883 E Hudson St Columbus, Ohio 43211
This property is no longer available. Pursuant to Franklin County, Ohio Probate Court Case No. 633539, properties being sold to settle the Estate of James V. Metheney by Stephen L. Wilson, Administrator.
There's an ongoing custom cabinet business in this building. Current rent is $2,400/month (Lease through 4/30/2025)
This industrial property offers a unique opportunity for business owners or investors seeking a versatile space in a prime location. The property spans 0.22 acres and features a substantial 9,471 sq. ft. manufacturing/processing building, originally constructed in 1930 and renovated in 1961. The facility is divided into two main sections: A Utility Shop area spanning 4,428 sq. ft., featuring concrete block walls and wood joist construction, offering ample room for storage or operations. A Multi-Use Office space covering 5,043 sq. ft., providing a flexible layout suitable for office functions or light industrial purposes. The building has a 14-foot wall height and is equipped with sprinklers, normal plumbing, and lighting, though it does not include a dedicated HVAC system. The property sits on a concrete block exterior, offering both stability and functionality. The overall condition is average, with basic interior finishes throughout. This well-maintained space is perfect for businesses seeking a manufacturing/processing facility with easy adaptability for various uses. With its strategic location in the City of Columbus, the property offers significant potential for growth and development.
This property is no longer available. Pursuant to Franklin County, Ohio Probate Court Case No. 633539, properties being sold to settle the Estate of James V. Metheney by Stephen L. Wilson, Administrator.
There's an ongoing custom cabinet business in this building. Current rent is $2,400/month (Lease through 4/30/2025)
This industrial property offers a unique opportunity for business owners or investors seeking a versatile space in a prime location. The property spans 0.22 acres and features a substantial 9,471 sq. ft. manufacturing/processing building, originally constructed in 1930 and renovated in 1961. The facility is divided into two main sections: A Utility Shop area spanning 4,428 sq. ft., featuring concrete block walls and wood joist construction, offering ample room for storage or operations. A Multi-Use Office space covering 5,043 sq. ft., providing a flexible layout suitable for office functions or light industrial purposes. The building has a 14-foot wall height and is equipped with sprinklers, normal plumbing, and lighting, though it does not include a dedicated HVAC system. The property sits on a concrete block exterior, offering both stability and functionality. The overall condition is average, with basic interior finishes throughout. This well-maintained space is perfect for businesses seeking a manufacturing/processing facility with easy adaptability for various uses. With its strategic location in the City of Columbus, the property offers significant potential for growth and development.
To sell at a PUBLIC ONLINE AUCTION which bidding commences now and ends on Monday, February 24th, 2025 at 8:00 PM.
Pursuant to Franklin County Probate Court Case No. 6332539, properties are being sold to settle the Estate of James V. Metheney by Stephen L. Wilson, Administrator.
The building is some 9,421 SF and is currently occupied by an ongoing custom cabinet business (long term tenant). The rent is $2,400/mo & with a lease thru 4/30/2025.There's a 4,400 SF shop area, 5,000 SF of multi-office space (with 2 restrooms & storage), 3 overhead doors & includes the 40' x 125' lot behind the building.
Real Estate Agents:
There is a 3% Buyer Broker Fee paid to the Broker whose agent represents the buyer. provided, prior to the auction, they email a Buyer signed Agency Disclosure Statement for this property to: chris@auctinohio.com
Please see the Documents tab to review a copy of the purchase Contract that will be used for this transaction.
Acknowledgment of Terms and Conditions
- If you are the high bidder, you are contractually obligated to buy the real estate at the price stated as Your bid, Buyer’s Premium, fees, and all other applicable Buyer closing costs.
- Successful Bidder will be required to enter into the purchase agreement as posted on the Documents tab and tender a NON-REFUNDABLE Earnest Money deposit of $ 30,000.00_ by cash, check, or electronic transfer after the end of the auction within 24 hours. Failure to execute the purchase contract and tender the earnest money deposit will put the bidder in default.
- Default by Bidder: In the event of a default by the Bidder under the terms and conditions of this auction, the Auctioneer reserves the exclusive right to terminate this Agreement and take any and all actions deemed necessary and appropriate to sell the property, including, but not limited to, offering the property to the next highest bidder or relisting the property for auction at the Auctioneer's discretion. Nothing herein shall limit or relieve the Bidder's liability for any actual damages sustained by the Auctioneer, Seller, or any third party as a result of such breach. The Auctioneer's exercise of rights under this section shall not constitute a waiver of any other rights or remedies available to the Auctioneer, Seller, or any affected third party under this Agreement or applicable law.
- Each Buyer is responsible for conducting their own due diligence on the Property before bidding. The buyer is encouraged to conduct an inspection(s) prior to bidding.
- The real estate sells in AS IS condition. The Seller is not making any repairs or making any concessions.
- The sale is not contingent upon a satisfactory inspection.
- The sale is not contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the appraisal gap, if any.
- Closing to occur on or before 3/25/25.
- Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee, and the proration of real estate taxes.
- Bidder acknowledges receipt of a copy of the real estate purchase agreement for this Auction.
- There is a 10% (Ten Percent) Buyer’s Premium added to your final bid to determine the final purchase price.
Columbus, Ohio 43211
United States
OPEN HOUSES:
Wednesday, January 29th (12:00 to 1:00 PM)
Wednesday, February 5th (12:00 to 1:00 PM)
Wednesday, February 12th (12:00 to 1:00 PM)
A buyer broker fee is being paid for this auction. The buyer broker fee is 3%. Please contact the auctioneer for more information. If you are representing a buyer in this auction, please send the auctioneer a signed and completed agency disclosure prior to your buyer submitting a bid.
Chris Davis is licensed by the Ohio Department of Agriculture and under the recovery fund by the State of Ohio. An aggrieved person may initiate a claim against the auction recovery fund created in Section 4707.25 of the Revised Code as a result of the licensee’s actions.
Ohio Department of Agriculture
8995 E. Main Street, Bldg. 1
Reynoldsburg, OH 43068