521 Wayne Ave

Foreclosure Sale by Court Appointed Receiver, a mixed-use commercial property located in Dayton. The property is located within Dayton's popular Oregon District & within the Oregon District's DORA boundary. Located less than one mile from the UD Campus & Miami Valley Hospital & under 2 miles to I-75. According to public record the property was built in 1938 & features 10,968 SF. Situated on 4 parcels totaling .455 acres, the property has surface parking for 10 cars & additional on-street parking. Formally used as a bar/restaurant concept & 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.

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. A 10% Buyer's Premium is added to the high successful bid to determine the final purchase price.