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Commercial & Mixed-Use Real Estate

Commercial Property Auctions in Central Ohio

Will Evans sells commercial and mixed-use property at auction across Delaware, Marion, Union, Morrow, Knox, Franklin, and surrounding counties, vacant, leased, or mid-renovation, as-is, on a date you choose, with the buyer's premium covering commission. Storefronts, mixed-use buildings, and small commercial sites often sit hardest to price on the open market, and auction puts every serious buyer in competition instead of asking one buyer to name a number.

The Auction Advantage

Sell As-Is

No build-out, no tenant improvements, no punch list. Buyers bid on the building exactly as it stands (vacant, occupied, or mid-renovation) with condition and disclosures published up front.

A Date You Choose

Auction day is set before marketing begins. Closing follows on a fixed schedule, typically 30–45 days, no open-ended listing period carrying taxes and insurance with no end date.

No Contingencies

The winning bidder signs the purchase agreement and deposits earnest money the same day, no financing, inspection, or appraisal contingency to fall through.

Curious what your commercial building could bring at auction?

Valuation

How Commercial & Mixed-Use Property Is Valued

A commercial building doesn't price off a per-square-foot rule of thumb. A proper valuation looks at what the building can actually support and what comparable commercial property has brought at auction, not a generic storefront average.

  • Location and traffic: corner exposure, visibility, and street frontage that drive foot traffic and signage value
  • Zoning and permitted uses: what can be operated, subdivided, or redeveloped on the site today
  • Building condition and systems: roof, HVAC, electrical, and any deferred maintenance
  • Income potential: existing leases, rent roll, and rentable square footage if the building is occupied
  • Redevelopment or subdivision potential: single-tenant use versus multiple storefronts
  • Comparable sales: recent auction and market results for similar commercial and mixed-use buildings nearby
Priced on what the building can do, not a square-footage formula.

Every property is compared against recent, real auction and market results for comparable commercial and mixed-use buildings in the same corridor, not a countywide average.
Flexibility

Vacant, Occupied, or Mid-Renovation: Sold Exactly as It Sits

Commercial buildings often come to market mid-story: a gutted storefront ready for redevelopment, a building with tenants still in place, or property tied up in settling an estate.

Auction works with the building as it actually is on the day you sign, not the day it would need to be "market ready." That includes commercial property passing through probate or trust administration: see the Probate & Estate Sales page → for how that process works.

Included

What Your Commercial Property Auction Includes

  • Professional photography and, where useful, drone/aerial video of the building and site
  • Property signage at the road
  • Listing on the Auction Ohio Real Estate platform and the MLS
  • Scheduled site visits and private previews
  • Targeted marketing to investors, owner-operators, and redevelopment buyers
  • Direct mail and email marketing to the registered bidder database
  • Full disclosure package: zoning, existing leases, and any known building conditions
  • Coordination with co-listing agents and their buyers
All of it at no cost to you.

You pay no commission and no marketing fees: commission is collected as a buyer's premium added to the winning bid. Standard closing costs still apply, the same as any commercial sale in Ohio.
Proof

Recent Commercial & Mixed-Use Results

Real buildings, real outcomes, across Central Ohio.

1338–1342 W Broad Street, Columbus, OH

Commercial & Mixed-Use, Apartments Above Retail · Franklin County

Reserve
$80,000
Sold For
$231,550

First-floor retail space with unfinished apartments on the second floor, a mixed-use building that drew buyers pricing in both the storefront and the residential upside.

788–792 Sullivant Ave, Columbus, OH

Commercial & Mixed-Use, Three Storefronts · Franklin County

Reserve
$10,000
Sold For
$88,825

A gutted brick storefront building (three separate addresses under one roof, previously a pizza shop and a bar) sold to a buyer bidding on redevelopment potential rather than existing improvements.

See All Auction Results →

FAQ

Commercial & Mixed-Use Property Auction FAQ

Can I sell a vacant commercial building at auction in Ohio?
Yes. Vacant storefronts, mixed-use buildings, and small commercial sites all sell well at auction. The property is marketed for a set period, bidders compete on a scheduled auction day, and the sale closes on a fixed date, typically 30–45 days later.
What if the building has existing tenants or leases?
Occupied and leased commercial property can be sold at auction with the leases and rent roll disclosed to bidders up front, the same as it would be in a traditional commercial sale.
Will I get less money selling commercial property at auction than by listing it?
A listing asks one buyer to accept your number and negotiate down from there. An auction asks every interested investor, owner-operator, and redevelopment buyer to compete against each other, with the price set by the market on auction day rather than a single negotiation.
Do I need an environmental assessment before selling?
Not to sell: any known environmental conditions are disclosed to bidders up front as part of the standard disclosure package, and buyers can order their own assessment during the marketing period if they choose.
Can a building with multiple storefronts or units be sold as one property?
Yes. A single building with multiple storefronts or units is typically sold as one property, with the subdivision or multi-tenant potential highlighted in the marketing rather than split into separate sales.
Do buyers need financing pre-approval to bid?
Buyers may use financing to close, but what auction removes is the financing contingency: the winning bidder signs the purchase agreement and deposits earnest money the day of the auction, with no option to back out if their loan falls through.