Live, On-Site, $50,000.00 Minimum Bid Auction at 4:00 PM on Saturday, May 18, 2013. This Multiple Use Commercial Building & Huge Parking Lot sells "as is" being in need of Rehab and Restoration. This Real Estate has been deliberately boarded up and a security alarm system installed to prevent vandalism. Please see the City of Columbus Building & Zoning Department web site for the Multiple Uses of this Building with the existing C-2 Office Commercial District Zoning. The current Franklin County Ohio Tax Appraised Market Value of this Commercial Building & (2) Parcels of Land is $595,000.00.
Lot Size: Parcel #010-207010-00 and Parcel #010-120516-00
Annual Taxes: $ 16,600.00
LEAD AUCTIONEERKeith Orr
Location, Location, Location! East Livingston Ave & South Hamilton Road, Columbus, Ohio 43227
Live, On-Site, $50,000.00 Minimum Bid Auction. In order to bid and participate in this Auction you must bring with you a valid State of Ohio photo ID, CASH or a Bank Certified Funds Cashier's Check made payable to Ohio Real Estate Auctions in the amount of $5000.00 which will become your good faith earnest money deposit if you become the successful high bidder. The Real Estate sells "as is" being in need of Rehab & Restoration with no Buyer contingencies. Therefore ALL due diligence must be completed prior to bidding to purchase this Real Estate at Auction. A 10% Auction Buyer's Premium will be added to the high bid to obtain the final contract selling price. The Real Estate taxes will be prorated. The Buyer agrees to pay all closing costs involved in this transaction, shall settle in full and close this transaction within 30 days after the date of Auction. A good deed will be given at closing with no liens or back taxes.
Deposit and Closing:
The Buyer agrees to pay all of the closing costs involved in this transaction, shall settle in full, and close this transaction within 30 days after the date of Auction.
Realtor participation is always welcome and encouraged. For full compensation instructions please print and complete the Buyer/Broker/Realtor Auction Registration form attachment on the home page of the Ohio Real Estate Auctions LLC web site. Thank you.