1-877-BID-OHIO (243-6446) 

Specializing in the sale of
Real Estate at Public Auction

5229 Madison Rd, Cincinnati, OH 45227 ~ Online Auction

More Information

Online-Only Real Estate Auction

5229 Madison Road

Cincinnati, Ohio 45227

Bidding Ends:

Tuesday, January 23rd @ 2:30pm

PROPERTY DESCRIPTION: 2,316+/- SF, Commercial Retail Building with Drive-through built in 1993 over a full basement and completely renovated in 2021 on .418+/- acre lot. Location is on a visibly, unparalleled corner with innumerable possible uses.

* ONLINE BIDDING NOTES:

Bid Increments: $1,000 up to $500,000 and $5,000 thereafter.
Max Bid: When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in the required increment 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: See Realtor Registration Form in documents section of this listing

*FF&E Selling in Separate Online Auction ending 1/24/24 

Tim Lile – Auctioneer/Asset Advisor 

(937)689-1846 

TimLileAuctioneer@gmail.com 

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. 

Lot Size: 2,316+/- SF on .418+/- acre lot

Annual Taxes: $ 18,527


Property Map


LEAD AUCTIONEER

Tim Lile
Email Tim

W: 937-689-1846
F: 1(877)772-4217

AUCTIONEER


Ron Denney
Email Ron

W: 937-572-4468


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 to establish final contract selling price. 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 March 5, 2024 through M & M Title Company.

Realtor Participation:

See Realtor Registration Form in documents section of this listing for terms and requirements

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