Sold for $303,050
1300 Jefferson Street, Greenfield OH 45123 (Highland County)
SELLS REGARDLESS OF PRICE
36,047±SF Retail Bldg. on 4.3± Acres
Selling Online Only
Wednesday, August 9 at 1:00 PM ET
Closing Deadline: September 11, 2017
Inspection: Friday, August 4 at 11:00 AM ET SHARP & Monday, August 7 at 12:00 PM ET SHARP
Sale Manager: Roger Turner, 877-462-7673, roger@pamelaroseauction.com or Jeb Howell 770-841-9924 or jeb@AMCbid.com
Property Description: Located to the south of Columbus and the east of Cincinnati in the southern portion of the state, this asset consists of a single-tenant retail building that was formerly owner-occupied by Pamida, Inc., a subsidiary of ShopKo Stores, Inc. Constructed in 2000 or 2001, the improvements measure 36,047± gross square feet and are situated on two tax lots totaling 4.3± Acres. Construction is block frame with a flat composition roof and painted block exterior. The interior is consistent with anchor/big box retail finish; asphalt tile & carpet floors, dropped ceilings with acoustic tiles, fluorescent lighting fixtures, painted gypsum wallboard, fire sprinklers, etc. The store entrance has automated glass doors in aluminum frames. The subject also has dock-high, metal roll-up doors and standard 7’ metal entry doors towards the rear of the building.
There are 136 marked parking spaces on the site, of which 4 are handicapped.
Per Highland County Property Records: Tax parcel 27-14-001-138.00 is 3.235± Acres with 2016 annual taxes of $19,396.14 and parcel 27-03-000-224.01 is 1.068± Acres with 2016 annual taxes of $205.80. Both parcels are zoned Commercial, allowing for a variety of uses.
A May 25, 2005 Phase 1 Environmental Site Assessment indicates no recognized environmental conditions (RECs) or historical RECs were identified in connection with the site.
Auction Conducted in Conjunction & Cooperation with:
Pamela Rose Auction Company, LLC, licensed OH broker
This auction features a grouped bid extension - please see details in terms below.
Terms: Bank Proof of Funds Required to Bid, 10% Buyer’s Premium added to winning bid to determine sale price, 10% Earnest Money Deposit, close by September 11, 2017. Auctioneer is not responsible for bidding errors caused by internet outages, bid platform failures, or power failures.
All of the properties sell individually as "lots" however they are all tied together by the auction clock. We will set a bid deadline for all of the assets. Once we get within 5 minutes of that bid deadline, any bid placed on Any of the assets will extend All of the assets another 5 minutes. This extension will continue until no bids are placed on any of the assets in a five-minute window.
This feature is in place partially to prevent "sniping" which can occur on online auctions with a hard deadline. It recreates the action of a "Live Auction". If your opponent bids in the waning seconds of the auction, you still get another chance to bid.
With that in mind, don't wait out the bid until the last second, as it can put you at risk for not getting your bid in before the 5-minute clock runs out.
