ONLINE REAL ESTATE AUCTION

Auction Ends: November 28, 2012 at 12:30 PM
3801 Miami Run
Cincinnati (Mariemont), OH 45227
Land Development Opportunity
3.95 Acres
Village of Mariemont

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Auction Ends: November 28, 2012 at 12:30 PM
3801 Miami Run
Cincinnati (Mariemont), OH 45227

Land Development Opportunity
3.95 Acres
Village of Mariemont

The property will sell to the highest bidder at or above a
minimum starting bid amount of

ONLY $30,000

    The property consists of 3.95 acres in the Village of Mariemont. The site is located on Miami Run at the western edge of the Mariemont Landing residential development. From 1924 to 1954 the property was used as a steam plant to provide heat for the homes within the City of Mariemont. The brick steam plant building is five stories high with a 4,399 sq. ft. footprint. The structure has been vacant since 1954 and is in poor condition.

    Currently the property has a split zoning. A portion of the property is zoned Residence “A” and a portion is zoned Industrial “A”. Previously members of the Mariemont Planning Commission and Architectural Review Board have indicated that the property could possibility be rezoned to Residence “C” and improved as a Planned Unit Development. The property is only about 250 ft. north of the scenic Little Miami River. The second and third floors of new construction on the property should offer wonderful views of the river.

    Possible uses for the property include renovation of the steam plant building to apartments or condominiums. Additional options after razing the steam plant building include:

  • Construct a single family residence and enjoy the tranquil seclusion offered by the 3.95 acres.
  • Dividing the property into two or three estate size single family parcels
  • Developing a townhouse community similar to the adjacent Mariemont Landing
  • A multifamily development of apartments or condominiums

    The Village of Mariemont is considered to be one of the most desirable neighborhoods in the Cincinnati area. The Village was named as a “Top 10 Great Neighborhood”, by the American Planning Association in 2008. Mariemont is included on the National Register of Historic Places and has also been declared a National Historic Landmark.

    This property may have the potential to be a real development jewel, consider the possibilities and bid your price.

    Hamilton County Parcel ID# 527-0010-0100-00

This property had been previously marketed for $240,000 +

INSPECTIONS: Auctioneer will be on site at the property on Tuesday Nov. 20th from 12:00 PM to 1:00 PM EST.

For More Information, please contact Mark Euton at 513-678-7347 or by e-mail at
mark@semplesells.com


3801 Miami Run Phase I Environmental Site Assessment

BROCHURE

PROPERTY INFORMATION PACKET