National Commercial Auctioneers to Hold Court-ordered Absolute Bankruptcy Real Estate Auction August 24 Including Historic Former Bank Building

TULSA, Okla., July 27 /PRNewswire/ -- National Commercial Auctioneers [www.natcomauctions.com] announces a court-ordered event auction event featuring properties in Fort Smith, Ark., and Haskell, Okla., on August 24, according to Stephen Karbelk, CAI, AARE, President.

"We have some excellent investment opportunities here," noted Karbelk. "Now is the prime time to pick up investment real estate at auction prices."

The first property in this auction is a 1,750 square-foot historic bank building with large windows and ornate brick. Located at 100 East Main Street in Haskell, Okla., this ornate structure was built in 1920. It was converted to a chiropractic office several years ago, but still retains many of the original features. 

Located on the corner of busy Main Street and Broadway (Hwy 64), the outside has extensive stone and brick work creating tremendous curb appeal.  There are large half circle windows on the front and along the side.  The original two-story vault is still intact, minus the vault door. 

Karbelk explained, "This bank was solidly built during the era of gangsters and bank robbers, and was actually robbed in 1933 by the infamous Underhill Gang. This is your opportunity to buy a piece of Oklahoma's famous gangster history!"

The second property in downtown Fort Smith is a 14,000 square-foot corner lot located on the heavily traveled US64 at 405 South 14th Street near Sparks Regional Medical Center. Zoned commercial heavy (C-5) with city water and sewer, the property is located close to shopping, restaurants, entertainment and public transportation.

The final property is the adjoining 7,000 square-foot lot at 405 South 14th Street, which is currently improved with a two-story four/five bedroom, two bath home in fair condition with kitchens on both levels. This property is zoned transitional (T).

Bidders must register prior to the auctions. Broker participation is encouraged. For more details about the property, including how to obtain a property information package, visit www.natcomauctions.com or call toll free (877) 895-7077.

National Commercial Auctioneers is a nation-wide auction company that specializes in the sale of commercial real estate at auction for banks, receivers and bankruptcy courts.

SOURCE National Commercial Auctioneers