More Information
Online-Only Real Estate Auction
5089 & 5097 Norman Blvd
Dayton, Ohio 45431
Bidding Ends:
Tuesday, March 5th @ 2:00pm
2 Parcels Offered Separately & Together located across from Wright Patterson Air Force Base with convenient arterial access to I-35 & I-675
Unique opportunity to acquire an office building(s)within the highly desirable east market and close proximity to Wright Patterson Air Force Base. Move-in ready office space with over $300k improvements including new HVAC, windows, ADA complaint restrooms, lighting and a back-up generator. Abundant of parking available and rare warehouse/flex component with an easily accessible overhead door. With the high demand of office space outside of WPAFB and limited supply, the property is positioned well for an owner/user or investor looking for a value-add opportunity. Numerous amenities nearby such as restaurants, grocery, financial institutions, and shopping
Lot 1: 5089 Norman Blvd: 6,190+/- SF, office/flex space with 600+/- SF warehouse/storage area with 8’ OH Door. Over $300K improvements including window; HVAC; ADA restrooms; lighting; backup generator & complete office buildout.
Montgomery County PID’s: I39 00102 0015,0016; & 0063; Annual Taxes: $3,910
Lot 2: 5097 Norman Blvd: 2,034+/- SF, 2-Story commercial building wit possible residential unit on 2nd floor over a full basement.
Montgomery County PID’s: I39 00102 0044 & 0045; Annual Taxes: $1,591
Lot 3: Includes both Lots 1 & 2 in totality.
OPEN INSPECTIONS: 2/24/24 & 2/27/24 ~ 11am to 12pm or By Appointment
TERMS: All bidding will be Online-Only at OhioRealEstateAuctions.com. Property sells As-Is with no contingencies for financing, inspections or otherwise subject to Seller Confirmation at the conclusion of bidding. 10% Buyer's Premium will be added to winning bid(s) to establish final contract selling price(s). Short tax proration. Buyer pays all closing costs.
DEPOSIT AND CLOSING: Successful bidder will be required to deposit 10% of the total contract price by end of business on day after auction end. Close on or before April 4, 2024 through M & M Title Company.
* ONLINE BIDDING NOTES:
Bid Increment: online bidding increment for this auction is $500.
Max Bid: When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $500 increments up to your maximum. You will be notified by email if your maximum is out-bid by another bidder.
Bid Extensions: If a bid is placed in the last 5 minutes before the scheduled auction end time, bidding will extend for an additional 5 minutes. Bid extensions will continue until a 5 minute period of time elapses after the stated auction end time with no advance in the bidding.
Realtor Participation: Contact Auctioneer for terms & requirements.
*FF&E Selling in Separate Online Auction ending 3/6/24 @ BidNowLLC.com*
Tim Lile – Auctioneer/Asset Advisor
(937)689-1846
TimLileAuctioneer@gmail.com
Bid NOW @ www.OhioRealEstateAuctions.com
Selling in Cooperation with APEX Commercial Group
Disclaimer & Legal Disclosure: Information contained herein was obtained from sources deemed reliable. However, neither Ohio Real Estate Auctions, LLC, Auctioneers, nor their agents will be responsible for any errors or omissions regarding information provided by same. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same. In all reserve auctions, Seller & Seller’s agent’s are permitted to place bids as provided for in the Ohio Revised Code & the Uniform Commercial Code. This right is negated in the case of an absolute auction. All auctions are considered with reserve unless specifically presented as absolute.
Annual Taxes: $ 5,501
Property Map
Basic Terms:
All bidding will be Online-Only at OhioRealEstateAuctions.com. Property sells As-Is with no contingencies for financing, inspections or otherwise subject to Seller Confirmation at the conclusion of bidding. 10% Buyer's Premium will be added to winning bid(s) to establish final contract selling price(s). Short tax proration. Buyer pays all closing costs. General warranty deed(s) given at closing with no liens or back taxes.
Deposit and Closing:
Successful bidder(s) will be required to deposit 10% of the total contract price by end of business on day after auction end. Close on or before April 4, 2024 through M & M Title Company.
Realtor Participation:
See Realtor Registration form in documents section of this listing for terms and requirements.