Bank Owned Surplus | High Visibility Commercial Building South Point, OH

Property Location MAP

404 Solida Road
South Point, OH 45680

Property #: TAA2615F

Contact Agent

Edward Durnil
Tranzon Asset Advisors

866-243-8243 taainfo@tranzon.com

Bank Owned Surplus – High Visibility Commercial with Value-Add Opportunity

  • 1,748 SF of move-in ready commercial space — well-maintained former full-service bank branch with existing drive-through infrastructure, parking, and utilities, minimizing capital expenditure and accelerating time to revenue
  • Direct U.S. 52 access — the Solida Road/U.S. 52 interchange connects this property to a four-lane highway running east-west through Lawrence County, linking directly to Interstate 64 and facilitating quick travel to Huntington, Catlettsburg and Ashland
  • Tri-state metro market reach — South Point sits within the Huntington-Ashland, WV-KY-OH Metropolitan Statistical Area with a regional population of over 372,000, giving any business at this location access to a substantial multi-state consumer base
  • Industrial growth driving local demand — Lawrence County is within a day's drive of 60% of the U.S. population, and The Point Industrial Park — just off Solida Road — is a growing hub for manufacturing, logistics, and river port commerce, steadily increasing the local workforce and consumer spending
  • Regional Lender Orders Immediate Sale of Multiple Surplus Assets!
  • Multiple Locations for Auction in WV, KY, PA &OH - Call Today for the List of Branches & Surplus Asset Properties!
  • Free & Clear Title Guaranteed – Title Insurance Available!
 

Tranzon Asset Advisors, Edward D. Durnil, OH Auctioneer # 20050000031/ OH Real Estate Broker # 2004021020

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 Listings may be withdrawn or modified without notice at anytime.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: 35-Day closing, sold in As-Is, Where-Is condition, no contingencies.
  • Deposit Amount: 10% deposit of the Total Sale Price in guaranteed funds.
  • Buyer Agent Compensation: 2% 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.

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