Absolute Nursing Home Online Only Auction

Nursing Home – Investment Opportunity

Auction Begins to Close Tuesday, January 28^th @ 5PM

**BIDDING AVAILABLE THROUGH RES.BID**

The abandoned facility at 430 S Maple St., Bainbridge, OH 45612, presents a unique investment opportunity at the end of a quiet street, encompassing two city lots. Although the property has been vacant for some time and requires repairs, it holds significant potential for redevelopment or repurposing. Built in 1963, this structure has a footprint of 8,254 sq ft, according to the Ross County Auditor’s website.

The spacious layout offers ample room for various uses, such as residential conversion, commercial enterprises, or community-focused projects. Its location at the end of the street ensures minimal traffic and a serene environment, ideal for transforming into a peaceful residential complex or a bustling community center.

Additionally, the property’s sizable lot provides plenty of outdoor space, which could be used for additional parking, recreational areas, or future expansion. With a strategic vision and the right renovations, this facility can be revived to serve the needs of the Bainbridge community or as a lucrative investment property.

Seize this opportunity to breathe new life into a well-located, sizeable facility, and capitalize on its potential to become a cornerstone of the neighborhood. Whether you're looking to develop residential units, launch a new business, or create a community hub, this property offers a blank canvas ready for your innovative ideas.

Taxes and Legal: Parcel #’s 230002507000 and 231112661000 consisting of 0.6 ac. Located in Ross County and village of Bainbridge, OH. Taxes are $7151.63 per year and will be prorated to the day of closing.

Open House: The property will be open for inspection on Thursday, January 16^th 5-6PM. For additional questions, please contact Jon Mast at 330-763-3883.

TERMS: We require a non-refundable down payment at the close of the auction of 10% of the purchase price with the balance to be paid in full at closing within 30–45 days.  There are no financing contingencies.  Any desired inspections must be completed before the auction. There is a 10% Buyer’s Premium in effect for this real estate auction.  10% of the highest bid will be calculated and added on to the high bid to determine the contracted selling price.  The buyer will be given immediate possession at closing.

Auction By Order Of

730 Maple ST, LLC

Joseph Mast, Auctioneer – Jon Mast, Auction Manager – Seth Andrews, Broker