REAL ESTATE AUCTION

December 4, 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 4, 2012 12:30 PM EST
16710 Square Dr.
Marysville, OH 43040

LENDER APPROVED ABSOLUTE AUCTION
OFFICE/DISTRIBUTION FACILITY

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.

The subject property is an office/distribution facility located in Marysville, OH, the County Seat of Union County approximately 30 miles northwest of Columbus, OH. Square Dr. is in an industrial/office park visible from OH 33, the main artery into Columbus, OH from Marysville.

The building is a metal single story facility containing 53,464sf with 4,935sf mezzanine and was constructed in 2000. Clear Height varies from 18’-24’. The percent of office space is approximately 8%. It is situated on 3.00 acres and has 52 surface parking spaces. It is serviced by all city utilities including water, sewer, electric, and natural gas. This building is heated by gas forced air and radiant heaters. It is 100% air conditioned and has a wet sprinkler system throughout. Current power is 3 phase with 3,000 amp, 480/277V service. This property is currently rented on a month to month basis.

The property is zoned M2 – Traffic Oriented Commercial and can accommodate a wide variety of permitted uses included but limited to: auto repair/service, recreational facilities, newspaper printing, manufacturing/assembly, warehousing, and wholesale.
Annual property taxes are $24,470.00 based on an assessed value of $1,057,950. PID # 2900160101000.


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