DOWNTOWN HOT SPRINGS ABSOLUTE COMMERCIAL REAL ESTATE AUCTION
Property Highlights Well-Maintained 2,158± Sq. Ft. Building w/New Roof, New AC, New Tankless Water Heater & Fresh Professional Paint Job Conveniently Located North of Bath House Row in Downtown Hot Springs on Highway 7 w/an Average Daily Traffic Count of 13,000± Vehicle Per Day Perfect Location for an Electrical, Plumbing, HVAC or Roofing Contractor, Auto Detailing, Window Tinting or Retail Tire Shop w/ 3 Bays w/Overhead Doors, Office/Reception Area, Work Area, Kitchenette, Bathroom & Security Alarm Plenty of Exterior & Interior Space to Park Work Vehicles, Store Equipment, Tools & Inventory w/High Visibility for Signage 0.12± Acre Corner Lot, Zoned "Central Business District" w/Easy Access from Highway 7/ Park Avenue & from Ramble Street Well-Built in 1945 with an Attached Drive-Thru Portico All City Utilities Including Electricity, City Water, City Sewer & Natural Gas Property Shown by Appointment Only Auction Details Auction Date & Time: Wednesday, May 13th, 2026 at 11:00 AM Location: 340 Park Avenue, Hot Springs, AR 71901 Bidding Options: Live On-Site & Simulcast Online Bidding Available No Reserve Auction Offers Made Prior to Auction Day are Welcome! INSPECTION: Property Shown by Appointment Only ~ Contact Agent Doug Westgate with Questions ~ Doors Open & Auctioneers will be On-site at 10:00 a.m. for Inspection & Registration on Auction Day. CLOSING COMPANY: Pro Land Title Company ~ Closing Agent: Shanda Dunlap REAL ESTATE TAXES FOR YEAR 2025: $813.78 TERMS: $15,000.00 Cashier's Check made Payable to Wilson Auctioneers, Inc. Down Day of Auction, as Earnest Money ~ Balance Due at Closing ~ Closing within 30 Days ~ Title Insurance with Warranty Deed Provided at Closing ~ Property Sold Free & Clear of any Liens & Encumbrances ~ 10% Auction/ Buyer's Premium ~ Offers Prior to Auction Day are Welcome.