More Information
ONLINE ONLY REAL ESTATE AUCTION
Sells With an Opening Bid of $100,000
Bidding Ends: Wednesday Thursday December 4th @ NOON
PROPERTY ADDRESS: 1516 S Lincoln Ave, Salem OH 44460
Columbiana County Parcel ID: 51-00137.000
Description (PLEASE READ)
Prime Commercial Corner – 4,680 SF Building
Lot Size: Approx. 0.47 acre
Building Size: Approx. 1,680 sq ft
Zoning: C-2 General Commercial
Highlights:
- Strategically located on a visible corner lot facing South Lincoln Avenue and Southeast Boulevard with strong traffic exposure and easy access.
- Versatile layout: finished office entry with foyer/reception, two private offices (10×14 & 16×18), large conference room (18×28), half-bath, and crew room (16×20) with kitchen and full shower bath.
- Two large shop spaces: 28×48 north end with dual overhead doors (10×10 & 10×12), radiant gas heat and 200 A electric; 30×48 south end with one overhead door (10×10) and 200 A electric — ideal for manufacturing, vehicle repair, fabrication, or warehousing.
- Durable block construction with steel roof, adaptable to a wide range of commercial uses.
- Excellent value and opportunity: competitively priced in a market where flexible commercial/industrial space is increasingly hard to find, especially on nearly half an acre of land.
Possible Uses: Office + warehouse/fabrication hub, automotive service/repair center, contractor yard with shop space, light manufacturing, logistics hub, or investor redevelopment.
Call to Action: Don’t miss this rare opportunity to acquire a turnkey commercial asset with exceptional visibility and built-in infrastructure in Salem.
Lot Size: 0.47 Acres
Annual Taxes: $ 1,700 (Approx)
Property Map
Basic Terms:
Real Estate sells subject to an opening bid of $100,000. A 10% Non-Refundable deposit will be collected from the winning bidder the day of Auction no later than 5pm. Deposit instructions will be given to the winning bidder. 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. The Buyer pays all closing costs. A marketable, insurable deed will be given at closing with no liens or back taxes.
Deposit and Closing:
Closing will take place within 30 days using Associates Title Inc.
Realtor Participation:
Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.