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Real Estate at Public Auction

Kettering Restaurant Location

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ON-LINE ONLY  REAL ESTATE AUCTION


FORMER PEPITO’S KETTERING LOCATION

3614 Wilmington Pk.

Kettering, OH 45429


AUCTION DATE : Tuesday, February 27, 2024 @ 12:00 PM




Montgomery County Parcel ID: N64 03405 0082


Annual Property Taxes: $ 7,290


Description 

This 6,435 sq. ft. building is zoned to be a restaurant. Located in Kettering with terrific traffic counts and great visibility. The location was formally Pepito’s Mexican Restaurant.  The current owner has made several upgrades including a new roof in November 2023 and all new ceramic tile throughout. Don’t miss this opportunity. 




Auction Terms: Sells subject to seller confirmation on auction day. A 10%, non refundable deposit is to be collected from the winning bidder at the conclusion of the auction by direct deposit into our JPmorgan Chase trust account or via credit card payment with a 4% surcharge. 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 on or before March 27, 2024. 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. General warranty deed given at closing with no liens or back taxes.



Deposit and Closing:. Transaction must close on or before March 27, 2024, with Ohio Real Estate Title, contact Veronica Riggs, (937)322-7333 or vriggs@oret.com for closing cost estimate. 


Auctioneer:  Ron Denney, CAI 

(937) 572-4468

ron@rondenney.com


Broker:  Ohio Real Estate Auctions, LLC


Realtor Participation: Realtor cooperation is encouraged. For compensation instructions, please contact the Auctioneer. The requirements are outlined below: 


To collect a commission, Realtor's must: 

1) Attend one of the open inspections with your client.

2) Register your bidder no less than 48 hours prior to the auction by sending a signed Ohio Agency Disclosure form to the Auctioneer. 

3)You will receive 1% of the high bid amount at closing, if you represent  the winning bidder.



Disclaimer:  Information contained herein and in the Property Information Packet 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: .62 acre

Annual Taxes: $ 7,290


Property Map


LEAD AUCTIONEER

Ron Denney
Email Ron

W: 937-572-4468

AUCTIONEER


Tim Lile
Email Tim

W: 937-689-1846


Basic Terms:

Sells subject to seller confirmation on auction day.. 10% down by cash or check which will become your non refundable deposit. 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. General warranty deed given at closing with no liens or back taxes.

Deposit and Closing:

Buyers will close with Ohio Real Estate Title. Contact vriggs@oret.com for a closing cost estimate.

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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