This property rests on a major north/south artery and has potential for multi-tenant use as-is or redevelopment.
Columbus, OH (PRWEB) August 01, 2012
Buyers have the opportunity of a lifetime to purchase a prime commercial property in Circleville, Ohio, at auction prices. Borror Properties and Gryphon Auction Group, in conjunction with Richard Kruse, Auctioneer will offer this property to the public during a live auction event on Wednesday, August 29 at 10:30am.
“We believe that the auction process is the best ways to bring properties to the public,” said Richard Kruse, auctioneer and President of Gryphon Auction Group. “The format allows qualified buyers the opportunity to determine a property’s current fair market values through a fair and open bidding process.”
The commercial property rests on over nine acres on the north side of Circleville’s corporate limit and features a convenience store with a full-service restaurant and gas station, maintenance bay with offices and separate office suite on the top floor. The two-story building offers roughly 16,278 square feet of space and boasts high visibility on U.S. Highway 23.
“It’s not often one will find a commercial property of this caliber at auction prices,” said Peter Gehres auctioneer with Gryphon Auction Group. “This property rests on a major north/south artery and has potential for multi-tenant use as-is or redevelopment.”
The August 29 auction will be held at 10:30 a.m. on-site at 14911 U.S. 23 N in Circleville, Ohio. Prospective buyers wanting to inspect the properties prior to the event can call Peter Gehres at 614-885-0020 Ext 22. Property details, photos and terms and conditions can be found at http://www.GryphonAuction.com.
Gryphon USA, Ltd. is a multi-faceted asset management and liquidation firm focusing on the operations and dissolution of single assets through and including entire companies. Gryphon maintains a receivership and asset management group (Gryphon Asset Management), commercial auction practice (Gryphon Auction Group), art, antique and pottery auction group (Belhorn Auctions). Real estate sales transactions and property management is undertaken through partner firm, Borror Properties.
Melissa M. Kruse oversees the day to day operations of the parent company, Gryphon USA, Ltd. while Gryphon Asset Management operations are managed by Richard F. Kruse. Auction operations are directed by Peter Gehres. Lori Steiner manages operations for Borror Properties.