4.47 Acres - 2 Parcels
21,584 Sq Ft - 3 buildings
Marysville, Ohio
Real Estate Auction
In Person/Online Auction
ONLINE BIDDING WILL BE AVAILABLE JANUARY 31ST.
Live Auction Date:
AUCTION CANCELLED |
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Tract 1 - Parcel Number 29-0004422.0000
1005 Delaware Ave., Marysville, Ohio
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TRACT #1 – Parcel #: 29-0004422.0000 This tract is a 3.4 acres (+/-) parcel with (3) separate buildings and further described as follows:
BUILDING #1: This building, a metal building with standing seam metal roof, is 5,984 sq. ft. (+/-) and has (9) bays (front & rear). On the front (south side) are (6) overhead doors; (1) of which is a double width door. There are (3) overhead doors on the back (north side). Between the 3rd & 4rh bay, there is a firewall (with single entry door providing access to the rest of the building). The building has (1) Reznor gas-fired ceiling heater (that does not work). The tenant has a portable heater (not included in the sale). The tenant, an automotive service company, is paying $1,500 per mo. (month-to-month).
BUILDING #2: This building. a metal building with standing seam metal roof, is 6,000 sq. ft. (+/-) and is VACANT. It has (12) bays (front & rear). There are (12) overhead doors; with (6) each of the front (south side) & back (north side).
BUILDING #3: This small building. a metal building with standing seam metal roof, is 160 sq. ft. (+/-) and is rented at $250.00 per mo. (month-to-month).
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Tract 2 - Parcel Number 29-0004415.0000
10051 Delaware Ave., Marysville, Ohio
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TRACT #2-Parcel #: 29-0004415.000 This tract is a 1.07 acre (+/-) parcel with (1) building as further described below:
The building (built in 1983), is a metal building with standing seam metal roof, is 10,400 sq. ft. (+/-); including the 20’ x 40’ extension on the east side of the building (added 1993). There’s some 2,000 (+/-) sq. ft. of office space. The office has (2) restrooms, (2) gas forced air furnaces; but, (1) does not work. There is also central air conditioning.
The warehouse portion, some 8,400 sq. ft. (+/-) has (2) recessed docks on the front of the building (north end) with 10’ overhead doors). On the back of the building (south end), there is (1) 12’ overhead door. There are (4) Reznor gas fired ceiling heater & central air conditioning (?) On the front & north side of the building, there is approximately 4,500 sq. ft. of cement paved parking that will accommodate (15) or so vehicles. NOTE: There are some issues with the roof (west side near the center). The tenant is currently paying $3,500 per month and plans to vacate by the end of March.
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SUMMARY OF TERMS AND CONDITIONS
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A) The real estate sells ‘AS IS.’
B) The property sells with a $750,000 RESERVE (or minimum bid).
C) The successful bidder, if attending live, will pay the deposit of 10% of the bid price in the form of a personal, company or bank check. The successful bidder, if online, will be contacted at the conclusion of the auction for arrangements to obtain electronic signature/s and tendering of the 10% earnest money deposit by wire transfer or ACH.
D) Seller will pay for title insurance, preparation of deed, county conveyance fee & proration of real estate taxes.
E) There is a 10.0% Buyer’s Premium charged to the Buyer & collected at closing.
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WHAT IS A MULTI-PARCEL AUCTION?
This sale will be conducted as a Multi – Parcel Auction with 5 tracts selling individually or in any combination.
After the parcels are offered on an individual basis, the auctioneer will entertain subsequent rounds of bidding whereby buyers are permitted to combine the parcels of their choosing at a higher bid value. Buyers can place bids on the individual parcels or the combination at any time until the auctioneer closes the bidding. The real estate will sell in the manner that produces the highest bid price.
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BEING MARKETED & AUCTIONED BY:
AO Real Estate, Realtors® & Auction Ohio
7461 Worthington Galena Road
Worthington, OH 43085
Chris Davis, Auctioneer/Realtor®
AO Real Estate, Realtors® & Auction Ohio
Cell: (614) 570-2500
chris@auctionohio.com
Auctioneer License # 57198537999
Real Estate License # SALM.0000323631
Brian Davis, Auctioneer/Realtor®
(614) 499-3340, cell
Brian@auctionohio.com
Auctioneer License # 2007000097
Real Estate License # 2013000654
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