REAL ESTATE AUCTION featuring ON SITE and SIMULCAST ONLINE BIDDING!! Online Bidding Opens - Monday, July 7, 2025. Live On Site Auction - Wednesday, July 9, 2025 at 11:00 AM. List price is opening bid only. LIVE Auction Bidders a $100,000 deposit, payable by cashiers check, will be required of the purchaser at time and place of sale. ONLINE Auction Bidders a $100,000 deposit, payable by cashiers check or wire, will be required of all online bidders prior to the start of the live auction. 5810 Ritchie Highway, also known as 5808-5812 Ritchie Highway and a parcel on Camrose Avenue, comprises three tax records with a total of 1.266 acres of land and over 28,000 square feet of gross building area. The property was formerly used as a motor cycle dealership known as Cycle World and a motel. The front of the property, 5808-5812 Ritchie Highway, features both buildings, C-4 zoning, two curb cuts on Ritchie Highway, turn lane at Camrose Avenue and use in common access to Hammonds Lane. Traffic exposure at the site is exceptional, with a traffic count of 38,570 cars per day (AADT). The rear of the property comprises 0.323 acre of land along Camrose Avenue and Lednura Road.
The auction provides an exceptional opportunity to purchase a high exposure site with a variety of potential uses and development strategies. Whether intending to renovate or repurpose the existing structures, or start fresh with a totally new development, the site provides incredible exposure and exceedingly convenient consumer access from the surrounding area.
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