16229 Highway 1, Simmesport, LA 71369 - Avoyelles Parish

This exceptional investment property has multiple established tenants (3) Rental Spaces (Previous Dollar General) 12,000 SQ FT (Not Rented), Piggly Wiggly 14,500 SQ FT (Rented), Local Pharmacy 2000 SQ FT (Rented). Approximately 4.5 acres including the parking area and retail spaces. This property will sell "Subject to Owner Confirmation", the high bidder will be notified within 6 hours of the auction closing if the high bid is accepted.

Auction Dates: Wednesday | November 30th | 3pm CT

Preview: By Appt Only | Call: Jason Bush 225-431-0542

Questions? Call: Jason Bush 225-431-0542

Public Auction selling Commercial Property at Public Auction on November 30th.

November 30, 2022, Real Estate Auction Buyers Terms

The high bidder at the auction (Buyer) will be required to sign the Purchase and Sale Agreement immediately upon the conclusion of the auction, after the owner's confirmation.

FEES: Buyer will pay all closing costs and associated fees.

EARNEST MONEY DEPOSIT: An earnest money deposit equal to ten (10%) of the purchase price is due and payable within three business days after the conclusion of the auction. The earnest money deposit will be deposited in Henderson Auctions non-interest-bearing escrow account. The 10% earnest money deposit is payable by cashiers check. This deposit will be deducted from the Buyers settlement total at closing. The 10% deposit is non-refundable if the Buyer fails to close on the Property.

VIEWING/INSPECTION: The Buyer is responsible to complete inspections/viewing prior to the close of the auction. AS IS, WHERE IS: The Buyer is purchasing this Property as is, where is with no warranties expressed or implied for habitation or development, or fitness for any other purpose.

POSSESSION: Possession of the Property will be provided to Buyer at closing. SURVEY/PROPERTY MAPS/TAXES: The Seller will provide property maps and aerial photos as available.

REAL ESTATE TAXES: All real estate taxes shall be pro-rated from the auction close.

CLOSING: Closing under the Purchase and Sale Agreement shall be on a date no later than forty-five (45) days after delivery of insurable title to Buyer. Buyer to pay attorney fees and closing costs. Property is being sold absolute and without reserve.

BUYERS PREMIUM: 10% Buyers premium shall be added to the high bid which will establish the final contract sales price. Preview by appointment. General Auction Site Policies: When entering any of the auction sites you do this at your own risk. Henderson Auctions is not responsible for any injuries or damage to Property that occurs at the auction site. The Property is sold as-is/ where-is, with No Guarantees or Warranties. In the event of default by Buyer, Henderson shall offer the Property for sale to the non-winning bidders, in the order of their final bids from highest to lowest (default process).