614-846-3302
245 4th St, Portsmouth, OH for Sale
Specialty - FOR SALE
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245 4th St
Portsmouth, OH 45662


OVERVIEW

The property will sell with a minimum opening bid of $80,000 (based on 2/3 of the $120,000 appraisal). Within (48) hours of the close of the auction, the successful Bidder must make a nonrefundable deposit in the amount of 10% of the final bid price; payable by cashier’s check, certified check or wire transfer to the Auction Ohio Real Estate Trust Account. The successful Bidder shall pay the balance of the purchase price, plus conveyance fee, recording fees, title insurance and an additional 7.0% Buyer’s Premium at the closing. The successful Bidder shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover. The property consists of 3 parcels totaling 3.599 acres (+/-) and is situated in the flood plain (and, in part, is bounded by the flood wall). There's a 27' x 50' block, 2 story garage with 3 overhead doors (circa 1900). an 18' x 24' block, 2 story building & an 18' x 21' frame 2 story building (built 2016 & 2022). The property is currently occupied by the owners with no right of possession after closing. The Buyer is responsible for any eviction process and costs, if necessary, to obtain possession.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1900

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

3.65 AC

LAND SF

158,957 SF

ZONING

-

APN/PARCEL ID

05-1148.000,29-0962.000,29-0963.000

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Chris DavisAuction OhioMore Info
614-846-3302

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Chris DavisAuction OhioMore Info
614-846-3302

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