Online-Only ABSOLUTE Real Estate Auction
425-445 N. Findlay Street
Dayton, Ohio 45404
Tuesday, November 15th @ 2:30pm
Sells to the Highest Bidder Regardless of Price!
No Minimum Bid & No Reserve
PROPERTY DESCRIPTION: 54,885+/- SF, 3-Story Office Building over a Full Basement with 2 Large Outbuildings on 6.4+/- acre lot. Property is the former Duriron headquarters. Property is very well-maintained with security gate. Main building boasts many offices and conference/classroom spaces plus numerous multi-purpose rooms.
MONTGOMERY COUNTY PID’s: R72 01004 0047, 52, 63 & 9047
TAXES: To be determined. Current owner is a non-profit, exempt from property tax.
* ONLINE BIDDING NOTES:
Bid Increment: online bidding increment for this auction is $250 up to $100,000 and $1,000 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: Contact Auctioneer for terms & requirements.
Furniture, Fixtures & Equipment Online Auction Ends 11/16 @ 7:00pm
All FF&E is selling in separate Online Auction
Tim Lile – Auctioneer
In Cooperation with Mark Fornes Realty
Bid NOW @ www.OhioRealEstateAuctions.com
Disclaimer: 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.
Lot Size: 75,000+ SF on 6+ Acres
Annual Taxes: $ TBD
All bidding will be Online-Only at OhioRealEstateAuctions.com. Property sells to the highest bidder regardless of price subject to no minimum and no reserve. Other terms include As-Is with no contingencies for financing, inspections or otherwise. 10% Buyer's Premium will be added to winning bid to establish final contract selling price. Short tax proration. Buyer pays all closing costs.
TENANTS RIGHTS: 2 tenants will remain in place with existing leases transferring to new owner. All are non-profit entities with below market rents through July 2023. See leases in Documents section of this listing.
Deposit and Closing:
Successful bidder will be required to deposit 10% of the total contract price by end of business on November 16, 2022. Close on or before December 15, 2022 through M & M Title Company.
See Realtor Registration Form in Documents Section of this listing for terms and requirements.