1-877-BID-OHIO (243-6446) 

Specializing in the sale of
Real Estate at Public Auction

Bank-owned Nitro Commercial Property

More Information

Would make a great playhouse or other arts venue. Possible rec center, dance hall, club or party venue. Very high ceilings, large stage and massive seating area. Updated HVAC approx. 5 years ago. Rubber roof was also replaced about 5 years ago but has some leaking around the edges thus the water damage on some of the ceiling tiles. Second story offices. Full commercial kitchen. Men's and Women's bathrooms. Great re-development opportunity. Vacant. Easy to see. Call or text for a showing. 937-581-3037.

Lot Size: 49 X 117 0.21 acres

Annual Taxes: $ 3,854


Property Map


LEAD AUCTIONEER

Barry Baker
Email Barry

W: 937-581-3037
F: 614-635-3474


DIRECTIONS:

21st St. in Nitro is the main business street.


Basic Terms:

Sells with bank confirmation. 10% down by direct deposit into our JPmorgan Chase trust account or by credit card payment with a 3% surcharge, which will become your non refundable deposit. Contract signature and deposit must be made by 5 PM the day of Auction. 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. Special warranty deed given at closing with no liens or back taxes.

Closing will take place with Ohio Title Corp, 440.886.6141, mturner@ohiotitlecorp.com

Bid increments for most Auctions will be $100.

When you place a bid, you can place a "Max Bid" and the computer will bid for you in the increments stated above.
If someone bids within the final 5 minutes of the Auction, the ending of the Auction will be extended by 5 minutes until all bids have been placed.

Deposit and Closing:

Closes within 30 days.

Realtor Participation:

Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.

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