Court Appointed Receiver Sale. Opportunity to acquire 1833 Sycamore St, a mixed-use building located in Mt. Auburn at the Five-Points Intersection, just seconds away from Christ Hospital and Over The Rhine. The 3,310 SF building underwent a $1,000,000+ complete renovation utilizing Ohio historic tax credits in 2022. The property features a turnkey retail/restaurant concept as well as immediate rental revenue from the existing AirBNB units which could be converted to longer-term rentals. The sale includes the real property, FF&E, a D1, D2, D3, D6 Ohio liquor permit, and a $233,541 Ohio Historic Tax Credit. The property also benefits from a CRA tax abatement through 2033.
The Receiver will only consider offers in excess of $800,000 and that do not require any finance or due diligence contingencies. Email offers utilizing the below linked LOI with buyers proof of funds to kurt@prodigyprop.com Offers are due by May 22, 2025 at 2pm.