Second Sale Date:
Friday, August 15th @
More Information
Prime Commercial Property- Rodeway Inn
185 Byers Rd, Miamisburg, OH 45342
Bidding starts at $620,000
Positioned just off I-75 in one of Miamisburg’s busiest commercial zones, 185 Byers Rd offers an incredible opportunity to own a multi-building commercial property for hospitality or redevelopment potential. This highly visible site includes four single-story buildings, currently featuring 85 guest rooms, and is zoned HS-1 (highway service) with land use designation C – Retail & Commercial District.
Whether you’re an investor seeking income potential, a hospitality operator expanding in the Dayton market, or a developer looking to reimagine a well-located parcel—this property is brimming with potential and sells to the highest bidder!
Property Highlights:
• Zoned HS-1 / Land Use C – Retail & Commercial District
• 4 Single-Story Buildings
• 73 Guest Rooms – ideal for hospitality or creative reuse
• Strategic Location – Seconds from I-75, near Dayton Mall, restaurants, and national retailers
• Large Parking Area – Accommodates guests, staff, or future commercial use
• High-Traffic Corridor – Excellent signage opportunity and customer visibility
This corridor continues to see strong commercial development, making 185 Byers Rd an ideal property for a successful business.
*Property is currently boarded by the city due to numerous code and nuisance violations and must be brought into compliance before it can be used.
Lot Size: 4.34 Acres
Annual Taxes: $48,198
Plaintiff
State Ex. Rel. City of Miamisburg, Ohio Law Director K. Philip Callahan
Defendant Name
AAYU SATVA LLC d/b/a Rodeway Inn, et al
Attorney
Chaney & Drexel
Viewing Dates
The property is vacant. If you wish to have a showing, text the Auctioneer at 937-581-3037 with your name and the address of the property you wish to see. We will schedule an appointment for you.
Property Map
Basic Terms:
* This is a Foreclosure Auction ordered by the Montgomery County Common Pleas Court. The foreclosure process intends to clear all liens and encumbrances on the subject property. However, the buyer will be responsible for the nuisance abatement costs that the city has performed on the property like boarding up the property and mowing etc. The buyer will be responsible for approximately $17,500 in abatement costs. You are encouraged to purchase Title Insurance at closing for an extra layer of protection.
* The property sells with a minimum opening bid of $620,000.
* The required deposit is 10% of the high bid.
* The successful bidder will be required to wire or direct deposit the above amount into the trust account of Ohio Sheriff Sales by 5:00 pm day of auction. If the deposit has not been made by stated time, the purchaser automatically authorizes Ohio Sheriff Sales to charge the credit card provided at the time of registration for the required deposit amount plus a 10% processing fee.
* The real estate is sold As-Is with no contingencies.
* Closing required within 30 days of court confirmation.
* No contract is signed after the auction. A one-page Purchaser Information Form is the only document that is required by the Court. See the Documents section of this listing 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.
* The purchaser shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover. This generally only comes into play when a property goes to the 2nd auction with no minimum bid, or the property sells for less than is owed for back taxes and court costs.
* BUYER DEFAULT: Be aware, if you are unable to close within 30 days of court confirmation, your deposit is non-refundable, and you could be liable for other costs and penalties including being found in contempt of court.
* CASH ONLY SALE: All sales are considered CASH ONLY with no contingencies. You MAY be able to obtain financing on properties where interior access is available. Banks and Mortgage Co’s will only lend on properties when they can receive an interior appraisal. Keep in mind, the purchase of the property is not contingent upon the result of the appraisal or being denied for financing. The property is being sold AS IS with no warranties or guarantees.
* BIDDING NOTES:
Bid Increment: Required bidding increment is $100 up to $50,000, then $500 up to $100,000 and $1,000 thereafter. Max Bid: When bidding, you can place a "Max Bid" and the automated bidding software will bid for you in the required increment up to your stated maximum. You will be notified by email and or text if your maximum is exceeded by another bidder. Bid Extensions: If a bid is placed in the last 5 minutes before the scheduled auction end time, bidding will extend back out to 5 minutes. Bid extensions will continue until a 5-minute period of time elapses after the stated auction end time with no advance in the bidding.