitchen, dry storage room, and a 1,200± SF low-temperature cold storage freezer room with heated doors and a rear loading dock. In addition, the property offers 7 electrical hookups/charging stations, a detached storage building, concrete braces for a fuel tank, a high-fenced security area in the rear parking lot, a steel gate at the front entrance, and a large paved parking area.
Utilities:
- Hope Water & Electric
- Summit Utilities natural gas (available)
- Fire hydrant located on the southwest corner of the property
Auctioneer’s Note: Location, Location, Location! This warehouse facility is strategically located just 0.6 miles from Interstate I-30 and 28 miles from Interstate I-49, making it an ideal distribution hub in the Central United States. With Tyson Foods’ recent $70 million investment and plans for further expansion, Hope, AR is experiencing a significant upswing. Seize this opportunity and bid now!
A 10% buyers’ premium will apply to all purchases. Auctioneer Brad W. Wooley. Phone: 501-940-3979. Arkansas Auctioneers Licensing Board No. 2150
Visit our website for more details and to place your bid. Don’t miss your chance to own this fantastic warehouse facility in a prime location!
Terms
ONLINE AUCTION TERMS & CONDITIONS AUCTION TERMS & CONDITIONS
The Following Terms & Conditions Apply to The Online Real Estate Auction of the following property:
- 1.25± AC. Located at 302 W. Compress St Hope, AR 71801. In Hempstead County Arkansas. Legal description: Lot (1), in Block (1), in Pike Business Park and Commercial Center, Hope, Hempstead County
BUYER’S PREMIUM: A buyer’s premium of Ten percent (10%) of the high bid will be added to the bid to determine the final sales price.
ALL OFFERS ARE MADE SUBJECT TO SELLERS APPROVAL.
PROOF OF FUNDS REQUIRED: All registrations will remain in pending status until proof of funds has been received by the auctioneer. Bank letter of credit or recent bank statement can be emailed to brad@wooleyauctioneers.com for bidder approval.
PAYMENT: 20% Down at the conclusion of the auction with the balance due in 30 days at closing. Purchaser will be required to pay their side of closing costs. Closing will take place at Hempstead County Abstract & Title Company located at 116 E. 2nd Street. PO Box 192. Hope, AR 71801. Title Agent: Patricia J. Harris: 870-777-2351. Contact auctioneers if additional information is needed. Auctioneer Brad W. Wooley: 501-940-3979
PAYMENT TERMS: Wooley Auctioneers requires a credit card for bidder verification purposes only. We will never charge your credit card for real estate transactions. Wooley Auctioneers will contact the winning bidder by phone at the conclusion of the auction with detailed payment instructions.
Wooley Auctioneers, Inc. (Auction Company) is providing an Internet auction as a service to Bidder. Bidder acknowledges and understands that this service may or may not function correctly the day of the auction. Under no circumstances shall bidder have any kind of claim against Auction Company or anyone else if the Internet service fails to work correctly during the online auction. Auction Company will not be responsible for any missed bids from any source. Internet bidders who desire to make certain their bid is acknowledged should use the proxy bidding feature and leave their maximum bid at least 24 hours before the auction closes.
Auction Company reserves the right to withdraw or re-catalog items in this auction.
BUYER’S CONTRACT: Your bids placed on the Wooley Auctioneers website are a contract and you are responsible for paying all amounts due.
CURRENCY TYPE: USD
AUCTION LOCATION: Internet/Online Only
ADDITIONAL TERMS OF SALE:
- YOUR BID IS A CONTRACT TO BUY should you be the winning bidder.
- All property is sold “AS IS”.
- By bidding on property, the bidder shows acceptance of the terms of the auction.
- All announcements made prior to the close of the Internet bidding take precedence over any and all written or verbal statements.
- Wooley Auctioneers attempts to describe the properties to the best of our abilities however we make no representations or guarantees. In no event shall Wooley Auctioneers, Inc. be held responsible for having made or implied any warranty of merchantability or fitness for a particular purpose. Nor shall we be responsible for any errors or omissions in the description of the properties.
EXPLANATION SOFT CLOSE: If an item receives a bid within the last 5 minutes, then the close time will be extended 5 minutes from the time the bid is placed. The time will continue to be extended for 5 minutes with each newly placed bid and the item will not close until 5 minutes has elapsed with no additional bidding activity. This does eliminate “snipers” from our Internet Auctions. Please be assured that we have taken every precaution to set the site up in a transparent manner that allows for the fairest environment for both buyers and sellers.
