Online Auction of Church BLDG - Dayton, Ohio
Online-Only Real Estate Auction of 1541 S. Smithville Road, Dayton Ohio 45410 (Former Memorial Presbyterian Church) Ends Tuesday, February 22nd @ 2:30pm ~ 22,875 SF on 1.71 Acres ~ Minimum Bid ONLY $250,000. Buy-Now $600,000. PROPERTY DESCRIPTION:22,875+/- SF Church with construction phases in 1948, 1958 and 1972 on 5 parcels totaling 1.71+/- acres. Building boasts a beautiful round sanctuary with vaulted dome ceiling; chapel; multi-purpose room with stage and adjacent kitchen area; numerous offices; classrooms and storage. Building has been well maintained and could be re-opened as a church with minimal work. Property also boasts great potential as a Community Center. Redevelopment of the 1.71 acre site could also provide a fruitful venture. Location provides convenient arterial access via I-35 to Interstates I-75 and I-675 close to all amenities including several universities and Wright Patterson Air Force Base. TERMS:All bidding will be Online-Only. Property sells As-Is with no contingencies for financing, inspections or otherwise subject to minimum bid of $250,000. All desired inspections should be completed prior to auction end. A 10% Buyer's Premium will be added to winning bid to establish final contract selling price. Short tax proration. Buyer pays all closing costs. DEPOSIT AND CLOSING:Successful bidder will be required to deposit 10% of the total contract price by end of business on day after auction end. Close on or before March 29, 2022 through M & M Title Company.BUY NOW TERMS:Sale shall be subject to all terms of auction as outlined above at the Buy-Now Bid price of $600,000,000. Pre-auction contract must be completed with required deposit in place no less than 48 hours prior to auction end time.
* ONLINE BIDDING NOTES: Bid Increment:online bidding increment for this auction is $250. Max Bid:When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $250 increments up to your maximum. You will be notified by email if your maximum is out-bid by another bidder. Bid Extensions:If a bid is placed in the last 5 minutes before the scheduled auction end time, bidding will extend for an additional 5 minutes. Bid extensions will continue until a 5 minute period of time elapses after the stated auction end time with no advance in the bidding.

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