Only Only Real Estate Auction – Minimum Bid $79,900 – Prime Location – Toledo

 1001 Starr Avenue
Toledo, OH 43605

 Monday, March 25th at 6pm
Preview & Registration: Online Only

 Sunday, March 10th & Tuesday, March 19th from 3-5pm

 Property formerly known as Jersey Sports Cafe! One of the busiest intersections in East Toledo! Selling w/ kitchen and bar equipment! New sidewalks & large parking lot in back w/ electric lighting! Building outside recently restored! New eavestroughs! Newer back roof, furnaces, & a/c! Newer electrical &plumbing on 1st floor! 16 rooms on 2nd floor that were rented in the past. 2nd floor has fire damage and will need renovation. 

Auction Type: Minimum Bid $79,900
County: Lucas
Acres: 0.11+/-
Square Footage: 12,408
Parcel ID: 09-02411, 09-02404 & 09-02407
SOLD WITH 345 & 347 Broadway

Zoning: 10-CS
Year Built: 1930
Foundation: Basement
Bathrooms: 4
Parking: 11-30 Spaces – Parking Lot

6 Month Taxes: $1,814.75
Heating: Gas
Sewage: Sanitary
Fuel: Natural Gas
Water: Public

Traffic Count – Annual Average Daily Traffic

2023 = 8,031 • 2022 = 7,905 • 2021 = 7,905 • 2020 = 7,543 • 2019 = 8,146

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 $5,000 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.