Online Only Commercial Real Estate Auction – Min. Bid $139,000 – Prime Location.

524 Main Street
Toledo, OH 43605

ONLINE ONLY AUCTION END DATE
Friday, February 14th at 1pm
Preview & Registration: Online Only

OPEN HOUSE DATE
Saturday, February 8th from Noon-2pm

Prime location Main St. Downtown Toledo! High traffic area, previous thriving pizza restaurant. Selling turnkey with all equipment, pizza ovens, walk-in coolers, fixtures. Nice building with dining area, carryout, local customer base, outstanding location.Endless potential! Zoned for many commercial use types. Store front with large parking lot. Close proximity to New GlassCity Park, The Docks & Waterfront Businesses. 
Auction Type: Minimum Bid $139,000
Zoned: Commercial
County: Lucas
Acres: 0.10±
Square Footage: 2,371±
Parcel ID: 17-03027


Business Type: Restaurant
Parking: 11-30 Spaces
Ceiling Height: 11-15 Feet
Year Built: 1956
Foundation: Slab


6 Month Taxes: 337.46
Sewage: Sanitary
Fuel: Natural Gas
Water: Public

Auction Terms & Conditions 
Seller will accept an offer prior to auction. If offer is accepted prior to auction, the auction event will be cancelled as well as any preview/open house that occurs after the accepted offer. Auctioneer has the right to cancel, postpone or reschedule auction. Property information is deemed to be reliable, but cannot be guaranteed. Information should be verified by the buyers agent or the buyer. – Bidder Registration: All prospective bidders must register to bid. Terms: A $3,500 earnest money via wire transfer to Midland Title or cashiers check or personal check for EMD due within 24 hours of conclusion of the auction. Closing: Closing within 30 days of auction at Midland Title. Documents available: Bidder’s Information packets will be available on auction day. Requirements of successful bidder: 10% buyers premium will be added to the final bid to establish the final sales price. The successful high bidder will be required to sign a Real Estate Purchase Agreement immediately upon conclusion of the bidding. Title: Title will be supplied by seller at seller’s expense giving marketable title subject to restrictions of record. Taxes pro-rated per local method. Broker participation invited: Broker/Agent must register his client 48 hours prior to the auction. Call for complete registration forms & guidelines. Agency: Auctioneer and its agents are sellers agents. Disclaimer: Announcements made day of auction take precedence over printed materials. All information in this brochure was derived from sources believed to be correct but not guaranteed. All property dimensions are only approximations. Buyers shall rely entirely on their own judgment and inspections of property records. Any other terms and conditions will be announced day of auction and take precedence over printed materials.

Property is offered under the specific terms provided in the printed and electronic versions of the auction brochure. Any and all inspections are the responsibility of the buyer prior to auction. Buyer is responsible for reviewing auction listing prior to close of sale to inspect any changes, corrections, or additions to property information. Property is being sold as is. Announcements sale day take precedence. Immediately following the close of the auction, the successful bidder will be required to enter into a purchase agreement. Purchase Agreement will be emailed to address on file and contract must be returned via email or fax. Failure to execute and return contract with deposit will be considered in default. Bidding on the property is not contingent on financing, appraisal or any other contingencies. Karen Rose Auction, LLC is licensed auctioneers representing the seller(s) in this transaction. Karen Rose Auction, LLC reserves the right to deny registration.