Absolute Real Estate Auction
Tuesday, February 27th @ 11:30am
Selling onsite at:
5692 Far Hills Avenue
Washington Township, Ohio 45429
(Online Bidding Available)
Sells Absolute to the Highest Bidder Regardless of Price!
No Minimum & No Reserve!
Pre-Auction BUY-NOW price $1,400,000
Property Description: 17,788 SF 2-Story, Office Building with full finished basement and elevator serving all three floors. Property is situated on 2.612 Acres in GREAT Washington Township location. 40,000 ADT on Far Hills Avenue and NO City Income Tax! Currently 70% occupied by an Orthopedic Surgeon, Neurosurgery Group, Medical Imaging Group and a Pediatrician with short-term leases allowing new owner to occupy, redevelop or manage current cash flow. Plans for adding 2nd 7,000 SF building on site already approved. Built in 1980 and updated in 2003. 100+ Parking spaces; Zoned B-1 Business. Tax Appraised at $1,239,650.
Montgomery County PID: O67 03709 0222
Total Monthly Rents: $24,156.67
Lot Size: 17,788 SY on 2.612 Acres
Annual Taxes: $ 40,184.88
Sells Regardless of Price to the Highest bidder with no minimums or reserves. 10% down day of auction by cash or check which will become your non-refundable deposit. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes.
Deposit and Closing:
Close on or before March 29, 2018 through M & M Title Company.
See complete requirements on Realtor Registration Form attached to this listing. Contact Auctioneer to arrange private showings.