Bank Owned Surplus, Commercial Bldg

Land Description

Bank Owned Surplus - Income Producing Commercial with Tremendous Upside

Extensively renovated first floor with Class A finishes - recent top-to-bottom renovation delivers a turnkey, move-in ready ground floor with high-quality finishes that would cost a new investor significantly more to replicate, substantially reducing upfront capital requirements

Existing tenant providing immediate income - a current lease on a portion of the property generates cash flow from day one, offsetting carrying costs while the investor or owner-user executes a broader vision for the property

Low acquisition cost relative to improvement quality - the combination of Class A first-floor finishes, a stubbed-out second floor ready for customization, and an existing paying tenant represents a rare value-add profile at smaller-market investing

Surrounded by government and civic anchors - the Vinton County Courthouse, County Court, and multiple county offices are all located on or directly adjacent to Main Street, guaranteeing a steady stream of daily foot traffic from attorneys, government employees, jurors, and residents conducting county business

U.S. Route 50 corridor access - McArthur's position on U.S. 50 connects the property to a regional east-west corridor linking southeastern Ohio, with Columbus approximately 58 miles to the northwest and Athens Ohio to the east, providing accessibility well beyond the immediate village population

Regional Lender Orders Immediate Sale of Multiple Surplus Assets.

Multiple Locations for Auction in WV, KY, PA, OH & IN - Call Today for the List of Branches & Surplus Asset Properties.

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Tranzon Asset Advisors, Edward D. Durnil, OH Auctioneer 1/ OH Real Estate Broker

10% Buyers Premium based on the high bid and other terms apply.

Property preview: May 6th at 10:00Am Et

Online bidding ends May 13th at 1:00Pm Et

Contact Edward Durnil at or m