Absolute Real Estate Auction - 5.8± Acres, Buildings & 363,000 Bushel Grain Storage

Thursday, August 24 * 2pm - 13801 Fort Loramie-Swanders Road, Sidney, Ohio
5.8± Acres with Buildings and 363,000 bushels of grain storage. Excellent Agricultural complex with close proximity to I-75

Absolute Real Estate Auction

5.8± Acres, Buildings & 363,000 Bushel Grain Storage

Sells to the Highest Bidder Regardless of Price!

THURSDAY, AUGUST 24 · 2PM * AUCTION HELD ON-SITE

13801 Fort Loramie-Swanders Road, Sidney, Ohio * Shelby County, Franklin Township

Close Proximity to I-75
30 Mi. S. of Lima, Ohio
40 Mi. N. of Dayton, Ohio

Inspection/information
Thursday, July 20, 3-5PM
Meet a Wendt Group Representative.

Property Location & Directions: 13801 Fort Loramie-Swanders Road, Sidney, Ohio 45365. From I-75 near Sidney, take exit 94 onto CR-25A S.  Travel north on Sidney-Wapakoneta Road/Wapakoneta Avenue for 2.5 miles to Fort Loramie-Swanders Road.  Turn west (left) and the facility is a short distance on the north side.

5.8± acres with buildings and grain storage. This facility contains a 1,925 sq. ft. heated/air conditioned building which includes 3 offices, a restroom, and a retail area. The 10â??x60â?? in-ground truck scale with digital display is adjacent to the office building. There is also a 50â??x150â?? steel-framed, insulated, and heated building that has a concrete floor, overhead doors with openers, a dock area, and an office. This versatile building has been used for retail sales. In addition, there are (8) concrete upright silos and (1) overhead bin which have a total capacity of 363,000 bushels of grain storage. There is a large stone lot and an abundance of space. Investigate the many attributes this complex offers to the ag-community.






Property Photos

Terms & Conditions:

RESTRICTIVE COVENANTS: 

The Property shall not be used for:
  1. The sale, either retail or wholesale, of propane or agricultural products of any kind including, but not limited to, seeds, chemicals, or liquid or dry fertilizers;
  2. The production or sale, either retail or wholesale, of animal feed of any kind;
  3. The sale, either retail or wholesale, of any type of grain that is governed by the Ohio Department of Agriculture or any successor agency; or
  4. The storage of grain for a fee.
  5. Any grain storage improvements on the Property, now existing or built in the future, shall not be subdivided or developed into condominiums to be sold for grain storage.
PROCEDURE:  The property will be offered at oral auction.  
DOWN PAYMENT:  Down payments will be made on the day of the auction as follows: $2,500 down payment for each tract located in Botkins, Ohio; $10,000 down payment for the Waynesville, Ohio facility; and $10,000 down payment for the Sidney, Ohio facility. The down payment may be made in the form of cashierâ??s 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.
ABSOLUTE AUCTION:  The real estate is selling at absolute auction, without reserve, and will be sold to the high bidder, regardless of price. Successful bidder will be required to enter into purchase agreement at the auction site immediately following the close of the auction. 
EVIDENCE OF TITLE: The Seller will 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 will be at such buyerâ??s 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 â??AS ISâ?.
DEED:  Appropriate deed will be delivered at closing.
CLOSING:  Closing will take place on or before 45 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 perimeter survey will be completed only if necessary for the closing. The Seller will determine any need for a new survey and will order survey. The cost of the new survey, if necessary, will be split 50/50 between Buyer and Seller. The type of survey performed will be at Sellerâ??s option and sufficient for the closing.
EASEMENTS:  Sale of the property is subject to any and all easements of record.
AGENCY:  The Wendt Group 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 â??AS IS, WHERE ISâ? 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 Auctioneer reserves the right to preclude any person from bidding if there is any question as to the personâ??s 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.



SunriseOH REBrochure Click to Download
Swanders Phase I Enviro Click to Download
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