Second Sale Date:
Monday, November 30th
More Information
Foreclosure Auction of a C-Store and Gas Station currently under the banner of Marathon but with no obligation to remain Marathon. (Currently Closed) Nice location just off of I-70 at the busy State Street exit. Newer C-Store built in 2006 with 3,600 SF. All current FF&E will transfer at no additional cost. Highway signage seen from I-70. 5 gas islands plus a kerosene island, drive thru window, 2 street level signs, corner location, block construction, 2 bathrooms, manager's office, large canopy, security cameras, large check out counters. Restaurant equipment looks very new and includes a small pizza oven, ice machine, stainless tables, stand up cooler, grill hood, grill, deep fryer, stove top, 3 booths, and more. Large coffee and drinks island, 15 door walk in cooler, retail racks, Rheem 90% furnace, Veeder-Root TLS-350 tank gauge. Aproximate sales when open were $90,000 per month inside sales and aprox. 15,000 gallons per month. Age of the tanks are not known but Ohio Department of Commerce have confirmed they are up to date and are fiberglass. Current owners have a D2 and D2X liquor license in safe keeping and that could possibly transfer to the new owner. Separate online bidding will be done to obtain the liquor licenses. Bidding for the liquor license starts at $2,000.
Lot Size: 3 total parcels measuring 160x120 aprox .48 Acres
Annual Taxes: $6,045
Plaintiff
The Huntington National Bank
Defendant Name
McMillen Enterprises LLC, et al
Attorney
Dennis J. Morrison
Viewing Dates
Call or text Auctioneer for private inspection. 937-581-3037.
Property Map
Lead Auctioneer
Barry Baker
Directions:
From the West, take I-70 to exit 153 which is Liberty St. to your first left which is Jackson. Property is located at the corner of Jackson and State. or
From the East, take I-70 to exit 153A to South on State Street to the property.
Basic Terms:
BEFORE YOU ARE APPROVED TO BID ON THIS PROPERTY, YOU MUST DEPOSIT $10,000 INTO OUR TRUST ACCOUNT. IF YOU ARE NOT THE SUCCESSFUL BIDDER, YOUR DEPOSIT WILL BE RETURNED WITHIN 24 HOURS.
HERE ARE THE WIRING INSTRUCTIONS:
Wire to: JPMorgan Chase Bank. New York, New York. ABA routing # 021000021. Credit to: Ohio Sheriff Sales, LLC. 1128 Pinnacle Club Dr. Grove City, Ohio 43123. Account Number: 888792061
*This is a Foreclosure Auction ordered by a County Common Pleas Judge. The foreclosure process clears all liens and encumbrances on the subject property.
*The property sells with a minimum opening bid of 2/3 of the appraised value.
*In the case of a tax-lien foreclosure, the opening bid is the aggregate of the tax certificate, interest, court costs and current tax proration.
*The required deposits are as follows:
$2,000 for properties appraised for $10,000 or less.
$5,000 for properties appraised between $10,000 and $200,000.
$10,000 for properties appraised over $200,000.
*If the property is being sold at a physical location, the buyer will immediately write a check for the required deposit. If there are no bids at an on-site auction there will be a second auction between 7-30 days later. The second auction will be offered regardless of price.
*If the property is being sold Online, the successful bidder must wire or directly deposit the required amount into the Chase Bank trust account for Ohio Sheriff Sales within 24 hours of the end of the auction. Credit cards may also be taken for the deposit along with a 3% processing fee.
*The real estate is sold As-Is with no contingencies. All inspections (if available) must be done prior to Auction.
*Close within 30 days of court confirmation.
*No contract is signed after the auction. A one page buyer information form is the only document that is required by the court. See http://www.ohiosheriffsales.com/download_forms for the form.
*A 10% buyer's premium will be added to the high bid to obtain the final selling price.
*Buyer pays all closing costs.
*Private Selling Officer deed or equivalent given at closing with no liens or back taxes.
*The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover.
Realtor Participation:
Realtor showings and cooperation are encouraged if the property is vacant and on lock box. For full compensation instructions, see http://www.ohiosheriffsales.com/realtors Please call Auctioneer to schedule all showings.