Columbus, Oh Live Auction of Downtown Restaurant Bar Absolute! Regardless of Price on Mon Dec 15 @ Noon Start Price - Current Price - Time Left - Bid Count 0 Buy It Now Price - Reserve Price - Start Time Tuesday, November 11, 2008 End Time Thursday, December 11, 2008 Location Columbus, Ohio See more about 'Columbus, Oh Live Auction of Downtown Restaurant Bar' Description Absolute Real Estate Auction Bank Owned Foreclosure of Downtown Columbus Restaurant/Bar Sells Regardless of Price With No Minimums Monday December 15 @ 5 pm on Site 122 E. Main Street (Formally know as Brown Stone on Main) 43215 Directions:  70 East to exit 100A (High and Front St), merge onto W. Fulton St. to Left on Front to Rt. on Main.  or from I-670 to South on 3rd to Left on Main.    Click Here for Google Map Click Here for Exterior Photos    Click Here for Interior Photos    Click Here for Franklin Co. Tax Info Preview Dates:    Mondays Dec 1 and 8 from 5-5:30 pm and 1 hour prior to Auction.  Also private showings with your Realtor. Exterior Description:    Four Story 12,118 square foot structure previously known as Brown Stone on Main which was a restaurant, bar and private banquet/party center. The front looks like a traditional Brown Stone apartment. It is flanked by office space on one side and has an alley on the other side. It is located on the corner of Lazelle and Main St. Caddy cornered is a Diamond Jeweler and directly to the East is Hartman Condo Lofts which is a newer condo project. There is on street parking, potential for valet parking as well as outside dining weather permitting. Exterior is very well kept and has good windows, appropriately painted trim, mercury lighting, and stone architectural designs.  The kitchen has double door access from the alley for food delivery. There is no direct parking associated with this property. Fire escapes are located on the rear of the building. Sits one block from downtown in a revitalized area. Interior Description:    The entry way is off of the corner of Main and Lazelle. The entry way leads down to a lower level bar previously known as "The Lounge" with a long bar and small stage area. Main entry into the Brown Stone restaurant walks into a hostess station with hardwood floors, high ceilings, decorative waiting area, large custom wine rack, and granite bar. There are pub tables and chairs in the bar area. The kitchen is a full restaurant kitchen.  All personal property currently inside the building will transfer at no charge to the new owner. There is a dumb waiter leading to other levels. Main seating area has numerous sections, custom made booths and tables, specialty lighting, large store front windows and elevator to each of  the four floors. Back entrance with men's and women's restrooms totally redecorated with tile floors and new fixtures, very nice. The second level has a large eating area that could be separated for parties or private dinners and also has a full service bar. There are hardwood floors with exposed brick and a prep area. The third level also has hardwood floors, exposed brick, track lighting and is set up for socialization. It has a media area with a big screen and also can be used as a dancing area. Newly remodeled bathroom has slate floor and custom sink. There is a 9 x 11 storage room and small prep area for private parties. Fourth floor has an 8 panel skylight on the roof, carpeted stairs, and a landing leading to the elevator. This floor was used as the corporate office area with bathroom, desks, music control, phone system, security system and safe. Part of this floor is general storage for the restaurant including the liquor storage under lock and key. Half of the fourth floor was  previously used as a VIP/private party/night club with two TVs in the lounge area, glass block windows and smoked glass door. The building could continue the current use or easily be converted to another great use.  Franklin county has the property tax appraised at $1,000,000.  Current taxes are $23,305.18. Basic Terms:     Absolute Auction, sells Regardless of the Price, bank will not be bidding against the buyers.  20% down payment day of Auction.  You MUST bring a cashiers check made payable to "Ohio Real Estate Auctions" in the amount of $50,000 in order to bid.  The remaining down payment will be due immediately by personal check.  No contingencies including financing.  10% Buyers Premium, As Is, all inspections to be performed prior to Auction date, closing within 45 days of Auction, all personal property will transfer free of charge, clean deed at closing, no liens or back taxes.  Bid with confidence. Realtor participation is encouraged.  Call Auctioneer with questions. Owner:    Huntington National Bank Auctioneer:    Barry Baker, CAI, AARE, CES     Cell Phone: 937-581-3037   or    877-243-6446    Email: Barry@OhioRealEstateAuctions.com Place a Bid!

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