513 North Main Street, Piqua, Ohio 45356

Redevelopment / investment opportunity in Piqua, Ohio, a city in Miami County located ~30 miles north of Downtown Dayton.  The subject property features an ~5,800 SF commercial building currently occupied and operating as an automobile machine shop.  The property is situated in the heart of Downtown Piqua on the heavily-traveled North Main Street, less than half of a mile off of  highway I-75.  Surrounded by other commercial properties in a high-traffic area.  Great upside potential.

Property will be sold free and clear of all liens, with property taxes prorated and paid off to the day of closing.  Receiver may, in its sole discretion, accept or reject any bid or offer for any reason, at any time, without notice.  No representations, warranties, or guarantees.  Bidding is scheduled to conclude on 3/8/2022 at 1PM ET.  A 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.  The high successful bidder must wire transfer a 10% deposit of the final purchase price by 3pm ET on Wenesday, March 9, 2022.

If the property is occupied at closing, it will be up to the buyer to have that occupant removed. Please do not disturb the occupants, if any.  Please do not trespass or attempt to access the property in any way.  Photos are provided for guidance purposes only.  All information provided is believed to be true, but cannot be guaranteed.  It is up to the bidder to verify any / all code violations prior to bidding, to the extent any exist.

The highest acceptable bidder will be required to execute the attached Agreement For Purchase and Sale and Escrow Instructions in its current form.

Purchase Agreement

DISCLAIMER AND WARNING:  This property is being sold as-is, where-is, without any warranties or representations by the Receiver.  The information contained in any advertisement is for informational purposes only and the Receiver makes no representations or warranties as to their truth or accuracy.  The information was compiled from a variety of sources, including the public record.  However, the Receiver has not independently verified any of the information and potential purchasers rely on it at their own risk.  All potential purchasers are advised to perform their own due diligence.  BY BIDDING ON THIS PROPERTY THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.

Key sale points:

• The opening bid & published reserve price are both $30,000.00.
• Property is sold 100% AS-IS, WHERE-IS, with all faults, to the extent any exist.
• Property is sold subject to any / all code violations, to the extent any exist.
• Property is sold subject to court approval.
• All bids are subject to Receiver’s confirmation.
• Receiver reserves the right to accept or reject any bid or offer, at any time prior to or subsequent to auction end, for any reason.
• 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 prorated and paid off to the day of closing.
• Absolutely no financing contingencies.
• Absolutely no inspection contingencies.
• 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.
• 10% deposit of the final purchase price must be wired to the title company by 3PM ET on Wednesday, March 9, 2022.
• The terms of the sale are fully set forth in the Agreement and are not negotiable.