AUCTION IS OVER

TOTAL SOLD: $206,000

Tract(s): 1+3+4	@ $140,000
Tract(s): 2	@ $66,000

• REAL ESTATE AUCTION
• 1.110+/- Acres offered in 4 Tracts
• Large, Vacant, Commerical-Development, Shovel-Ready Lot
• Prime Location Near Downtown
• High Traffic Volume
• Easy Access from all 4 sides

OPEN HOUSE/INSPECTION DATES

Thursday, October 30, 10 AM-Noon
Meet a Schrader Representative at the property for more information.

PROPERTY LOCATION

301 N. Court St., Circleville, OH 43113 (Located between High St. and Water St.) From US-23 turn east on OH-56/Main Street and travel .3 mile to Court St. Turn north and travel 2 blocks to property on northwest corner of Court St. and High St.

AUCTION LOCATION

Circleville Fire Department, 586 N. Court Street, Circleville, OH 43113.
From US-23 turn east on OH-56/Main Street and travel .3 mile to Court Street. Turn north and travel .6 mile to Fire Department.

PROPERTY DESCRIPTION

Prime Location Near Downtown

High Traffic Volume

Easy access from all 4 sides

Zoning: Downtown Business

Each Tract is approximately 133 ft. x 91 ft.
(12,100+/- sq. ft.)
Consider the income potential that this large lot has to offer. Investigate the opportunities for investors and business owners alike, such as fast food service, restaurant, strip mall, office building, retail store, or apartment building.

This property was previously utilized as a service station/carwash. The fuel tanks have been removed and the property has been cleaned and inspected. (No Further Action letter and other environmental reports are available upon request.)

In the Schrader Method of Auction, you may bid on any tract, any combination of tracts, or on the entire property. Put together the combination that best fits your needs.

AREA MAP

TRACT MAP(S)

AREA MAP(S)

PROCEDURE: The property will be offered at oral auction in 4 individual tracts, any combination of tracts, or as a total 1.110+/- acre unit. There will be open bidding on all tracts and combinations during the auction as determined by the Auctioneer. Bids on tracts, tract combinations and the total property may compete.

DOWN PAYMENT: 10% down payment on the day of auction for individual tracts or combinations of tracts. The down payment may be made in the form of cashiers check, personal check, or corporate check. Your bidding is not conditional upon financing, so be sure you have arranged financing, if needed, and are capable of paying cash at closing.

ACCEPTANCE OF BID PRICES: Successful bidder(s) will be required to enter into purchase agreement at the auction site immediately following the close of the auction. All final bid prices are subject to the Sellers acceptance or rejection.

EVIDENCE OF TITLE: The Seller shall provide a preliminary opinion of title to be made available to prospective bidders for review prior to bidding. If any buyer elects to purchase title insurance, the cost thereof shall be at such buyers sole expense. Seller agrees to provide merchantable title to the property subject to matters of record, general conditions of title, and similar or related matters. All tracts sold AS IS.

DEED: Appropriate deed will be delivered at closing.

CLOSING: Closing shall take place 30 days after auction date, or as soon thereafter as applicable closing documents are completed.

REAL ESTATE TAXES: Real estate taxes will be pro-rated to the day of closing.

POSSESSION: Day of closing, immediately following the closing.

ACREAGE: All boundaries are approximate and have been estimated based on aerial sketches.

SURVEY: A new survey will be made where there is no existing legal description or where new boundaries are created by the tract divisions in this auction. Buyer(s) and seller will share survey expenses 50:50. Combination purchases will receive a perimeter survey only. Closing prices will not be adjusted to reflect any differences between advertised and surveyed acres. The type of survey performed shall be at sellers option and sufficient for the closing.

EASEMENTS: Sale of the property is subject to any and all easements of record.

AGENCY: Schrader Real Estate and Auction Company, Inc. and its representatives are exclusive agents of the Seller.

DISCLAIMER AND ABSENCE OF WARRANTIES: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Purchase Agreement. The property is being sold on an AS IS, WHERE IS basis, and no warranty or representation, either expressed or implied, concerning the property is made by the Seller or the Auction Company. All sketches and dimensions in the brochure are approximate. Each potential bidder is responsible for conducting his or her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is subject to verification by all parties relying on it. No liability for its accuracy, errors, or omissions is assumed by the Seller or the Auction Company. Conduct of the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and Selling Agents reserve the right to preclude any person from bidding if there is any question as to the persons credentials, fitness, etc. All decisions of the Auctioneer are final. ANY ANNOUNCEMENTS MADE THE DAY OF THE SALE TAKE PRECEDENCE OVER PRINTED MATERIAL OR ANY OTHER ORAL STATEMENTS MADE.

Auction Brochure

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