Auction - Excellent Facility Selling Absolute - Regardless of Price

Tuesday, June 14th * 10AM - 12493 SR 701, Kenton, Ohio 43326
5.54± Acres * Excellent location with frontage along SR 701 * Great traffic flow * Large, well-lit, stone lot offering an abundance of off-road parking * Adjacent to railway * Large concrete containment area * Well and private septic system.

Property Location/Auction Location: 12493 SR 701, Kenton, Ohio 43326.
Hardin County, Blanchard Township
Directions:  From Kenton, travel on OH-68 north for 6 miles to OH-701 and turn west.  Trupointe is less than 1 mile west of the intersection of OH-68 & OH-701.

Inspection Dates:

Monday, May 16, 2-4 PM
Tuesday, June 7, 2-4 PM
Meet a Wendt Group Representative at the Property

Updated information concerning the East property line.
The corners of the property have been marked by Choice One Engineering. Please review the Cad drawing which shows an adjustment to the boundary line along the rail road tracks from the information in the brochure.


EXCELLENT OPPORTUNITY!
Consider the endless possibilities that these well-kept, updated facilities have to offer.  Investigate the opportunities for investors, farmers, trucking companies, and maintenance/repair shops (to name a few) or for that ideal location for a new venture or expansion.  Both facilities will sell absolute to the highest bidders regardless of price.  Have your financing arranged and bid your price on these unique properties.

5.54± Acres. Excellent location with frontage along SR 701.  Great traffic flow.  Large, well-lit, stone lot offering an abundance of off-road parking.  Adjacent to railway.  Large concrete containment area.  (NOTE:  The (4) Steel Storage Tanks are selling separately after the real estate.)  4â? well and private septic system.

Building A:  This 42â??x58â?? building is attached to the west end of Building B.  It includes a small office area, concrete floor, (2) 15â??x17â?? sliders, walk-in door, and 220 amp single-phase & 3-phase electric.

Building B:  This building is 55â??x95â?? with a 16â??x36â?? lean-to off of the east side.  It has a concrete floor, (3) 14â??x14â?? sliders, (3) walk-in doors, (7) 13â??x45â?? individual storage bays, and 220 amp single-phase electric.

Building C:  This 34â??x98â?? building includes a 34â??x45â?? shop area with overhead storage, concrete floor, Reznor natural-gas heating unit, 14â??x15â?? overhead door, and walk-in door.  The remaining 34â??x53â?? area has a concrete floor, (3) 10.5â??x14â?? overhead doors, 9â?? slider, (2) walk-in doors, and 220 amp single-phase electric.

Building D:  This building is a 26â??x50â??, 3-sided pole shed with 11.5â?? eves and gravel floor.

Building E:  This office building with nearly 1,100 sq. ft. and a full, poured-wall basement, has a natural gas air-forced furnace and central air.  This building offers a very nice floor plan which includes 10â??x10â??, 15â??x8â??, and 12â??x7â?? offices, a 12â??x6â?? file room, a large lobby area, and a restroom.  In addition, the 9.5â??x60â?? in-ground truck scale with a 120,000 lb. capacity is located immediately in front of this building complete with a UMC 465 digital scale display.

Annual Taxes:  $5,200 / Currently zoned A-1

Also selling after Real Estate

(4) Steel Storage Tanks
(2) 30,000-gallon vertical tanks
(1) 30,000-gallon horizontal tank (concrete cradle NOT included)
(1) 10,000 gallon vertical tank







Commercial Buildings on 5.54± Acres

Selling Absolute - Regardless of Price


Building A

This 42â??x58â?? building is attached to the west end of Building B. It includes a small office area, concrete floor, (2) 15â??x17â?? sliders, walk-in door, and 220 amp single-phase & 3-phase electric.


Building B

This building is 55â??x95â?? with a 16â??x36â?? lean-to off of the east side. It has a concrete floor, (3) 14â??x14â?? sliders, (3) walk-in doors, (7) 13â??x45â?? individual storage bays, and 220 amp single-phase electric.


Building C

This 34â??x98â?? building includes a 34â??x45â?? shop area with overhead storage, concrete floor, Reznor natural-gas heating unit, 14â??x15â?? overhead door, and walk-in door. The remaining 34â??x53â?? area has a concrete floor, (3) 10.5â??x14â?? overhead doors, 9â?? slider, (2) walk-in doors, and 220 amp single-phase electric.


Building D

This building is a 26â??x50â??, 3-sided pole shed with 11.5â?? eves and gravel floor.


Building E

This office building with nearly 1,100 sq. ft. and a full, poured-wall basement, has a natural gas air-forced furnace and central air. This building offers a very nice floor plan which includes 10â??x10â??, 15â??x8â??, and 12â??x7â?? offices, a 12â??x6â?? file room, a large lobby area, and a restroom. In addition, the 9.5â??x60â?? in-ground truck scale with a 120,000 lb. capacity is located immediately in front of this building complete with a UMC 465 digital scale display.


Also Selling After Real Estate

(4) Steel Storage Tanks - (2) 30,000-gallon vertical tanks; (1) 30,000-gallon horizontal tank (concrete cradle NOT included); (1) 10,000 gallon vertical tank

Terms & Conditions:

PROCEDURE:  The properties will be offered at oral auction.  
DOWN PAYMENT:  10% down payment on the day of auction. The down payment(s) 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(s), regardless of price. Successful bidder(s) will be required to enter into purchase agreement at the auction sites immediately following the close of each auction. 
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 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 shall take place 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 shall determine any need for a new survey and shall order survey. The cost of the new survey, if necessary, shall be split 50/50 between Buyer and Seller. The type of survey performed shall 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.

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