ONLINE ONLY REAL ESTATE AUCTION of 325 Carr Drive, Brookville, Ohio 45309 Ends: Tuesday, April 23rd @ 2:00pm. NOTE: $900,000 represents the opening bid and does not constitute an ask price as this property is selling at online Auction subject to seller confirmation at the conclusion of bidding. Tax Appraised Value $1,323,720 ~ Bid Your Price! PROPERTY DESCRIPTION:61,000+/- SF Industrial Building (49,400+/- SF Climate-controlled Warehouse & 12,000+/- SF Multi-Use Office) on 4.96+/- acres. Building is fully sprinklered & boasts 3-phase electric/1,600 amps; bus duct; air lines; welding areas; cranes; (6) overhead doors and ample parking. Property is ideally located with excellent arterial access to I-70, 15 miles from Dayton International Airport, 16 miles from Rail Access & 30 miles from Wright Patterson Air Force Base. Water Incident: In 2022 there was a significant water incident originated from fire suspension line in the office area. Insurance contractors have since removed affected drywall, dried impacted area, treated for mold and installed new drywall. Fire suppression system has been repaired and now functions properly. INSPECTIONS:March 30 & April 3 ~ 11am to 12pm; April 5 ~ 4:30pm to 6:30pm; April 6, 13 & 20 ~ 10:30am to 12:30pm. TERMS:All bidding will be Online-Only. Property sells As-Is with no contingencies for financing, inspections or otherwise subject to seller confirmation at the conclusion of bidding. 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 following auction end. Close on or before June 7, 2024 through M & M Title Company. * ONLINE BIDDING NOTES: Bid Increment:Bidding increment for this auction is $2,500. Max Bid:When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $2,500 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. Realtor Participation:Contact Auctioneer for terms & requirements. Disclaimer & Legal Disclosure: Information contained herein was obtained from sources deemed reliable. However, neither Auction Firm, Auctioneers, nor their agents will be responsible for any errors or omissions regarding information provided by same. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same. In all reserve auctions, Seller & Seller's agent's are permitted to place bids as provided for in the Ohio Revised Code & the Uniform Commercial Code. This right is negated in the case of an absolute auction. All auctions are considered with reserve unless specifically presented as absolute.
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