REAL ESTATE AUCTION

December 7, 2012 12:30 PM ESTLENDER APPROVED ABSOLUTE AUCTION

The Seller has accepted a contract prior to the auction.
THIS AUCTION HAS BEEN CANCELLED
Back up offers will be submitted to seller for consideration.

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December 7, 2012 12:30 PM EST
224-226 S. Market St.
Troy, OH 45373

LENDER APPROVED ABSOLUTE AUCTION
COMMERCIAL REAL ESTATE

The Seller has accepted a contract prior to the auction.
THIS AUCTION HAS BEEN CANCELLED
Back up offers will be submitted to seller for consideration.

Troy, OH is the County Seat of Miami County. It is located approximately 20 miles north of Dayton. Major area employers are Upper Valley Medical Center, MDDA Panasonic, & Hobart Corp. to name a few.

This property is much larger than it appears encompassing 5 levels with 14,327sf including an attached apartment. In addition, there is 6,322sf of basement area357sf of garage area, and 705sf of enclosed porch all on a 0.41 acre lot. The property was originally constructed in 1928, renovated in 1982, and is of brick construction. A freight elevator services the various levels. Heating is electric and air conditioning is window. This property is currently leased.

The apartment is in excellent condition and contains 3 bedrooms and 2 bathrooms plus loft areas. It was used by the upper management when they travelled to the area on business.

The property is zoned B-3, Central Business District and could be used for retail, churches, schools, restaurants, hotels, and much more. Current annual net real estate taxes are $13,297.50 based on a total assessed value of $500,000. PID # D08004860 & D08004640.


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