Portsmouth OH Historic Mansion Absolute Auction
Listing ID#: 909942
| Sale Location |
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605 Front Street Portsmouth, OH 45662 |
| Sale Dates and Times |
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Thursday Dec 10, 2:00 pm |
| Sale Type |
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  Live with Online Auction
VIEW ONLINE CATALOG |
| Company Information |
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Auction Ohio Contact: Chris Davis Phone: 614-846-3300 Email: chris@auctionohio.com Website: www.AuctionOhio.com EstateSale.com ID#: 8351 View company information and listings |
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| Listing Terms and Conditions |
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The following is a summary of the Terms and Conditions for this auction for real estate situated at 605 Front Street & 613 Front Street, Portsmouth, OH 45662 (Scioto County Parcel #'s: 290338000, 290340000, 290339000 & 290708000) (the "Property"), being sold on 12/10/2026 (the "Auction").
The undersigned Bidder agrees to abide by the Terms and Conditions of the auction and will execute the real estate purchase agreement. If you have not read and reviewed the Terms and Conditions, do not bid. In connection with the Terms and Conditions, and without limiting the same, Bidder understands the following: 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 as posted on the Documents tab and tender a NON-REFUNDABLE Earnest Money deposit of 10% of final bid 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 relisting 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 01/11/2027. 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 executing this document, the Bidder acknowledges receipt of the Terms and Conditions and agrees to purchase the property if they are the highest bidder. In the event the Buyer fails to act in accordance with the Terms and Conditions, the Seller and/or Auctioneer reserve the right to commence proceedings to recover actual damages, including reasonable attorney fees, and may also ban the Buyer from participating in future auctions. |
| Listing Information |
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ABSOLUTE REAL ESTATE AUCTION | PORTSMOUTH, OHIO | NO RESERVE 605 Front Street & 613 Front Street, Portsmouth, Ohio 45662 LIVE & ONLINE AUCTION: THURSDAY, DECEMBER 10, 2026 AT 2:00 PM ET | ONLINE BIDDING OPEN NOW A historic Federal-style mansion and its adjoining vacant lot in Portsmouth's Boneyfiddle Historic District sell absolute to the highest bidder, with no minimum and no reserve. The property sits directly across from the main entrance to the newly completed $34.2 million Portsmouth Riverfront Development, home to a 4,000-seat amphitheater, a 60-pad RV campground, Alexandria Point Park, a fishing pier and a 3-mile walking and biking loop. Phase two, a $40 million boat dock and maritime support facility, is expected to be finished in mid-summer 2027. Believed to date to 1835, the mansion was once the home of iron baron Thomas G. Gaylord, owner of the Gaylord Rolling Mill. It faces the Portsmouth Floodwall Murals and is two blocks from Shawnee State University and the Vern Riffe Center for the Arts. Downtown zoning allows a wide range of uses: hospitality and lodging (B&B, boutique hotel or short-term rental), restaurant, bar or café, residential, retail, services and recreation. The two parcels are offered individually or combined, so bidders can compete for either parcel or both together. PROPERTY HIGHLIGHTS: CONVENIENTLY LOCATED: OPEN HOUSES: AUCTION INFORMATION: Historical information was gathered from public records and local sources believed to be reliable but is not guaranteed. Buyers should verify historical details independently. FOR MORE INFORMATION: Mark Euton & Chris Davis | Auction Ohio |
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