1-877-BID-OHIO (243-6446) 

Specializing in the sale of
Real Estate at Public Auction

MULTI-PAR AUCTION - 6 COMMERCIAL PARCELS

More Information

Own this entire corner in rapidly growing area of Cleveland.  May be the next W 65th, who knows.  All parcels are open for business and making money.  Coffee shop is highly visible on corner with large room in back, conference room above and apartment above in back.  Next door is a transmission shop with two large lifts installed.  Convenient store anchors opposite corner with four apartments above.  Rents for buildings including boxing gym next door >$5,000 per month.  Body shop building is grandfathered in and new licenses are nearly impossible to get.  Huge potential in this neighborhood to grow this business.  Two empty lots sit next to body shop, making room for expansion or as parking lots for customer cars. 

Parcel numbers:  005-14-076, 005-14-077, 005-14-011, 005-14-012 & 005-14-013

Lot Size: SIX PARCELS WILL BE SOLD INDIVIDUALLY, THEN AS WHOLE. HIGHEST SALE PRICE IS WINNING BID.


Property Map


LEAD AUCTIONEER


DIRECTIONS:

Exit I-90 at West Boulevard, heading south.  At Lorain Road, turn right (west) and proceed two blocks to intersection of Lorain @ W 104th.  All five properties are located adjacent to each other on both sides of the intersection (north side of Lorain).


Basic Terms:

Sells Regardless of Price to the Highest bidder with no minimums or reserves. 10% down by cash or check which will become your non refundable deposit. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Short tax proration. Buyer pays all closing costs. General warranty deed given at closing with no liens or back taxes.

Deposit and Closing:

CLOSE THROUGH CLEVELAND HOME TITLE, WESTLAKE OH.  MR RON PEYTON  216-920-0300.  CMT HAS ALREADY DONE THE TITLE SEARCH AND EVERYTHING IS GOOD TO GO.  MUST CLOSE WITHIN 30 DAYS, CASH AT CLOSING.  NOT CONTINGENT UPON FINANCING.  10% OF WINNING BID MUST BE DEPOSITED ON DAY OF AUCTION AS NON-REFUNDABLE DOWN PAYMENT - SEE TERMS OF CONTRACT.

Realtor Participation:

Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.

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