47-49 E. Center Street

Description:

Online-Only Commercial Real Estate Auction of 47 - 49 E. Center Street, Farmersville, Ohio 45325 Ends: Tuesday, January 13th@ 2:00pm. Appraised Value $340,000 ~ Minimum Bid ONLY $50,000! NOTE: $50,000 represents the minimum bid and does not constitute an ask price as this property is selling at online Auction. PROPERTY DESCRIPTION:2-unit commercial building. 47 is a 3,870+/-SF restaurant space currently operating as the Farmersville Cafe'. Tenant has a month-to-month lease paying $800 and all utilities. Tenant desires to remain in place. NOTE: Restaurant equipment is owned by tenant and will not convey. 49 is a 2,575+/-SF vacant commercial space formally used a medical clinic. MONTGOMERY COUNTY PID:F23 00106 0017. Annual Taxes: $4,882. INSPECTION:January 10th from 11:00am to 12:00pm. Stop in the cafe' for breakfast or lunch to view. They have great food and service! TERMS:All bidding will be Online-Only. Property sells as-is with no contingencies for financing, inspections or otherwise subject to minimum bid of ONLY $50,000. 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 the 10% buyer premium amount by end of business on day after auction end. Close on or before February 12, 2026 through M & M Title Company. 
 *ONLINE BIDDING NOTES: Bid Increment:$500. Max Bid:Place your 'max bid' in the bid box, click the bid button and select whether you want to raise to your maximum or bid the next increment allowing the system to bid on your behalf up to your max bid.You will be notified by email and or text if your maximum is exceeded by another bidder if you enable texts and emails. Bid Extensions:If a bid is placed in the last 3 minutes before the scheduled auction end time, bidding will extend back out to 3 minutes. Bid extensions will continue until a 3-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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Listing ID: 11620270