SOURCE: Hagen Realty Group

Hagen Realty Group

March 24, 2011 09:46 ET

Convenience Stores in Monticello and Wilmar to Sell at Auction

MONTICELLO, AR--(Marketwire - March 24, 2011) - Two closed convenience stores may soon be selling fuel and food again with new owners. That's because the stores -- one in Monticello and one in Wilmar -- will sell in a lender-ordered auction Thursday, April 7.

Both stores will be sold from the Monticello store, which is located at 510 Highway 425 North, Monticello.

"It's always unfortunate when a lender has to order the sale of a property, but this will provide an excellent opportunity for someone who can take advantage of the excellent, high-visibility, high-traffic locations and build a profitable business," said Kim Hagen, of Hagen Realty Group, which is partnering with Gilmore Auction & Realty Co. on the auction.

The Wilmar store, located at 2675 W. Highway 278, has approximately 5.39 acres, allowing room for parking and expansion. It has a large sales counter and floor space for merchandise, as well as a six-door walk-in cooler, two double-side pumps under a canopy and a diesel pump.

The Monticello store is located on approximately 0.69 acres and has a deli area, a small kitchen area for deli food preparation, a seven-door walk-in cooler, and four double-sided pumps under a canopy.

"These stores are located only 10 minutes apart, making it efficient for a single owner to manage them both. However, each is also an attractive investment in its own right," said Hagen.

Personnel will be available for inspections on Wednesday, March 30, from 10 a.m. to 11 a.m. at the Monticello store and from 11:30 a.m. to 12:30 p.m. at the Wilmar store. 

The auction will begin at 11 a.m. at 510 Highway 425, Monticello. Individuals seeking additional information may visit or call 1-800-942-6475.

Hagen Realty Group, based in Carrollton, Ga., with offices in Austin, Texas, and Fort Pierce, Fla., is a national asset disposition firm offering accelerated marketing for real estate through accelerated listings, public outcry auctions, sealed bid auctions, and Internet auctions to maximize dollar value for clients. More auction information.

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