3101 Belmont Street, Bellaire, Ohio 43906

Foreclosure Sale by Court-Appointed Receiver.  Online bidding only.  Prodigy Properties is pleased to present for sale this redevelopment / investment opportunity in Bellaire, Ohio, a village of Belmont County.  Subject property is formerly known as the Stone Bridge Bar & Grill.  Per the county auditor, the property plays host to a two-story building (~4,000 SF) and a detached garage.  According to the auditor, the first floor is commercial, with multiple residential units on the second floor.  Great upside potential with a trash out, curing deferred maintenance, getting the bar / tavern back to an operational state, and renting out the second floor units.  Surrounded by other commercial and residential properties.  Less than a quarter mile from the Ohio River and West Virginia border.  Investor special.  Please read in-depth sale details below.

Property will be sold free and clear of all liens, with property taxes paid off to the day of closing.  Receiver may, in its sole discretion, accept or reject any bid or offer for any reason, at any time, without notice.  No representations, warranties, or guarantees.  Bidding is scheduled to conclude on 6/2/2021 at 2pm ET.  A 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.  The high successful bidder must wire transfer a $5,000 deposit of the final purchase price within 24 hours of auction conclusion.  Furthermore, a Receiver’s Purchase and Sale Agreement is required to be executed by the high successful bidder within 48 hours of auction conclusion.

This property is believed to be occupied.  Please do not trespass or attempt to access the property in any way.  Photos are provided for guidance purposes only.  All information provided is believed to be true, but cannot be guaranteed.  It is up to the bidder to verify any / all code violations prior to bidding.

Information contained in ANY advertisement for this property is not guaranteed or warranted and should not be relied upon.  BY BIDDING ON THIS PROPERTY THE BIDDER REPRESENTS IT HAS INDEPENDENTLY VERIFIED ALL INFORMATION AND MADE THE DECISION TO BID BASED UPON THEIR OWN INVESTIGATION.

Key sale points:

• The opening bid is $1,000 with an unpublished reserve price.
• Property is sold 100% AS-IS, WHERE-IS, with all faults.
• Property is sold subject to any / all code violations.
• Property is sold subject to court approval.
• All bids are subject to Receiver’s confirmation.
• Receiver reserves the right to accept or reject any bid or offer, at any time prior to or subsequent to auction end, for any reason.
• Information contained in any advertisement is not guaranteed or warranted.
• No contingencies will be accepted, except the Receiver’s ability to convey insurable title.
• Property will be sold free and clear of all liens.
• Property taxes will be pro-rated to the day of closing.
• Cash only sale, absolutely no financing contingencies.
• Absolutely no inspection contingencies.
• 10% Buyer’s Premium is added to the high successful bid to determine the final purchase price.
• $5,000 deposit of the final purchase price must be wired to Receiver’s title company within 24 hours of auction conclusion.
• Receiver’s Purchase and Sale Agreement must be executed by the high successful bidder within 48 hours of auction conclusion.
• The terms of the sale are fully set forth in the Agreement and are not negotiable.