More Information
ONLINE ONLY REAL ESTATE AUCTION
Bidding will start at $150,000
Bidding Ends: Thursday May 21st @ Noon
PROPERTY ADDRESS: 555 Youngstown Warren Rd. Niles OH 44446
Trumbull County Parcel ID: 24-282300
Description (PLEASE READ)
555 Youngstown Warren Road presents a rare opportunity to acquire a high-visibility commercial property on approximately 5.33 acres along the heavily traveled Route 422 corridor in Niles, Ohio. The property includes approximately 6,588 square feet of existing warehouse, shop, and office space, with public and prior online marketing data indicating a former auto/truck service use with 3 offices, 2 restrooms, and multiple overhead doors, including two 14-foot doors and one 8.5-foot door. The Trumbull County Auditor reflects a 1961-built storage warehouse configuration, plus a cell tower equipment building and fencing on site.
Positioned for commercial users, contractors, service operators, storage-oriented businesses, or redevelopment-minded buyers, this site offers strong frontage, excellent visibility, and flexible utility in an established commercial corridor. Online sources have also previously referenced a gas well on the property. The property has been vacant for an extended period, making it a value-add opportunity for buyers looking to reposition, improve, or repurpose a well-located asset with built-in infrastructure already in place.
I would recommend all prospective buyers perform their own due diligence regarding zoning, current permitted uses, lease terms, utility availability, and condition of all improvements. Trumbull County notes zoning is handled at the local township level, and Weathersfield Township maintains zoning administration for the area.
Lot Size: 5.33 Acres
Annual Taxes: $ 3,600 (Approx)
Property Map
Basic Terms:
Sells subject to a minimum bid of $150,000. A 10% down payment is due by cash or check and will become your non-refundable deposit. The real estate is being sold As Is with no contingencies. All inspections must be completed prior to the auction. Closing shall occur within 30 days. A 10% buyer’s premium will be added to the high bid to determine the final contract sale price. Short tax proration. Buyer shall pay all closing costs. A general warranty deed will be conveyed at closing, free and clear of all liens and back taxes. By bidding, you are agreeing to the terms and conditions of the sale as provided to you within the sample purchase contract.
Deposit and Closing:
Close within 30 days using Associates Title Inc. 614.222.2123
Realtor Participation:
Realtor showings and cooperation are encouraged. For full compensation instructions, see & complete Realtor Registration form attachment. Please call Auctioneer to schedule all showings.