Value-Add Mixed-Use Commercial Building with Existing Tenant and Major Lease-Up Potential
Timed auction by Transition Auction Group
Starts Aug 10, 2026 4:00 PM EDT. Ends Aug 18, 2026 4:00 PM EDT
REAL ESTATE AUCTION Online Only Executive Summary 9,759± SF mixed-use commercial building with an established tenant and significant lease-up, expansion, and redevelopment potential. Transition Auction Group is pleased to offer this distinctive two-story commercial property in the Village of North Clayton through an online real estate auction. Built in 2008 and renovated in 2023, the property offers a flexible configuration suitable for retail, professional office, medical, café, service, coworking, or mixed-use occupancy. The building contains approximately 9,759 square feet and is currently occupied by one tenant under a five-year lease. The remaining vacant space, multiple private entrances, and unfinished second level create a substantial value-add opportunity for an investor, developer, or owner-user. Located near National Road, the property benefits from convenient access to Interstate 70, strong visibility, surrounding residential development, and immediate proximity to Northmont High School, the Kleptz YMCA, and the Northmont Library. Property Details Address: 8941 Anneliese Way, Clayton, OH 45315 Parcel Number: M60 16323 0040 Building Size: 9,759± SF Lot Size: 0.2241± acres Year Built: 2008 Renovated: 2023 Stories: Two Parking: 13 surface spaces plus street parking Current Occupancy: One tenant Property Type: Retail, office, café, service, or mixed-use Property Highlights 9,759± SF two-story commercial building Built in 2008 Renovated in 2023 Approximately 0.2241 acres 13 surface parking spaces, plus street parking One established commercial tenant Current lease extends through May 31, 2030 Multiple vacant suites available for immediate lease-up Flexible retail, office, medical, café, service, or mixed-use configuration Multiple private customer entrances Walk-up service window Large windows providing abundant natural light Unfinished second-floor space with expansion or conversion potential Located within Clayton’s Special Area 1 Located within Clayton Improvement District 1 Convenient access to National Road, I-70, and I-75 Adjacent to Northmont High School, Kleptz YMCA, and Northmont Library Potential investor, owner-user, redevelopment, or adaptive-reuse opportunity Flexible Floor Plan The first floor is divided into multiple commercial areas with separate entrances, restrooms, utility space, and flexible layouts. Approximate areas shown on the provided floor plan include: 1,466± SF 968± SF 1,966± SF The configuration provides the opportunity to accommodate several smaller tenants, combine spaces for a larger user, or allow an owner-user to occupy a portion of the building while receiving rental income from other suites. Value-Add Opportunity The property offers several potential paths for future growth: Lease the remaining vacant commercial suites Complete and finish the second floor Create additional professional or executive office suites Explore residential or mixed-use conversion potential Combine suites for a larger retail, medical, or office user Occupy part of the building while retaining tenant income Increase overall property income through stabilization All future uses and improvements are subject to zoning, building-code requirements, and governmental approvals. Location The property is positioned within the Village of North Clayton, near National Road and approximately eight minutes from the I-70/I-75 interchange. The location provides access to the Dayton metropolitan area, Dayton International Airport, Wright-Patterson Air Force Base, and regional employment and manufacturing corridors. Nearby community amenities include: Northmont High School Kleptz YMCA Northmont Library Established residential neighborhoods New residential and commercial development National Road retail and service businesses Interstate 70 and Interstate 75 The property’s proximity to educational, recreational, and community facilities may support a range of professional, medical, wellness, educational, retail, service, and neighborhood-oriented uses. ONLINE AUCTION ONLY Terms and Conditions A) If you are the high bidder, you are contractually obligated to buy the real estate at the price stated as Your bid, Buyer’s Premium, fees, and all other applicable Buyer closing costs. B) Successful Bidder will be required to enter into the purchase agreement within 2 hrs after close of auction as posted on the Documents tab and tender a NON-REFUNDABLE Earnest Money deposit of 10% of final Purchase Price by cash, check, or electronic transfer after the end of the auction within 24 hours. Failure to execute the purchase contract and tender the earnest money deposit will put the bidder in default. C) Default by Bidder: In the event of a default by the Bidder under the terms and conditions of this auction, the Auctioneer reserves the exclusive right to terminate this Agreement and take any and all actions deemed necessary and appropriate to sell the property, including, but not limited to, offering the property to the next highest bidder or re-listing the property for auction at the Auctioneer's discretion. Nothing herein shall limit or relieve the Bidder's liability for any actual damages sustained by the Auctioneer, Seller, or any third party as a result of such breach. The Auctioneer's exercise of rights under this section shall not constitute a waiver of any other rights or remedies available to the Auctioneer, Seller, or any affected third party under this Agreement or applicable law. D) Each Buyer is responsible for conducting their own due diligence on the Property before bidding. The buyer is encouraged to conduct an inspection(s) prior to bidding. E) The real estate sells in AS IS condition. The Seller is not making any repairs or making any concessions. F) The sale is not contingent upon a satisfactory inspection. G) The sale is not contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the appraisal gap, if any. H) Closing to occur on or before September 25th, 2026. I) Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee, and the proration of real estate taxes. J) Bidder acknowledges receipt of a copy of the real estate purchase agreement for this Auction. K) There is a 10% (TEN) Buyer’s Premium added to your final bid to determine the final purchase price. By registering for this auction you are accepting all Terms and Conditions! The bidding will open at 4:00 PM August 10th 2026 and begin to close at 4:00 PM on August 18th, 2026 with a two minute auto extend. This means that if a bid is placed within the last two minutes, the bidding will be extended for an additional two minutes. What are you waiting for? You truly must see this property in person to fully appreciate it. Register to bid and check out all the documents and photos that we have available for your due diligence. Great investment opportunity! For Property Information and Tours: Kennedy Dorsey | The Windsor Companies 740-602-0711 | kennedy.dorsey@thewindsorcompanies.com Brooke Reinke | The Windsor Companies 937-418-1228 | brooke.reinke@thewindsorcompanies.com For Auction Information: Adrian Walters, CAI Auctioneer | TRANSITION AUCTION GROUP, LLC Senior Advisor | EXP COMMERCIAL 614-348-8377 | adrian@transitionauctiongroup.com Auctioneer License # 2019000013 Corporate License # 2025000087