Subject property is the still operating Silohs Restaurant in Canal Winchester. Property located at the intersection of Winchester Southern Rd. and Marcy Rd., about 10 minutes from city center. Building reported to be built in 1947, contains the restaurant structure and an attached dwelling. Restaurant appox. 2,347 SqFt +/-. Covered patio spans the west side of building. Attached dwelling is a Cape Cod with approx. 1,064 SqFt +/-, currently used as storage space for restaurant. On site parking lot located on north side of structure. Auditor reports property to be 1.71 acres +/-. Reported private water and septic tank located at back of property. Above ground propane tank located behind structure on the NE side. Sale pertains to real estate only, business and equipment does not convey. There is no known current lease and operator represented the same. Operator of business did express interest in remaining if sold. This is an online foreclosure auction - price listed is the minimum bid. Min. Bid: $250,000.00. 10% Buyers premium will apply over and above high bid. Foreclosure situation, property being offered by Private Selling Officer per the authorities granted in Ohio Revised Code 2329.152. Information available has come from public sources and is believed to be accurate but is not guaranteed. Buyers should conduct their own due diligence before bidding. List Agent has not physically viewed the property. Due to the nature of the sale, interior inspections are not allowed. Cash sale only. No financing.
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