Court Appointed Receiver Sale. 1419 Elm Street offers investors a rare chance to acquire a redevelopment project in the heart of Cincinnati’s Over-the-Rhine (OTR) neighborhood—one of the city’s most desirable and fastest-growing areas. Located directly along the Cincinnati Streetcar route and just steps from Washington Park and Music Hall, this asset benefits from unmatched foot traffic, visibility, and long-term upside. The property offers a strategic redevelopment opportunity with approved historic tax credits in place, reducing future renovation costs and increasing investment returns.
AUCTION DATES / TIMES
Auction Starts: Bidding is Open
Auction Ends: July 10, 2025 @ 2:00pm ET
Online bidding only
Prospective bidders must execute the linked purchase and sale agreement in its current form and supply proof of financial capability, prior to being granted bidding privileges. ("PSA - 1419 Elm St., linked below")
SALE TERMS
A 10% (ten percent) Buyer's Premium will be added to the highest acceptable bid to determine the final purchase price.
Winning bidder must wire a $20,000 deposit to escrow holder within 24 hours of auction end.
Property is sold AS-IS, WHERE-IS.
Property will be sold free and clear of all liens.
Property taxes will be prorated and paid to the day of closing.
Financing contingencies are not permitted.
Inspection contingencies are not permitted.
Subject to final court approval.
Receiver may, in its sole discretion, accept or reject any bid or cancel this sale.
Please contact kurt@prodigyprop.com to schedule a tour of the property.
Photos, marketing comments, and due diligence items are provided for guidance purposes only. All information provided is believed to be true, but cannot be guaranteed or warranted. It is up to the bidder to verify due diligence reports and any / all code violations prior to bidding, to the extent any exist. BY BIDDING ON THIS PROPERTY, THE BIDDER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.