1-877-BID-OHIO (243-6446) 

Specializing in the sale of
Real Estate at Public Auction

Online Auction - Centerville, Ohio Office + Land

More Information

Online-Only Real Estate Auction
Bidding Ends:
Thursday, July 16th @ 1:30pm
6239 Wilmington Pike
Centerville, Ohio 45459

PROPERTY DESCRIPTIONThis historic 1860 farm house converted for office use is ideally located in a high-traffic retail area of Centerville with easy arterial access to I-675. The property consists of 3,750+/- SF on 2 floors over a partial basement. 2 Parcels total 1.422+/- acres. Subject has 4,259+/- SF of paved parking.  Current tenant pays $3,500 per month with 1 year remaining on existing lease.  Centerville City Planner previously provided a preliminary approval to add up to 4 additional, 2-story buildings with total main floor square footage of 16,400+/-  SF plus paving to accommodate an additional 82 parking spaces. This is a great income & development opportunity!

Montgomery County PID’s: O68 00604 0001 & O68 00604 0002

A
nnual Taxes & Assessments: $12,072. 

Buy Now Price: $700,000

DISCLOSUREOwner is a licensed Real Estate Broker in the State of Ohio & this sale is in conjunction with Berkshire Hathaway Homeservices.

Realtor Participation: Contact Auctioneer for terms & requirements. 

Tim Lile, CAI – Auctioneer; (937)689-1846
timlileauctioneer@gmail.com
Bid NOW @ www.OhioRealEstateAuctions.com

* BIDDING NOTES:

Bid Increment: online bidding increments for this auction is $500.

Max Bid: When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $500 increments 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.

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. Announcements made at the auction will take precedence over written material or any other statements made prior to the auction. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same. 

Lot Size: 3,750+/- SF, 2-Story Office on 1.422+/- acres

Annual Taxes: $ 12,072


Property Map


LEAD AUCTIONEER

Tim Lile
Email Tim

W: 937-689-1846
F: 1(877)772-4217


Basic Terms:

 TERMSAll bidding will be Online-Only at OhioRealEstateAuctions.com. Property sells As-Is with no contingencies for financing, inspections or otherwise subject to Seller Confirmation at the conclusion of bidding. All desired inspections must be completed prior to auction end. 10% Buyer's Premium will be added to winning bid to establish final contract selling price. Short tax proration. Buyer pays all closing costs. Security deposit and pro-rated, collected rent will transfer to buyer at closing. Possession transfers at closing subject to tenant’s rights.

BUY NOW TERMS: Sale shall be subject to all terms of auction as outlined above. Pre-auction contract must be completed with required deposit in place no less than 48 hours prior to auction end time.  If bid level reaches 90% of buy now price ($630,000) buy-now option shall be removed. Boy-Now Price is $700,000.

Deposit and Closing:

Successful bidder will be required to deposit 10% of the total contract price by end of business on auction day. Close on or before August 14, 2020 through M & M Title Company.

Realtor Participation:

Contact Auctioneer for terms and requirements.

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