Absolute Auction! Regardless of Price!
Court Ordered Receivership Auction of
Dayton and Springfield Commercial Properties
1238 Upper Valley Pike, Springfield 45504
3666 Obco Court, Dayton 45414
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Auction Date: Tuesday May 8. Springfield sells at Noon. Dayton sells at 3 PM. Both Auctions on location.
Auction Location: Each Auction will be held onsite and will start promptly. Please arrive no less than 30 minutes prior to Auction for registration.
Directions to 1238 Upper Valley Pike, Springfield: From I-70 go N. on SR 68 to Left on 41 to Left on Upper Valley Pike to Left on Creekwood Ct. by the McDonalds. Click Here for a Google Map
Directions to 3666 Obco Ct., Dayton: From the Intersection of I-70 and I-75 to South on 75 to left on Needmore to left on Webster to Rt. on Obco Ct.
Property Description for 1238 Upper Valley Pike: Most recently used by Apex which was a fire and water restoration general Contractor. Great multi use building with 19,186 SF of total space. Currently there are 2 separate suites. One suite is leased to Lincare medical. (Aprox 3,000 SF). Building was built in 1987 and was previously a nursery retailer. The building sold in 2005 to Apex for $993,390. Tax appraisal is $993,390. Annual taxes are $22,810. Very modern and updated building with numerous potential uses. Total office space per Clark Co. is 4,290. Total retail and warehouse space is 14,896. Land size is 1.91 Acres. Total parking spaces are aprox. 100.
Current Lease Status for Tenant: Lincare medical is a long term tenant. Currently paying $2,252 per month plus utilities. Lease term is up at the end of May 2012. They are looking for a quality landlord to negotiate a new lease term with.
Building Viewing Times for 1238 Upper Valley Pike: Tuesday May 1 from Noon till 12:30 pm. Also 1 hour prior to Auction and by private appointment with your REALTOR.
Property Description for 3666 Obco Ct.: 5,520 SF zoned light industrial, built in 1974. Montgomery Co. tax appraisal is $218,580. Annual taxes are $8,879. Land size is .37 Acres. Most recently used by Apex fire and water restoration general contractor. Great proportion of office (1,020 SF) to warehouse space (4,500 SF). Loading dock plus drive in overhead door. Easy access to I-75 and close to I-70. Currently vacant.
Building Viewing Times for 3666 Obco Ct.: Tuesday May 1 from 3-3:30 pm. Also 1 hour prior to Auction and by private appointment with your REALTOR.
Basic Terms: Sells Regardless of Price to the Highest bidder with no minimums or reserves. In order to bid you must bring a cashier's check made payable to "Home Site Title Agency" in the amount of $20,000 which will become your non refundable deposit if you are the high bidder. The building is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. Montgomery Co. short tax proration. General warranty deed given at closing with no liens or back taxes.
Realtors: Cooperation is encouraged and expected. Please see Realtors Only section of our website for compensation instructions.
Auctioneers: Steve Thompson, CAI and Barry Baker, CCIM, AARE, CAI. Cell: 937-581-3037 Barry@OhioRealEstateAuctions.com
Photo Section for 1238 Upper Valley Pike, Springfield
Lincare Medical Suite Photos
Photo Section for 3666 Obco Ct. Dayton
