REAL ESTATE & ASSET AUCTION
February 13, 2014 10:30 am EDTAll remaining assets of
February 13, 2014 10:30 am EDT
Smith And Schaefer, Inc.
3027-3035 Reading Rd.
Cincinnati (Uptown Area), OH 45206
SMITH AND SCHAEFER, INC.
REAL ESTATE –VEHICLES– BUSINESS ASSETS FORKLIFT – BENGALS SEAT LICENSE (COA)
AND/OR TWO RENTAL INCOMES
The Real Estate consists of two brick and block buildings on 5 parcels of land totaling +/- 0.74 acre near the intersection of Reading Rd & Martin Luther King Blvd. – about 1 mile from the new proposed MLK Interchange and very near the hospital district. There are about 30 off-street parking spaces for the two buildings.
- 3027 Reading Rd. – This building was constructed in 1956 and contains approximately 7,000sf with about 4,200sf in office and about 2,800sf in warehouse. Inside the building are 2 large Herman Miller Super Rooms which will stay with the building. They come complete with their own HVAC system. There is also a single drive in door into the warehouse space. The building is heated with a gas forced air furnace and rooftop A/C unit.
- 3035 Reading Rd. – This building was also constructed in 1956 and contains about 9,800sf of space divided into about 7,800sf office area and 2,000sf of warehouse. It is the main office building for the company. There is a single drive in door into the warehouse space. The property is heated/cooled by a rooftop gas fired HVAC system.
- All 5 parcels of land and both buildings will be offered as an entirety only. Although both buildings are suitable for use as they are, the main advantage of this property appears to be for future development, since they are located only about 1 mile from the new proposed interchange.
- The total property is zoned CC-A (Commercial Community) ) and provides for numerous uses including, but not limited to: public and semi-public uses, service businesses, meeting facilities, restaurants, parking facilities, instructional services, personal services, retail, vehicle repair, and many more. Please see our website for a more complete list under zoning.
- PID #’s – 1060001015900, 0910002003700, 1060001016000, 0910001013200, & 0910002017700. Current semiannual real estate taxes are $7,320.00 based on an Auditor assessed value of $471,270.00. There is a current TIF in place until year 2032.
- VEHICLES
- 2011 Toyota Rav4, V6 engine, auto transmission, 4WD, 94,000 miles, aftermarket back-up camera, VIN #JTMBK4DV6D017929
- 2011 Toyota Rav4, V6 engine, auto transmission, 4WD, 145,000 miles, VIN # 2T3BK4DV8BW048778
- 2009 Chevrolet Equinox LS, auto transmission, 105,000 miles VIN # 2CNDL13F696224890
- OFFICE FURNISHINGS
- Lg. amount of Herman Miller freestanding movable cubicles w/ files, desks, cabinets, etc.
- Conference table & chairs
- Break room furnishings
- Lateral file cabinets
- Blue print cabinets
- Storage cabinets
- Glass display cases
- National training room tables
- Office & desk chairs
- Bookcases
- Signed/numbered prints & watercolors
- BUSINESS MACHINES
- Dell desktop computers- All computers will have Office software on them and be in working condition.
- Dell laptop computers – All computers will have Office software on them and be in working condition.
- HP Design Jet 750C plotter
- Printers
- NEC Aspire telephone system w/ 128 ports & voice mail
- Swann Pro Series security system w/ 8 Pro 580 cameras
- MATERIAL HANDLING EQUIPMENT
- Nissan 50 propane forklift w/ 2 stage mast and side shifter
- Pallet Jacks
- Warehouse carts, Livengood carts, banding machine, drywall cart, & more
- Pallet racking
- Stock shelving
- Fireproof cabinets
- Commercial extension ladders
- CINCINNATI BENGALS 4 SEAT LICENSE (COA)
- Entitles purchaser to buy 4 season tickets to the Cincinnati Bengals. According to the Seller, these seats are in the lower level, 40 yard line area, and only about 20 rows from the field. COA # 112790, Zone A. COA renewal fee will be due immediately upon purchase and Seller will cooperate with purchaser on the transfer. A copy of the Charter Ownership Agreement (COA) is on our website for review.