Absolute Auction of Dayton Area Commercial Real Estate

2 Income Producing Properties Sell Regardless of Price!

N. Main St. in Clayton (N. Dayton Area) 45415

Auction Date:  Wed Aug. 13 @ Noon

Preview Dates:  Wed Aug 6 from Noon-12:30pm and 1 Hour Prior to Auction

Directions:  I-75 to West on I-70 to South on SR 48 which is Main St. 

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8137 N Main St. Attractive 2-Story brick house zoned commercial and currently leased to a Real Estate Title Company at a rate of $1,350 per month. 1st floor consists of a reception area, 2 offices, conference room, kitchen/common area. Upstairs has finished space adequate to accommodate 2-3 offices/work spaces. Sale includes a 576-square-foot detached garage and additional storage shed. Basement provides ample space for storage and could house an additional office/workspace. Building is heated by gas. Roof is approximately 5 years old. Lot square footage is 26,136 sf, topographically flat and level. Current lease runs through March of 2010 and requires tenant to pay water, sanitary sewer, gas, electricity, telephone, trash disposal and maintenance and repair of any personal property maintained or used by tenant at the premises. Lease provides tenant (3) 1-year renewal options. 8141 N Main St. Modern designed office building boasts just under 7,700 sf of office space all on the ground level. Approximately 2,000 sf are currently leased to 2 separate tenants generating $2,375 per month in rental income. Structure was built in 1984 on the lot consisting of 33,541 sf. One unit, leased by a law office, includes a large reception area, conference room, 4 private offices and a kitchen area. The second occupied unit is a dental office and includes a smaller reception area, 3 patient rooms, 1 back office and a small lab area. This unit is situated on the west side of the building facing away from Main Street and is enhanced by glass doors overlooking an attractive natural setting. Common areas includes separate men’s and women’s public restroom facilities and have been well maintained. The roof was replaced in 2007. The building is serviced by 4 heat-pump units. The nearly 5,000sf of unoccupied space is highly adaptable and could house multiple tenants. This property boasts significant income potential! Auction Note: Seller is the Dayton Foundation. Both properties provide ample parking and high traffic visibility. Properties will be offered separately and together and will sell in the manner that brings the highest price. Basic Terms: Properties will be sold to the highest bidder regardless of price! No Contingencies including Financing, As Is, Close in 30 days, 10% Buyers Premium, 10% Down Day of Auction. All Buyers Must Bring a Cashiers Check in the Amount of $10,000 PER PROPERTY that they wish to bid on Made Payable to Ohio Real Estate Auctions in order to receive a Bidder's Number. The remaining portion of the 10% down payment may be given by personal check. Auctioneers: Barry Baker 937-581-3037 and Tim Lile 937-689-1846