1-877-BID-OHIO (243-6446) 

Specializing in the sale of
Real Estate at Public Auction

Canceled! Absolute Auction of Comm Bldg in Franklin, Ohio

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AUCTION CANCELED PENDING PRIOR SALE!

5,720+ SF free-standing, block-construction building.  178.5 feet of frontage on OH-73/ 2nd Street.  Zoned C-3 Commercial District.  Building features 6 overhead doors (two 8x10, two 8x12, one 8x8, one 8x16); Gas furnace and AC on 2 parcels totaling 0.75 acres.  Built in 1950.  Located 1.5 miles from Interstate-75 on State Route 73.  Traffic count at SR 73 and 123- 19,570.  Tax Appraised at $143,000.  Sells to the highest bidder REGARDLESS OF PRICE!

Warren County PID’s: 0432379019 & 042379020    

Online Bidding available.  Click on the "Bid Now" button above to register and bid online.

NOTE: Live onsite auction takes place at 2:30pm.  High onsite bid will be plugged into online platform and online bidding will conclude at 3:00pm.  if there is bidding activity in the final 4 minutes prior to the scheduled end time, bidding will be extended by 4 minutes.  Bidding will conclude when there is no advance for a 4 minute period of time at or after the scheduled end time of 3:00pm and the property will be sold to the highest bidder.

Lot Size: 5,720 SF on .75 acres

Annual Taxes: $ 3,167.82


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


DIRECTIONS:

I-75 to West on State Route 73 which becomes Second Street to subject property in the Central Business District.


Basic Terms:

Sells Absolutely to the highest bidder regardless of price.  As-Is;  No contingencies for financing or inspection;  10% Buyer’s premium in effect;  Short tax proration;  Buyer pays all closing costs;  Warranty Deed at closing with no liens or encumbrances.

Deposit and Closing:

Successful bidder will be required to deposit 10% of the total contract price by cash or check with proper ID PAYABLE to Ohio Real Estate Auctions which will be transferred to M & M Title and serve as your non-refundable deposit. Close on or before April 28, 2017.  

Realtor Participation:

Commission available to Ohio Licensee representing a successful bidder who closes on transaction.  To collect a commission, Realtor's must: 1) Register your bidder no less than 24 hours prior to auction - See Registration Form under Documents; 2) Accompany your client to the scheduled Inspection; 3) Accompany your client to the auction; 4) Guide buyer to closing. NOTE: If bidding online, you must register your client with auctioneer prior to client’s online registration.

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