Corp Surplus - Former Franchise Rest. | Develop. Opportunity Hillsboro, OH

Property Location MAP

1285 N. High Street
Hillsboro, OH 45133

Property #: KEY5162B

Contact Agent

Edward Durnil
Tranzon Asset Advisors

866-243-8243 taainfo@tranzon.com
Located just outside Downtown Hillsboro, this +/- 5,574 square foot former franchise restaurant offers a variety of future development possibilities. Surrounded by thriving restaurants, commercial businesses, big-box stores and medical facilities, this property is situated in an area with significant growth potential. Features include:
  • Traffic Counts: North High Street +/- 16,000 VPD
  • The property sits on a combined total of ±2.41 acres, with 119 standard parking spaces and 3 designated handicap spots. The parcel offers excellent potential for new development or business ventures.
  • Positioned along the main route for traffic traveling between downtown Hillsboro and the modern commercial hub of town, ensuring high visibility and access.
  • Corporate Liquidation of multiple locations across Ohio and Kentucky – Check www.tranzon.com for more information on similar properties in the region.
  • The subject has a well-designed layout with a broad range of commercial kitchen equipment, including multiple stainless steel prep stations/ sinks, a high-pressure cleaning station, grease transfer systems, and full ventilation cooking stations.
  • The property also features three mid-sized walk-in freezer/refrigerator units, ideal for food service operations.
  • Currently zoned as a Business "C" District under the City of Hillsboro's Planning and Zoning regulations. This zoning allows a wide range of uses, including assisted living facilities, automotive fueling and repair stations, financial institutions, medical facilities, restaurants, and retail businesses. All uses are subject to municipal zoning approval.
  • Free and Clear Title – Not Back Taxes – Title Insurance Available on All Sales
 
Parcel ID: 25-08-001-007.00
2025 Highland County Tax Appraised Value: $967,800.00
2025 Annual Taxes: $13,364.36
 
Note to Buyers: Closing will be handled by Fidelity National Title’s National Commercial Services Division in Phoenix, AZ with Seller paying for Buyer’s title insurance. Closings are normally done remotely.
 
Click on “ACCESS PROPERTY DOCUMENTS.” The Property Information Package contains information, including the sales contract, not available elsewhere.

Tranzon Asset Advisors, Edward D. Durnil, OH Auctioneer/Broker #200800096

The following summary of Terms & Conditions of Auction Sale is only intended to provide you a brief outline. For a complete copy, either download the Property Information Package, if available, or contact Edward Durnil

Edward Durnil: Tranzon Asset Advisors

866-243-8243 taainfo@tranzon.com

All bidders must agree to all of the Terms & Conditions of Auction Sale prior to bidding at any Tranzon auction. Listings may be withdrawn or modified without notice at anytime.

For general information on the auction process, please review the Frequently Asked Questions.

Print Terms and Conditions

  • Buyer's Premium: 10% Buyers Premium based on the high bid.
  • Closing: Closing to take place on or before March 27, 2026, sold in As-Is condition, no contingencies.
  • Deposit Amount: Online registration requires $9,900 hold on a valid credit card. The hold will be released post-auction. A 10% deposit is due within 48 hours of being notified that you are the successful high bidder.
  • Buyer Agent Compensation: 1% of the high bid will be paid to a properly registered buyer's agent at settlement.
  • Agency Disclosure: The member company acting as auctioneer/agent is an agent for the seller only.
  • Disclaimer: Information contained herein is believed to be correct to the best of auctioneer/agent's knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions. All square footage and other dimensions are approximate. This offering is subject to prior sale and may be withdrawn, modified or cancelled at any time without notice.

Online Bidding Instructions:

See terms and conditions in the property information package.

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