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***CALL FOR OFFERS*** 401 Front Street New Richmond, OH 45157

Auction ID :
Reserve :
Reserve price not met.
Location :
Posted On :
3rd of July 2023 at 8:24 AM ET
Ending On :
25th of July 2023 at 4:00 PM ET
Watch List :
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Property Specifications
Year Built 1900
Annual Taxes 3942.24
Lot Size 0.348
Parcel ID 260902.004 & 260902.005A
File No.
Case No. 2022CVE01087
Appraisal Amount
City New Richmond
Square Feet (per auditor) 5064
Showings & Availability Yes


CALL FOR OFFERS – Offers Due by July 25, 2023 @ 4PM

Court Appointed Receiver, Prodigy Properties, is pleased to present for sale 401 & 405 Front Street, a recently updated bar/restaurant. The property is located on the Ohio River in New Richmond, just off SR 52 and east of downtown Cincinnati.   This 5,000 SF former restaurant and bar opportunity features 2 full-service bars, four restrooms (two on each floor), a full service kitchen with hood, walk-in cooler, and multiple dining areas.  The 2nd floor space features an open floor plan with vaulted ceilings and hardwood floors with operational glass garage doors that, either open or closed, provide spectacular views of the outdoor entertainment space and the Ohio River.  The property is situated on .348 acres with approximately 115 feet of Ohio River frontage.  Outside features include over 10,000 SF of fenced in entertaining / dining space, a full-service Tiki Bar, a covered stage, and artificial turf.  The property is also abutting the New Richmond DORA (Designated Outdoor Refreshment Area) (“View Here”)

Property will be sold free and clear of all liens, with property taxes prorated to the day of closing.  Receiver may, in its sole discretion, accept or reject any offer for any reason, at any time, without notice.  No representations, warranties, or guarantees. 

Do not trespass.  Property is available for showings – APPOINTMENT REQUIRED.  Please contact Kurt at [email protected] to schedule a showing, or if you have representation, contact your agent to schedule a showing.  

Attend an Open House: Tuesday July 11 from 12-1 pm ET, or Monday July 17 from 10-11 am ET. Please email [email protected] to register. 

To submit an offer, follow the below steps:

  • Offers should be presented in a non-binding LOI format that includes the Buyer’s name, Agent’s name (if applicable) purchase price, and general offer terms.
  • Email the LOI to [email protected]

** The Receiver reserves the right to accept or reject any offer, at any time prior to the offer deadline, for any reason.

Photos, marketing comments, and due diligence items are provided for guidance purposes only.  Information contained in ANY advertisement for this property is not guaranteed or warranted and should not be relied upon. It is up to the buyer to verify due diligence reports and any / all code violations prior to making an offer, to the extent any exist.  BY OFFERING ON THIS PROPERTY, THE BUYER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO MAKE AN OFFER BASED UPON THEIR OWN INVESTIGATION.

Key sale points:

  • Call for Offers Sale: Offers are due by July 25, 2023 @ 4pm ET
  • Property is sold 100% AS-IS, WHERE-IS.
  • Property is to be sold subject to court approval
  • The Receiver may accept or reject any offer, at any time and without notice.
  • Information contained in any advertisement is believed accurate but not guaranteed.
  • Property will be sold free and clear of all liens.
  • Property taxes will be prorated to the day of closing.
  • Restaurant equipment, furniture, personal property or leased equipment is not included in the sale.

DISCLAIMER AND WARNING: Property will be 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.

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In order to bid on this property you must pre-authorize a deposit of $ on your credit card. NO hold will be placed on your credit card and your credit card will NOT be charged, UNLESS you are the high bidder and do not pay the required deposit within 24 hours of the advertised auction end. A $200 administrative fee will be added to any deposit that is charged to a credit card.