THIS IS A COMPLETED SALE
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View current listings by this company
19012 Fairfield Commerical RE
Previous Page Listing ID#: 131885
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Auction Location |
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Fairfield, OH 45014 |
Auction Dates and Times |
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Bidding Starts: Wednesday May 8 Bidding Ends: Wednesday May 22 |
Auction Type |
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![Asset Realty Advisors, Inc Asset Realty Advisors, Inc](https://www.GoToAuction.com/img/logo/large/thumb_1518119650_ara_logo_small.png)
Company Information |
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Asset Realty Advisors, Inc Contact: Mark Euton Phone: 513-678-7347 Email: meuton@assetiqllc.com Website: assetrealtyadvisors.com GoToAuction.com ID#: 4297 View company information and listings |
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Listing Terms and Conditions |
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ASSET REALTY ADVISORS ONLINE AUCTION TERMS AND CONDITIONS
If you have questions or concerns regarding this auction, please contact Mark Euton, Broker/Auctioneer
Ph. 513-678-7347 or email: meuton@assetiqllc.com
Online Auction: The auction will be conducted as a timed ONLINE Auction. The auction will begin on May 8, at 2PM and end on May 22, 2019 at 2 PM. The property located at 4710 Dixie Highway, Fairfield, OH 45104, Butler County ID#A0700032000030 will sell to the highest bidder at or above $90,000. The property located at 102 Bacher Sq., Fairfield, OH 45104, Butler County ID#A0700032000031 will sell to the highest bidder at or above $60,000. A combination bid of $150,000 or more may be placed on both properties. The properties are zoned B1 Institutions & Office District by the city of Fairfield, OH. The seller does reserve the right to refuse a bid amount equal to or greater than the published reserve amount for one property if the bid for the second property is not equal to or greater than the reserve amount. You can participate in the bidding from your computer or mobile device by logging on and registering at www.AssetRealtyAdvisors.com. This auction is not contingent on or subject to the purchaser being able to obtain financing. Per the contract, 'time is of the essence'; the winning bidder should proceed to closing immediately upon being notified that their bid has been accepted. The closing must take place within 30 days of the date the online bidding ends. If the closing is delayed for any reason by the purchaser or other parties working on behalf of the purchaser including any lender the purchaser may be declared in breach of the contract, forfeit all deposits made, and could be additionally liable for any and all costs incurred by the seller and Asset Realty Advisors in a subsequent resale of the property. When you place a bid, you are acknowledging that you have read and agreed to the terms of sale in the Contract to Purchase at Online Auction.
Registration: All bidders must register with a valid credit card to participate in the auction.
Buyer Premium: A ten percent (10%) buyer premium will be added to the high bid amount to determine the full purchase amount to be paid by the purchaser. The full purchase price for the real estate is defined as the sum of the final bid amount acknowledged and accepted by the seller, plus the ten percent (10%) Buyer Premium amount which will be added to the high bid amount.
Example: High bid amount of $100,000 plus a ten percent buyer premium of $10,000 making the purchase price $110,000.
Contract: Contract Packages will be sent by e-mail to the successful high bidder at the conclusion of the auction. The contract package will include the Purchase Contract, Agency Disclosure and all other associated forms. The successful high bidder must execute (electronically or manually) and email, fax, or hand deliver the package to the office of Asset Realty Advisors within 24 hours of receipt.
Deposit: The successful high bidder must deliver an amount equal to 10% of the purchase price (inclusive of the buyer premium) to Asset Realty Advisors by wire transfer or a cashier's check within 24 hours of the auction conclusion. High Bidder should contact Cindy Chambers at 513.724.1133 for wiring instructions. Delivery of the cashier's check may be made between 9 AM & 4 PM to the offices of Asset Realty Advisors which are located at 1126 Old St. Rt. 74, Batavia, OH 45103.
Auction Administrative Fee: In the event a winning bidder fails to submit an executed Purchase Contract and other required forms included in the contract package and the earnest money deposit as provided in the Online Auction Terms & Conditions the bidder will be charged an administrative fee of $2,500.00 on the credit card provided at auction registration. All administrative fees are non refundable. Additional default remedies are reserved by Asset Realty Advisors and the Seller as provided in the Online Auction Terms & Conditions and the Purchase Contract.
Collection and Attorney Fees: In the event Asset Realty Advisors or the seller has to engage counsel or collection companies to assist in enforcing any part of the auction terms and conditions or collection of all or part of the down payment or full purchase amount from any bidder, Buyer, or other such party, Buyer or other such party shall be responsible and agrees to pay for all reasonable fees including without limitation attorney fees, collection costs, and all expenses incurred by Asset Realty Advisors or seller including without limitation costs and expenses relating to evaluating, analyzing, assessing, enforcing, preparing for and conducting litigation of any kind or nature, whether or not legal proceedings are commenced.
Property Inspections: All property inspections and other due diligence must be performed prior to bidding. The property is being sold in "as is,
where is condition, with caveat emptor/all faults."
Closings/Possession/Taxes: Closing shall take place on or before and no later than June 21, 2019. The closing shall take place at First Title Co. located at 4365 Harrison Ave., Cincinnati, OH 45211. If the buyer purchases one property, they will be responsible for the closing costs and title exam fee in the amount of $450. If a single buyer purchases both properties, the buyer's closing cost and title exam fee will be $700. The seller shall pay the costs to prepare the deed. First Title Co. shall prepare the closing statement for review and approval and conduct the closing. The real estate is selling free and clear of any and all liens. Buyer shall receive an insurable title at closing which is free and clear of all liens. The real estate taxes and any collected rents will be prorated to the date of the closing. The property will be conveyed by Warranty Deed. Possession will be given to the purchaser at closing subject to tenants' rights.
Agency: Asset Realty Advisors is acting as agent for the seller, not as buyer's agent. Asset Realty Advisors reserves the right to remove or cancel the bids and or bidding rights and privileges of any party, deemed not to be in the best interest of the seller. Asset Realty Advisors or sellers may cancel the auction at anytime at their sole discretion.
Disclaimer: All information regarding the property being sold provided by Asset Realty Advisors is believed to be correct. The information is being furnished to bidders for the bidder's convenience and it is the responsibility of the bidders to determine that information provided by Asset Realty Advisors is accurate and complete. Any reliance on the information provided by Asset Realty Advisors shall be solely at the recipient's risk. The property is being sold "AS IS" with any and all faults.
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Listing Information |
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These two properties are contiguous to each other and are twin structures with each building containing 7,458 sq. ft.
Bidders may place a bid on either of the two properties starting at the published reserve amount or place a combination bid on both properties starting at $150,000. The properties will be sold in the matter that generates the highest total bid amount(s).
4710 Dixie Highway will sell to the highest bidder at an amount equal to or greater than $90,000.*
Previously a bar/restaurant with commercial kitchen, including s/s sinks, hood system & walk in cooler. This building is suitable for a variety of commercial uses including multi-tenant. This parcel contains 1.27 acres and has frontage on heavily traveled Dixie Highway.
102 Bacher Square will sell to the highest bidder at an amount equal to or greater than $60,000.*
This building has several office suites and has previously been used as a day care center, retail & offices. This property is suitable for a variety of commercial uses including multi-tenant. The parcel is comprised of .69 acres. Access to this property is off of Symmes Rd. via Bacher Lane.
The properties are zoned B-1 Institutions & Office District by the City of Fairfield and are located within a designated "Opportunity Zone." For more information regarding the benefits of owning property in an "Opportunity Zone", please go to www.fairfield-city.org/893/opportunity-zones . 1 4710 Dixie Highway, Fairfield, OH 45014 Previously a bar/restaurant with commercial kitchen, including s/s sinks, hood system & walk in cooler. This building is suitable for a variety of commercial uses including multi-tenant. This parcel contains 1.27 acres and has frontage on heavily tr... 2 102 Bacher Square, Fairfield, OH 45014 This building has several office suites and has previously been used as a day care center, retail & offices. This property is suitable for a variety of commercial uses including multi-tenant. The parcel is comprised of .69 acres. Access to this pro... 3 4710 Dixie Highway & 102 Bacher Square Combination Lot |
Auction License: n/a |
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