|Parcel ID||260902.004 & 260902.005A|
|Defendant||CINCINNATI CAPITAL PARTNERS 436 LLC|
|Square Feet (per auditor)||5064|
|Showings & Availability||Yes|
FOR SALE BY COURT APPOINTED RECEIVER
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:
** 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:
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.