***** SALE CANCELLED / CREDITOR PAID OFF ***** – 1175-1199 W Galbraith Rd, Cincinnati, OH 45231 & 8130 Daly Rd, Cincinnati, OH 45224

***** THIS SALE HAS BEEN CANCELLED DUE TO THE CREDITOR BEING PAID OFF *****

Court Appointed Receiver Sale.  Online bidding only.   Property will be sold free and clear of all liens and taxes will be pro-rated to day of closing.   Bidding concludes Tuesday, March 10, 2020 at 2pm ET.  Winning bidder must wire $10,000 deposit to Receiver no later than Wednesday, March 11, 2020 by 2pm ET.  Buyer’s Premium equal to 10% of the high bid will be added to the high bid to determine the final sale price.  Closing to take place within 31 days of Court’s approval.  Sold 100% as-is, where-is, with all faults.  Receiver makes no representations or warranties as to condition or details of the property.  Contact Daniel at [email protected] to set up a showing or if you have any questions.

This property, located in the center of Hamilton County, OH, plays host to a 12,000+ SF shopping center, a 2,000+ SF single-family home, two income-producing double-sided billboards, and a 24,000+ SF parking lot.  Shopping center is approximately one-third occupied and the 2 bed / 1 bath home is unoccupied.  Great location as it’s situated on the corner of a high-traffic, four-way signalized intersection, with a gas station and two other shopping centers possessing the other three corners.  Minutes away from Ronald Reagan Cross County HWY, with easy access from there to I-75 and US-27.  Upside potential exists by curing deferred maintenance, executing leases with existing tenants, leasing vacant units and home, and rent increases.  Zoned CC-A (Commercial Community – Auto) – see Zoning Details PDF below for further info.

Information contained in ANY advertisement for this property is not guaranteed or warranted and should not be relied upon.  BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS IT HAS INDEPENDENTLY VERIFIED ALL INFORMATION AND MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.  Winning bidder must wire $10,000 deposit to Receiver no later than Wednesday, March 11, 2020 by 2pm ET.

Key sale points to know:

• Property is sold 100% AS-IS, WHERE-IS, with all faults.
• Property is sold subject to any / all code violations and work orders.
• Property is sold subject to court approval.
• Receiver reserves the right to accept or reject any bid or offer, at any time prior to or subsequent to bidding conclusion, for any reason, without notice, in its sole discretion.
• Information contained in any advertisement is not guaranteed or warranted.
• No contingencies will be accepted, except the Receiver’s ability to convey insurable title.
• Property will be sold free and clear of all liens.
• Property taxes will be pro-rated to the day of closing.
• Cash-only sale, absolutely no financing contingencies.
• Absolutely no inspection contingencies.
• 10% Buyer’s Premium is added to the high acceptable bid to determine the final sale price.
• Prior to being approved to place a bid, a credit card number is required to be entered by the bidder.  The credit card number will be ran for a pre-authorization verification in the amount of $10,000.  There will not be a hold placed on the card and it will not show up as a charge / refund.  The credit card will only be charged if the high bidder defaults on the required $10,000 deposit.
• If requiring any inspection, due diligence, or financing contingencies, please do not bid.

Rent Roll With Billboards

Zoning Details