Ohio Foreclosures > Auctions > *** SEALED BID SALE, PLEASE SEE DESCRIPTION BELOW *** — 1571 W Galbraith Rd, Cincinnati, OH 45231 & 1520 Goodman Ave, Cincinnati, OH 45224

*** SEALED BID SALE, PLEASE SEE DESCRIPTION BELOW *** — 1571 W Galbraith Rd, Cincinnati, OH 45231 & 1520 Goodman Ave, Cincinnati, OH 45224

Auction ID :
#23752
Reserve :
Reserve price not met.
Location :
Posted On :
11th of September 2020 at 3:23 PM ET
Ending On :
13th of October 2020 at 5:00 PM ET
Watch List :
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Property Specifications
Year Built 1997
Annual Taxes Of Record
Lot Size 1.239 acres (per auditor)
Parcel ID 595-0004-0222-00 & 595-0004-0310-00
Defendant Richard J. Stall, Jr.
File No. N/A
Case No. A1901749
Appraisal Amount N/A
City Cincinnati
Square Feet (per auditor) 9,930
Showings & Availability Yes
Description

***** Note — this sale is not available for online bidding.  All offers should be submitted as detailed below. *****

***** SEALED BID SALE *****

***** MARKETING PURPOSES ONLY *****

 

Foreclosure Sale by Court-Appointed Receiver.  Prodigy Properties is pleased to present for sale this ~10,000 SF vacant, commercial building in North College Hill, a suburb of Cincinnati, OH.  Second parcel with only the parking lot is indeed included with this sale.

Building formerly anchored and occupied by Hollywood Video.  Other previous tenants included Game Crazy, CheckSmart, and General Automobile Insurance.  Subject property is directly off of the heavily-traveled Hamilton Avenue.  Contiguous to the former NCH Car Wash, which was sold earlier in 2020, torn down, and a brand new DaVita Dialysis is currently being developed there.  Sits in between a Burger King and Frisch’s Big Boy as well.  North Creek Apartments lies directly across the street.  Encompassed by other restaurants, retail, and commercial structures.  Less than 10 miles to Downtown Cincinnati.  Substantial investment opportunity by curing deferred maintenance and signing long-term tenants.  Built approximately 23 years ago.  Three spaces.  Sizable parking lot with ~24,000 SF of asphalt.  High-traffic area.  Pylon signage.  Three curb cuts.  Entry point from both Goodman Avenue and Galbraith Road.  Do not miss out on this unparalleled opportunity.

 

Offers are due no later than Tuesday, October 13, 2020 at 5pm ET.  Please submit all offers and inquiries to Daniel Lane at [email protected]  Please submit offers in standard LOI format, along with evidence of financial capability to support the offer.  Offers will be reviewed and considered as they are received, so please act accordingly.  Receiver may accept, reject, or counter any offer, at any time, for any reason, without notice.  Submit only your highest and best offer.

 

Information contained in ANY advertisement for this property is thought to be accurate, but is not guaranteed or warranted and should not be relied upon.  BY SUBMITTING AN OFFER ON THIS PROPERTY, THE POTENTIAL BUYER REPRESENTS IT HAS INDEPENDENTLY VERIFIED ALL INFORMATION AND MADE THE DECISION TO SUBMIT AN OFFER BASED UPON THEIR OWN INVESTIGATION.

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.
• Property is sold subject to court approval.
• All offers will be considered by Receiver.
• Receiver reserves the right to accept or reject any bid or offer, at any time prior to offer deadline, for any reason.
• Information contained in any advertisement is not guaranteed or warranted.
• Property will be sold free and clear of all liens.
• Property taxes will be pro-rated to the day of closing.

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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.