Online Only Real Estate Auction
Bidding Starts Closing
Thursday, October 18th @ 4:00pm
(In light of our office receiving new information regarding tenancy, we have extended this auction)
2844 East River Road, Moraine, Ohio 45439
OPEN INSPECTION: Tuesday, October 16th 1:00pm to 2:00pm
PROPERTY DESCRIPTION: +/- 16,000 SF 2-Story, Office Building built in 1980 on 1.77 acres. Currently includes private offices and open areas. First floor has a garage/dock door offering an easy conversion to assembly or light manufacturing with offices on the upper level. Located on E. River Rd in Moraine facing I-75, this building provides visibility to 120,000+ cars daily! 32,000 SF of paved parking offers 49 spaces. Building has new $30,000 rubber-membrane roof just installed in August 2018.
MONTGOMERY COUNTY PID: J44 20908 0066
LEASE: Tenant occupies approx.., 2,500 SF on the lower level at $1,650 per month
Purchased in 2006 for $700,000,
BUT Seller is highly motivated and prepared to sacrifice.
DO NOT miss this opportunity!
Tim Lile, CAI ~ Auctioneer ~ (937)689-1846 ~ TimLileAuctioneer@gmail.com
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: : +/- 16,000 SF on 1.77 acres
Annual Taxes: $ 13,110
LEAD AUCTIONEERTim Lile
Property sells subject to Seller Confirmation within 24 hours of bidding end. As-is with no contingencies for financing, inspections or otherwise. All desired inspections should be completed prior to auction. 10% Buyer's Premium will be added to winning bid to establish final contract selling price. Short tax proration. Buyer pays all closing costs.
Bid Increments: for this auction is $500.
Max Bid: When you place a bid, you can place a "Max Bid" and the software will bid for you in $500 increments. You will be notified by email if you are out-bid.
Bid Extensions: If a bid is received within the last 5 minutes of the Auction end time, bidding will extend for a 5-minute period. Bid extensions continue until a 5 minute period of time elapses with no bids placed after the stated auction end time.
Deposit and Closing:
Successful bidder will be required to wire 10% deposit to M & M Title Company by end of next business day after acceptance. Close on or before November 16, 2018 through M & M Title Company.
See Realtor Registreation Form in Documents Section