Commercial Auction Listings

Liquidation Sale for a +/-8,400 SF Commercial/ Retail Building

Could be Divided into Multiple Units
+/-200 SF of Frontage
Newer Roof installed in 2011

$50,000 Minimum Bid

Liquidation Sale for Industrial/Warehouse Condos

20’ Ceilings
2 – 14’x14’ Overhead Doors
2- Loft Storage Areas
12 Assigned Parking Spaces
Located Just Off Tri-State Hwy (I-294)

$69,000 Minimum Bid

Liquidation Sale for a +/-3,854 SF Commercial Building

Former 120 Person Capacity Restaurant
Equipment Included
Newer Roof (2011)

$25,000 Minimum Bid

Liquidation Sale for a +/-6,765 SF Commercial Building

Full Basement
Exterior Parking

$10,000 Minimum Bid

Liquidation Sale for a +/-7,354 SF Mixed-Use Building

2^nd Floor Includes Office & Bathrooms
3^rd Floor Includes Four Bedrooms
Above Ground Basement
Close to Casino & University
Suitable for Office, Bar/Restaurant

Minimum Bids as low as $75,000

Liquidation Sale for a ±5,169 SF Commercial Building

Formerly Jimmy C’s Family Pub & Grill
Equipment Included

$125,000 Minimum Bid

Liquidation Sale for a ±6,160 SF Retail/Apartment Building

3 x One (1) Bed Units w/ Kitchens
Historic Building w/ Restaurant
Banquet Room & Bonus Loft
Views of the Mississippi River

$75,000 Minimum Bid

Liquidation Sale for a ±4,500SF Mixed-Use Building

Zoning C-2
Includes ±1,500 SF Apartment
New Roof Installed in 2013

$20,000 Minimum Bid

Lender Ordered Online Auction in Lima, OH

The Original Train Depot
Near Lima Hospital
On the Train Tracks

$10,000 Minimum Bid

For certain assets and markets, we are witnessing demand exceed supply and through our online auction marketing program an open, fair, transparent and competitive bidding environment is established to ensure the ownership that the property is not potentially undervalued in a conventional sale.  Due to increasing market demand for this client’s asset, the seller’s pre-established reserve was exceeded 2x.  Often for vacant buildings, such as the below referenced property, there is demand aware/interested but there is no sense of urgency to acquire in a conventional sales program due to extended time on market and multiple list price reductions.  The markets attitude is “The property has been on the market for 6+ months with multiple list price reductions, I will just wait and see what the next deal is”.  The auction process and our sealed bid format is what creates the neccesary sense of urgency to convert the market demand into buyers, in fear that they will miss out on the acquisition.

We are currently structuring our 4Q/YE disposition throughout the US, please let us know if you would like to further discuss the implementation of our strategy for your property portfolio.