COMMERCIAL REAL ESTATE AUCTION

September 17 2014 12:01 PM EST
9228 Centre Pointe Dr.
West Chester, OH 45069

ASIATIQUE BISTRO AND LOUNGE

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September 17 2014 12:01 PM EST
9228 Centre Pointe Dr.
West Chester, OH 45069

ASIATIQUE BISTRO AND LOUNGE

DON’T MISS YOUR UNBELIEVABLE OPPORTUNITY!

This property is located in the fast growing Union Center area of West Chester about 1 mile off I-75 and convenient to I-71 and I-275. The property was formerly used as a restaurant but could easily be converted to office use.

This property is zoned C-PUD (Commercial, Planned Unit Development) which is a zoning classification permitting virtually all retail/office uses with approval of the zoning officials, and is located in a TIF (Tax Increment Financing) district. The magnificent 8,678sf simulated limestone building was constructed in 2010 and sits on a 1.695 acre which is generally level and at street grade. The current building configuration has approximately 6,843sf of dining/lounge area and 1,835sf of food preparation/retention/storage area. It is on a corner lot (corner of Centre Pointe Dr. & Center Loop Dr.) with approximately 21,000sf of parking for approximately 70 vehicles. The property is not in the 100-500 year floodplain and can be found in Flood Zone X map. The entire building is sprinkled with a wet system and the HVACs are gas fired RTMU’s. The interior finish is upscale and contemporary w/ exposed ceilings and ductwork, sealed concrete floors, and drywall walls.

West Chester can be characterized as a region with a diverse business base and a dense commercial area situated on the NW side of Cincinnati. Numerous hotels are in the area to service the many corporations located there. As with all properties in the Union Centre area, the property is serviced by all public utilities. Semiannual taxes are currently only $18,824.00 and the property has an assessed value of $1,385,130. Butler County Auditor PID # M5620450000010 & M5620450000010T.

As unbelievable as it may seem, this terrific property is
SELLING TO THE HIGHEST BIDDER AT OR ABOVE $676,000.00
By order of the lender!

All the FF&E, which only had about 1 years use, will be sold on a separate auction after the sale of the property. Ownership has chosen 2 auctions instead of conducting both on the same day because of the versatility of this building. Please watch our website for details on the upcoming FF&E auction.


PROPERTY INFORMATION PACKET