Investment Highlights
FOR SALE BY COURT APPOINTED RECEIVER, VALUE-ADD INVESTMENT OPPORTUNITY
Executive Summary
Court Appointed Receiver, Prodigy Properties, presents the opportunity to acquire 521 Wayne Avenue, a mixed-use commercial property located in Dayton, Ohio. The property is located within Dayton's popular Oregon District and is within the Oregon District's DORA (Designated Outdoor Refreshment Area) boundary. The property is located less than one mile from the University of Dayton Campus and Miami Valley Hospital and under 2 miles to I-75. According to public record the property was built in 1938 and features 10,968 SF. Situated on 4 parcels and totaling 0.455 acres, the property has surface parking for 10 cars and additional on-street parking. The property was formally used as a bar/restaurant concept and currently has one tenant, a hair salon, occupying approximately 1,500 SF. In addition, there is a second floor that can be converted to apartment units or offices to increase the income at the property.Property will be sold 100% AS-IS, free and clear of all liens, with property taxes prorated and paid off to the day of closing. Seller may, in its sole discretion, accept or reject any bid or offer for any reason, at any time, without notice. No representations, warranties, or guarantees. Photos, marketing comments, and due diligence items are provided for guidance purposes only. All information provided is believed to be true, but cannot be guaranteed. It is up to the buyer to verify due diligence reports and any / all code violations prior to making an offer, to the extent any exist. BY MAKING AN OFFER ON THIS PROPERTY, THE BUYER REPRESENTS THEY HAVE INDEPENDENTLY VERIFIED ALL INFORMATION AND HAVE MADE THE DECISION TO MAKE AN OFFER BASED UPON THEIR OWN INVESTIGATION.
