DAYTON COMMERCIAL PROPERTY
Former Grub Steak Restaurant Location
Wednesday ♦ June 23, 2010 ♦ 4:00 PM
1400 North Main Street
DAYTON, OH
Excellent opportunities for this historic site. Former home of Joe Bissett’s Grub Steak Restaurant w/over 7,500 SF in building space with former restaurant facilities and additional retail/commercial space to the south. Plenty of parking in back. Join us for this exciting and unique auction opportunity.
Visit us on the web or call Auction Agents for private showings and Bidder Package!
Real Estate Sale Terms
Bidding Procedure: The property will sell to the highest bidder subject to the confirmation of the Seller.
Buyer’s Premium: A 10% surcharge will be added to the final bid amount(s) to form the contract price.
Acceptance of Bid Prices: The successful bidder will sign a Confirmation of Sale Agreement at the auction site immediately following the close of bidding.
Down Payment: $10,000 as down payment day of auction upon signing of Confirmation of Sale Agreement; balance due at closing. Bidding IS NOT CONDITIONAL UPON FINANCING.
Real Estate Taxes: Taxes will be prorated to date of closing using the short proration method.
Closing Date: On or before July 30, 2010.
Agency: Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.
Disclaimer and Absence of Warranties: All published information is subject to the terms and conditions outlined in the Confirmation of Sale Agreement. Announcements made by the Auctioneer at the time of the Auction will take precedence over any previously printed or oral information. The property will be sold on an “AS IS, WHERE IS” basis, and no warranties or representations, either expressed or implied, concerning the property are made by the Seller or the Auction Company. Each bidder is responsible for conducting his/her own due diligence concerning the property prior to the auction. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. Neither the Seller nor the Auction Company assumes liability for its accuracy, errors, or omissions. Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, legal capacity, etc. All decisions of the Auctioneer are final.
KEY TRUST CO OF OHIO NA
Toll Free: 1.866.282.8284
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