The Minimum Bid is $20,000.00 (2024)

In the heart of Washington Court House, these retail spaces and upper-level apartments presents a prime opp for a business. As a main thoroughfare, there is a steady stream of pedestrians and passing clientele. This property offers 2 separate retail spaces. At 145 (Blue Front), it is the 1st floor retail space and a vacant 2nd floor that needs reconfigured to gain easy access; at 147 (Yellow Front) it is the 1st floor retail space. Since the retail stores are currently vacant and needing repair you can design the interior layout to best suit your needs. The additional parcels that come with this space include a small office with bathroom and basem*nt access (111 S Fayette) and three (3) large, 2 bedroom, 1 bath apartments.

NOTE: No repairs shall be performed until the Building Inspector is notified and a listing of the repairs necessary to correct the violation is obtained and a building permit is issued. Once a building permit is issued, all repairs must be completed within 60 days.

Please contact Rod Bryant to start your due diligence - Building & Zoning Department - Title: Building and Zoning Inspector - Phone: 740-636-2353

AUCTION TERMS & CONDITIONS

1. The property is sold with a $20,000 reserve (minimum bid).

2. See the Acknowledgement of Terms & Conditions document. Must be signed before bidding.

3. The real estate sells in 'AS IS' condition. The Seller is not making any repairs or giving any concessions – No Contingencies.

4. The sale is not contingent upon a satisfactory inspection.

5. The sale is not contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the appraisal gap, if any.

6. The successful bidder will sign and return within 24 hours the purchase contract and other applicable documents electronically following the close of the auction.

7. The successful bidder/buyer will tender a $10,000 deposit (earnest money) by electronic transfer.

8. Buyer to proceed to close within (30) days of the auction.

9. The seller will pay for owner’s title insurance, preparation of deed, county conveyance fee and proration of real estate taxes.

10. Buyer acknowledges receipt and review of information regarding the city code violation.

11. There is a 10% (TEN) Buyer’s Premium added to the final offer to determine the final purchase price.

12. Please see the Frequently Asked Questions and Advantages of Competitive Bids for more details.

Auction Ohio Real Estate

7461 Worthington Galena Road

Worthington, OH 43085

ANY QUESTION, CONTACT:

Ray Dailey, Realtor®

(614) 325-0064

ray@auctionohio.com