This is a foreclosure Auction. Opening bid is $107,112. These sold new for $320,000 before they were improved on the inside. Each commercial condo was built in 2007 and have 1,940 SF for a total of 3,880 SF. Each unit has a front and back man door as well as a nice overhead door in the back. Perfect for any kind of service industry or light warehousing. This is the flex space you have been looking for.
Annual Taxes: $ 6,626 including assesments
LEAD AUCTIONEERBarry Baker
From downtown Mentor, go North on Center St. for 1.2 miles to Right on Tyler Boulevard for 2 miles. Property will be on your right.
or from OH-2 (Lakeland Fwy) go South on Heisley to Right on Tyler Boulevard.
This is a Foreclosure Auction ordered by a Lake County Common Pleas Judge. The foreclosure process clears all liens and encumbrances on the subject property. The property sells with a minimum opening bid of $107,112. If the auction is a live on-site auction the high bidder will immediately write a check for 10% of the high bid as a non-refundable deposit which will apply towards the total purchase price at closing. The real estate is sold As Is with no contingencies. All inspections must be done prior to Auction. Close within 30 days of court confirmation. No contract is signed after the auction. A one page buyer information form is the only document that is required by the court. See document section of www.OhioSheriffSales.com for the form. A 10% buyer's premium will be added to the high bid to obtain the final contract selling price. Buyer pays all closing costs. Sheriff' deed or equivalent given at closing with no liens or back taxes.