REAL ESTATE (FARM & 2 BUSINESS BUILDINGS) - INVENTORY AUCTION

AUCTION SITE: 117 Greenfield-Sabina Rd., Greenfield, Ohio 45123 (Pennington Supplies in New Martinsburg). Follow St. Rt. 28 east from Leesburg or west from Greenfield to Martinsburg Rd. turn north to New Martinsburg, turn right at stop sign in town on Greenfield Sabina Rd. to auction.   

WEDNESDAY, JULY 28, 2010 at 10:00 AM w/ Farm Followed by Business Bldgs. & Inventory, Then Carports & Misc.

 

 

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 45 AC. FARM w/ RANCH HOME, GARAGE & BARN - 1.8 AC. w/ 2 BUSINESS BUILDINGS

TRACT 1: Approx. 45.858 acres located at 12325 Pommert Rd., Greenfield, Ohio. Follow St. Rt. 28 to Miami Trace Rd., turn north to Pommert Rd., turn right to farm (Farm offered at Tract 2, Pennington Supplies in  New Martinsburg ). Farm has 19.53 acres tillable & 24.9 acres wooded & pasture plus ranch frame home & garage. Home has 2296 sq. ft. of living area incl. family room having stone fireplace, kitchen, & dining room (all 3 rooms in a great room setting), 3 bedrooms incl. large master bedroom w/ bath & walk-in closet, utility area, bath w/ shower & 2 car attached garage. There is central air, propane heat, new carpet & windows. This home is frame w/ rock & vinyl siding, has deck & lg. yard, all in an off road private setting. Property has an 84’x42’ pole barn & 2 lakes, 1 w/ shelter houses, bridge, fruit trees & is partially fenced. Farm located right behind Buckeye Hills Golf Course & is in Greenfield School Dist.

TRACT 2: Approx. 1.8 acre lot w/ 2 business buildings located at 117 Greenfield Sabina Rd. in New Martinsburg. This property has been operating as a retail business known as Pennington Supplies. Improvements include 2  pole & steel business buildings including a 62’x150’ business show room w/ 24’x90’ addition & 24’x60’ block addition w/ heat & central air, also a 70’x40’ pole barn divided w/ storage or for many other uses. Buildings have approx. 15,000 sq. ft. total. Included are office & check-out area, restrooms, kitchen area w/ equipment, walk-in cooler, food & pop coolers, etc. There are also underground gas tanks w/ 6 pumps & canopy for retail sales and lg. parking area. Buildings are in good condition & have numerous uses & opportunities for a new buyer. Inventory will be offered as a turn key operation w/ business building & separate by multi parcel method.

AUCTIONEER’S NOTE: This is a great opportunity to buy a small farm in a good location or business buildings in this area which have multiple possibilities.  

TERMS ON REAL ESTATE: 10% of purchase price to be paid on day of auction with remainder due at closing which will be on or before August 30, 2010. Possession immediately at closing. Taxes prorated to day of closing. Property offered subject to sellers confirmation. Any announcements made by auctioneer on day of sale will take precedence over this ad. Disclaimer: All information contained herein is believed to be accurate but not warranted. All measurements are approximate and not guaranteed. Property sells as is with no warranties expressed or implied as to conditions. Home was built before 1978, therefore falls under the Lead Base Paint Law. Any potential bidder may conduct lead paint tests 10 days prior to this sale. Purchaser will sign a waiver of the 10 day post sale inspection. Auctioneers & sales people are agents for the seller.

FOR INFORMATION PACKET OR INSPECTION CONTACT AUCTIONEERS AT 937-446-2455 or 937-446-4455;

  OPEN HOUSE:  Tues., July 6 & Tues., July 20, 5:00-6:30 PM or by Appt.

INVENTORY (Appraised @ $300,000.00 Retail Value) -Offered in 6 Lots

This is a large amount of current inventory of sporting goods, hardware, lawn mower repair parts, clothing, shoes, electric & plumbing supplies, etc. Inventory will be offered in 6 different lots & together. Lot 1: Lg. amount of fishing, hunting, sports items & 4 Muzzle Loader guns; Lot 2: Approx. 1000 pr. of shoes & boots (Wolverine, Red Wing, Worx, Double H, Harley Davidson), selection of Carhartt, Wolf Mountain & other winter clothing, jeans, etc.; Lot 3: Lg. variety of lawnmower parts, sm. engine & repair items; LOT 4: Lg. selection of hardware, garden items, supplies, tools & pool items; LOT 5: Lg. amount electrical items, plumbing, fittings, pressure tanks, pumps, etc.; LOT 6: Lg. amount plastic plumbing pipe & fittings; Note: These 6 lots to be offered by multi parcel method as individual lots, combined, then all together w/ business building, as well. An independent appraisal was done on inventory in Feb. 2010 by Reliant Inventory Service & estimated retail on all inventory was over $300,000. There is a large selection in this auction! Be sure to come and bid. All inventory needs to be removed by Sat., July 31, 2010. CARPORTS - SEMI BOX BED – MISCELLANEOUS: Following will be sold after real estate & inventory: (1) 40’x18’ metal carport; (2) 20’x18’ metal carports; 48’ alum. semi box bed for storage (no axles or hitch); platform scales; hand pallet fork truck; dog cages (plastic & wire); wheel barrow; Hillman key making machine & key stock; assort. what nots; household; picnic table; OTHER ITEMS

AUCTIONEER’S NOTE: This is a nice selection of current inventory.  If you have a business or you are wanting to start one, come & bid on any or all 6 lots. Wholesalers, retailers or individuals, this is for you. Be sure to mark your calendar for this one! TERMS ON INVENTORY: Offered w/ reserve. Cash or check w/ proper ID. Any announcements made by auctioneer on day of sale will take precedence over this ad.

OWNER: MERCHANTS NATIONAL BANK

Food Served                                                                                                                                                                No Sunday Auctions

SALE CONDUCTED BY: