The roof needs replaced ($92,000 estimate from local company) and there is now a good amount of black mold inside the property because of the roof leak ($91,385 estimate). Please make your own inspection prior to bidding. Both estimates are attached in the documents section on this web page. There was also a water main bust this winter and water has been shut off but pipes have not been repaired.
Purchase price was $630,000 in 1991. Montgomery Co. tax value is $537,770. 22,274 total Square Feet.
This property would be perfect for a service oriented business with needs for warehouse space and lots of individual offices. Other good use would be light manufacturing or assembly. There are about 25 private offices.
Large front office which could be great for cubicals or even a quality control area. Parking on the North and South of the property with man door access on both sides. 2 lobbies, reception areas. Factory break room and bathrooms. Most of the warehouse area actually has about 22 foot ceilings but a drop ceiling has been added to about 8-10 feet high. Ceiling height could easily be converted back. The building is sprinkled. The 4 garage doors on the North side of the building are aprox. 12 foot high. They would be great for fleet parking and repair. This garage does not have direct access into the warehouse. There is one dock door and one drive in door. As you will notice if you tour the property, the roof is leaking in spots. See YouTube video for drone footage of the roof.
At lease 41 parking spots with at least another 15 inside the fenced area. Great location with easy access to I-75 and the Dayton metro area.
Bidding starts at $50,000 and sells to the highest bidder.
Images on this website are not the current interior condition. They were taken prior to the mold being in the property.
Lot Size: 1.474 Acres.
LEAD AUCTIONEERBarry Baker
US-35 just East of downtown Dayton to North on Smithville to Left on E. 3rd to Right on N. Hedges.
Opening bid is $50,000. $10,000 down by cash or check due by 5pm day of auction 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 15 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:
Closing will take place with Nova Title Agency, 440-600-5550, email@example.com
Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.