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North Dayton Commercial Real Estate Auction

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LIVE ONSITE REAL ESTATE AUCTION

(Online Pre-Bidding & Auction Day Simulcast Bidding Available)

4905 - 4915 N. Dixie Drive & 4521 Frederick Pike

Dayton, Ohio 45414

Saturday, September 7th @ 10:00am

6 Parcels ~ Offered in 3 Tracts & In Combination

Selling to Settle the Estate of Elbert Lee Hale 

Montgomery County Case #2024EST00359

Carolyn Prater - Executor    ~    Anthony R. Cicero - Attorney


TRACT 1: 4905 - 4907 N. Dixie Dr., Dayton, OH 45414 - 6,300+/- SF, multi-use commercial building on .7+/ acre lot. Includes 2 car garage plus warehouse with 3 overhead doors, loading dock, security lighting, private lot. High visibility on N Dixie, heavy traffic volume, lighted intersection. PID: E21 24118 0009; Taxes: $6,403.

TRACT 2: 4915 N. Dixie Dr., Dayton, OH 45414 - Two-story brick church building converted for commercial use. Main floor features reception area, office space, storage and kitchenette. 2nd floor is open and currently used for storage. Attached 2 car garage with overhead door. Basement gives additional storage and work area. Detached warehouse with over 4100sf all on .865+/ acre lot. PID: E21 24118 0011; Taxes: $10,860.

TRACT 3: 4521 Frederick Pike, Dayton, OH 45414 - 5,860+/- SF, multi-use commercial building on 4 parcels totaling 1.237+/ acres. Front and rear overhead doors. PID’s: E21 24118 0010 & R72117204 0021, 0022, 0023; Taxes: $5,265.

INSPECTIONS: August 20th, 27th & September 6th ~ 12:00pm to 2:00pm


* ONLINE BIDDING NOTES:

Bid Increment: Online bidding increment for this auction is $500.

Max Bid: When you place a bid, you can place a "Max Bid" and the automated bidding software will bid for you in $500 increments up to your maximum. You will be notified by email if your maximum is out-bid by another bidder.
Realtor Participation: Contact Auctioneer for terms & requirements. 

Tim Lile – Auctioneer
(937)689-1846
TimLileAuctioneer@gmail.com
Bid NOW @ www.OhioRealEstateAuctions.com

Disclaimer & Legal Disclosure:  Information contained herein was obtained from sources deemed reliable. However, neither Ohio Real Estate Auctions, LLC, Auctioneers, nor their agents will be responsible for any errors or omissions regarding information provided by same. Buyers should carefully verify all information and make their own decision as to the accuracy thereof before relying on same.  In all reserve auctions, Seller & Seller’s agent’s are permitted to place bids as provided for in the Ohio Revised Code & the Uniform Commercial Code. This right is negated in the case of an absolute auction. All auctions are considered with reserve unless specifically presented as absolute.

Lot Size: See Descriptions of each tract

Annual Taxes: $ See Descriptions of each tract


Property Map


LEAD AUCTIONEER

Tim Lile
Email Tim

W: 937-689-1846
F: 1(877)772-4217

AUCTIONEER


Ron Denney
Email Ron

W: 937-572-4468


Basic Terms:

6 Parcels will be offered in 3 Tracts, individually and in combination subject to Executor Confirmation AND The Elbert Lee Hale Estate’s ability to obtain release of federal liens AND Probate Court Approval. Properties selling As-is, with no contingencies for financing, inspection or otherwise. All desired inspections must be completed prior to Auction Day. Buyer(s) pay all closing costs. 10% Buyer's Premium will be added to winning bid(s) to establish final contract selling price(s). Short tax proration.

 

DEPOSIT AND CLOSING: 10% deposit at the conclusion of bidding OR by the end of business on Monday, September 9, 2024 if winning bidder(s) participate remotely via online bidding. Closing required within 30 days of the date that the Estate obtains release of federal liens AND Probate Court approval. In the event the Estate is unable to obtain said release and Probate Court approval prior to November 6, 2024, winning bidder(s) will be given the option to extend the closing date or request a refund of their deposit(s) and void the sale.

 

Deposit and Closing:

10% deposit at the conclusion of bidding OR by the end of business on Monday, September 9, 2024 if winning bidder(s) participate remotely via online bidding. Closing required within 30 days of the date that the Estate obtains release of federal liens AND Probate Court approval. In the event the Estate is unable to obtain said release and Probate Court approval prior to November 6, 2024, winning bidder(s) will be given the option to extend the closing date or request a refund of their deposit(s) and void the sale.

Realtor Participation:

See Realtor Registration Form in documents section of this listing for terms and requirements.

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