TURN-KEY BAR MIN. BID $99,000 LIVE ON-SITE AUCTION FEBRUARY 8TH (Toledo)

Exciting opportunity! This turn-key property will be sold through a LIVE On-Site Auction, Minimum Bid of $99,000 on Thursday, February 8th at 4:00PM.
The property features a fully operational bar, complete with all necessary equipment, security camera system, separate office, full kitchen and a huge outdoor patio.
Additionally, the property comes with a D5/D6 Liquor License, making it an enticing investment.
The upstairs offers roughly 2900+/- sq.
ft of living space, which could be converted into 2 apartments or repurposed creatively.
A 10% buyer's premium will be added to the final bid.
AUCTIONEER: CARSON HELMINIAK, Realtor/Auctioneer Helminiak Real Estate & Auction, LLC.
Key Realty LIVE AUCTION - 827 STARR AVE.
TOLEDO, OH 43605 Preview: 3:00PM Auction: 4:00PM REAL ESTATE TERMS & CONDITIONS: AUCTION REGISTRATION: Registration begins at 3:00PM Thursday, February 8, 2024 the day of the auction.
EARNEST MONEY DEPOSIT: A $10,000 Deposit will be required at time of registration for the auction.
The deposit must be in the form of cash, cashier’s check, or personal check made out to the title company the day of the auction.
The remaining balance will be due at closing no later than 45 days after the auction.
The final bidder’s check will be deposited into the title company’s escrow account, which will then be credited to the Buyer upon closing.
The terms of the contract are non-negotiable and if the Buyer fails to close, the deposit is non-refundable.
The Buyer agrees the earnest money deposit will be released to the Seller and Helminiak Real Estate & Auction-Key Realty.
TITLE: The Seller agrees to furnish clear title with a guaranteed certificate of title at closing, at Seller’s expense.
Buyer is responsible for their portion of the closing cost.
Taxes will be pro-rated.
Closing must be held at a creditable title company within 45 days of the auction.
BROKER PARTICIPATION: We welcome Broker Participation.
Please call and register your Buyer 48 hrs.
prior to auction.
A Broker Participation form must be completed in order to register your Buyer.
Failure to do so voids the Broker Participation.
BUYER’S PREMIUM: A 10% Buyer’s Premium will be added to the final bid.
The final bid plus the buyer’s premium equals the final purchase price for the property.
AUCTIONEER/BROKER/SELLER DISCLAIMER: The information contained herein is believed to be correct to the best of the auctioneer’s knowledge.
The information is being provided for the bidder’s convenience and it is the bidder’s responsibility to determine the information contained herein is accurate and complete.
The property is selling in its ‘as-is’ condition with no warranties expressed or implied.
During the preview time, a bidder may bring an inspector to check the property.
The Auctioneer and assistants are representing the Seller.
Auction will be held rain or shine.
By bidding on the property, the bidder agrees to all terms and conditions set forth.
Auction may be Audio/Video Recorded.
Any other terms or conditions will be announced the day of the auction and will supersede printed material.
AUCTIONEER: CARSON HELMINIAK, Realtor/Auctioneer Helminiak Real Estate & Auction, LLC.
Key Realty Questions? Email or call!