5824 Vine Street Cincinnati, Ohio 45216

FOR SALE BY COURT APPOINTED RECEIVER

VALUE-ADD INVESTMENT OPPORTUNITY

Online bidding only. Auction ends Thursday, September 28 @ 2PM

Court Appointed Receiver, Prodigy Properties, presents the opportunity to acquire 5824 Vine Street, a commercial property located in Elmwood Place, Ohio. Elmwood Place is a submarket of Cincinnati and is under 6 miles north of downtown Cincinnati. The property is located less than one mile from I-75, on the corner of Vine & Locust Streets.  According to public record the property was built in 1938, features 1,073 SF, and situated on 0.182 acres. The property is currently being used as an automotive repair facility.  

Property will be sold 100% AS-IS, 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.  A 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.

DO NOT TRESSPASS or approach employees or customers.  Property is available for tour on September 13, September 20, and September 27.  Tour registration is required.  Email Kurt at [email protected] with your name (agents name if applicable) and your preferred tour date. 

Only pre-approved bidders may bid.  To receive bidding privileges you must email the following items to [email protected]:

1)   Your ForeclosureAuctions.com username and associated email
2)   Signed Purchase and Sale Agreement –5824 Vine Street  (“View Here“)
3)   Proof of immediately available funds of at least $60,000

Licensed Ohio real estate agents seeking a commission MUST meet the associated requirements by properly registering themselves as the agent through the link within each individual auction their client will be bidding on before their client places any bids whatsoever – NO EXCEPTIONS.  The rest will be up to the buyer, as they will have to successfully register themselves as an individual or company within each individual auction they will be bidding on, and place their bid(s) on their own.

***** The agent does not place bids on behalf of the buyer *****

Photos, marketing comments, and due diligence items are provided for guidance purposes only.  All information provided is believed to be true, but is not guaranteed.  It is up to the bidder to verify due diligence reports and any / all code violations prior to bidding, to the extent any exist. 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 and reserve is $60,000.
• 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.
• 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, without notice.
• 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.
• Occupant’s personal property is not included in the sale, Real Estate only, some attached fixtures may or may not be included in the sale.
• 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.
• $5,000 earnest money deposit must be immediately wired to the title company and received by 3pm 9/29/23. 
• The terms of the sale are fully set forth in the Purchase and Sale Agreement and are not negotiable.