Bank Owned Properties For Sale

1616 State Route 28

Loveland, OH 45140

Bank Owned Property
Retail for Sale
$2,087,550 CAD
12,784 SF

Air Conditioning

Loveland Retail for Sale - Milford/Wards Corner

Exceptional commercial opportunity in a high-growth Loveland corridor. Formerly the Hammer Down Range, this versatile property includes two buildings totaling 12,784 SF on 2 acres with excellent visibility along State Route 28. The main building, constructed in 2016, offers 11,544 SF of modern commercial space, while the 1,240 SF outbuilding previously supported classroom and gunsmithing operations—ideal for training, studio, office, or specialized retail use. The site features 40± parking spaces, strong traffic counts, and prominent frontage, making it ideal for retail, showroom, entertainment, service-based businesses, or adaptive reuse. Zoned B-2 (General Business District), the property provides exceptional flexibility with opportunities to expand the footprint, add a loading dock, or reconfigure into multi-tenant space. Located less than 5 miles from I-275, this property offers convenient regional access within one of Cincinnati’s most active commercial markets. A rare opportunity for owner-users or investors seeking space with visibility, accessibility, and room to grow.

Contact:

Prodigy Properties

Property Subtype:

Freestanding

Date on Market:

2025-12-23

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Auction-Foreclosure Judgment | Shaker Sq

Bank Owned Property
Multifamily for Sale
$2,087,550 CAD
474,101 SF
14 Multifamily Properties

Portfolio of properties for Sale - East

Marcus & Millichap is pleased to offer the lenders rights to the foreclosure judgment of Shaker Square 308, a 308-unit portfolio of architecturally significant buildings all located within the historic Shaker Square neighborhood which straddles Shaker Heights and Cleveland, OH (the “Property” and the “Offering”). The lender will be foreclosing on the 15-asset portfolio in January/February 2026 and is offering the rights to their foreclosure via assignment. There is currently a court appointed Receiver presenting investors an excellent opportunity to acquire an irreplaceable asset that offers substantial value creation opportunity through property-wide updates. The winning bidder will acquire fee simple title to the real estate upon closing. This portfolio was assembled and tastefully renovated between 2004 and 2018 before being sold to an ill-equipped purchaser who has since passed away. Comprised of 14 buildings all within 2 blocks of each other, Shaker Square 308 offers an investor an opportunity to dominate one of the closest residential neighborhoods to Cleveland’s main economic growth driver, University Circle. Boasting one of the nations largest concentrations of medical jobs between the world-renowned Cleveland Clinic’s main campus, University Hospitals main campus, and one of the largest VA medical centers in the country, the only rental options that are closer than Shaker Square are luxury, new construction assets that rent between $2.50/sf and $3.15/sf. With its over-sized suites, the market rents for this portfolio after completing the moderate renovations started by a previous owner are only in the $1.25/sf range, offering an enormous discount for medical workers, graduate students, and other workers in the community to live only 5-10 minutes from Northeast Ohio’s employment juggernaut. The receiver spent several hundred thousand dollars on a commercial cleaning company to trash out all of the vacant units (many of which are still in good condition, others have water damage from roof leaks), leaving them in dry condition ready to be made rent-ready once again. The buildings have been secured and winterized. Some of the roofs and boilers are still in operating condition, others are in need of replacement but have been tarped to prevent further damage. Other similar buildings adjacent these were sold in 2022 for over $60,000/unit, and are achieving rents in the $1.30/sf - $1.50/sf range. A buyer can obtain these assets at a very attractive basis, renovate the units that need serious work and clean up the ones that were previously renovated, make necessary capital investments in roofs and HVAC, and bring this property back to its previous glory where it appraised for $32,350,000 or $105,032/unit just 5 years ago before the most recent owner mismanaged the Property. Auctioneer: Thomas Seaman, License No. 2007000016

Contact:

Marcus & Millichap

Property Subtype:

Multi Family

Date on Market:

2025-12-09

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133 Huber Village Blvd

Westerville, OH 43081

Bank Owned Property
Retail for Sale
Price Upon Request
99,380 SF

Westerville Retail for Sale

AVAILABLE AT AUCTION - May 4th-May6th at RI Marketplace Transwestern Commercial Services, a full service commercial real estate firm, as exclusive broker, in conjunction with RI Marketplace, is pleased to offer for sale the single tenant Kohl’s (“Property”) located in Westerville (Columbus), Ohio. Bidders are encouraged to review the documents provided on the auction site, which will be updated periodically. This asset is being offered as-is and free and clear of debt. The auction will take place May 4th-6th, 2026 via RIMarketplace.com. The Property is located at 133 Huber Village Blvd., Westerville, Ohio. It offers an investor a terrific opportunity to own a retail asset situated in an infill, high-density retail sub-market, at a location with over three decades of operating history and limited landlord responsibilities. The Property consists of 10.22 Acres of land and 99,380 square feet of building built in 1974 and remodeled in 1991. The Property benefits from being adjacent to West Park Plaza, a 216,000 square foot (inclusive of Kohl’s), community shopping center anchored by a 50,000 square foot Marc’s Grocery and newly opened 30,000 square foot Planet Fitness. The Property is situated at the NEQ of Interstate 270 (over 151,000 vehicles per day) and S. State Street (over 42,000 vehicles per day) with access off Huber Village Boulevard in the Northeastern Columbus Ohio suburb of Westerville. The immediate trade area boasts other major retailers including Kroger, Walmart, ALDI, Chase, McDonald’s, Panera, Starbucks, Chipotle, Wendy’s, Sherwin Williams, PNC Bank, City Barbecue and many others. The area is heavily populated and affluent. There are 105,381 people located in a 3-mile radius and 271,474 people located in a five-mile radius, the average household income is $100,397 within three-miles and $107,778 within five-miles of the property. The Property is in the Westerville Retail Submarket with a total inventory of 9.4 million SF of retail space and a low vacancy factor of 2.7%. There is almost no new construction of retail space in this submarket. The average sub-market asking rent is $19.77 PSF Net.

Contact:

Transwestern Commercial Services

Property Subtype:

Department Store

Date on Market:

2026-03-11

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