
Absolute Commercial Real Estate Auction
Tuesday, March 16 @ Noon On-Site
7989 S. Suburban Road, Centerville, OH 45458

Property Description: 13,964 square commercial building on 1 acre zoned I-1 Light Industrial and .83 acre vacant lot each selling separately. Located in the city of Centerville, close to I-75 in an upscale area on a cal-de-sac directly across from the brand new Centerville Public Works Center. Built in 1981 and constructed of brick and block with a flat aggregate roof with entrance on either side of the building. Ample black top parking to the rear of the lot. There is a detached storage building/garage approximately 16x60 with 2 double and 2 single garage doors. Inside there is a 7x8 waiting/reception area, 18x25 executive office with a full bathroom, 3 exterior windows, small refrigerator and double bookshelves. Down the hallway is a mens and ladies restroom, coat closet, mechanicals room and 6 additional offices. There are 2 productions rooms; 60x120 and 40x120 with 11 foot drop ceilings and a steel garage door separating the two. Drop down Phase 3 electric to each machine area and 2 bathrooms. There is also a tool room and a quality control room. Electrical system is 1600 amp. Heat is gas forced air and central A/C, with units on the roof.
Personal Property Auction: Thompson Auction Co. will be liquidating the Machine tools on the same day starting at 10 AM. Click Here for Website
Legal Description: 11 PT S Suburban Comm Area Sec 2 Click Here for new Phase I Summary
Directions: From I-75 go North on I-675 to E on OH-725 to right on Suburban. Click Here for Google Map
Auction Terms:
Property sells as-is with no contingencies
for financing, inspection or otherwise and close in approximately 45 days. Prospective bidders are strongly
encouraged to conduct all desired inspections, and arrange financing prior to
auction day. Taxes will be prorated
via the short proration method. 10% Buyer’s Premium will be added to the final
bid to create the contract sales price.
Deposit & Closing: In order to register to bid you must bring a CASHIER'S CHECK MADE PAYABLE TO HBI TITLE in the amount of $50,000 which will be your non-refundable deposit if you are the high bidder. Checks will be immediately returned to all non-winning bidders. Closing must be within 45 days after the Auction.
Realtor Participation: Buyer Broker Participation is welcomed and expected. For complete requirements, please see the Realtors Only Section of our website for full details on Compensation. Feel free to contact auctioneer with any questions.
Viewing Dates: Tues. March 9 from 12:00-12:30 PM and the morning of the Auction.
Auctioneer: Barry Baker, CAI, AARE, CES, CCIM Barry@OhioRealEstateAuctions.com cell 937-581-3037.
www.OhioRealEstateAuctions.com