245 4th St 2,117 SF Specialty Building Offered For Sale in Portsmouth, OH 45662

The property will sell with a minimum opening bid of $80,000 (based on 2/3 of the $120,000 appraisal). Within (48) hours of the close of the auction, the successful Bidder must make a nonrefundable deposit in the amount of 10% of the final bid price; payable by cashier’s check, certified check or wire transfer to the Auction Ohio Real Estate Trust Account. The successful Bidder shall pay the balance of the purchase price, plus conveyance fee, recording fees, title insurance and an additional 7.0% Buyer’s Premium at the closing. The successful Bidder shall be responsible for those costs, allowances, and taxes that the proceeds of the sale are insufficient to cover.
The property consists of 3 parcels totaling 3.599 acres (+/-) and is situated in the flood plain (and, in part, is bounded by the flood wall). There's a 27' x 50' block, 2 story garage with 3 overhead doors (circa 1900). an 18' x 24' block, 2 story building & an 18' x 21' frame 2 story building (built 2016 & 2022).
The property is currently occupied by the owners with no right of possession after closing. The Buyer is responsible for any eviction process and costs, if necessary, to obtain possession.