1-877-BID-OHIO (243-6446) 

Specializing in the sale of
Real Estate at Public Auction

Akron Machine Shop

More Information

Commercial and Industrial Real Estate.  To be Sold by Power of Attorney.  Online Only.  Go to Ohiorealestateauctions.com to bid online.

3,600 Square Feet of Industrial Real Estate.   Zoned, Light Industrial. Currently being utilized as a Tool & Die Shop.  The Tax Appraisal is $102,660, with Semi-Annual Taxes at $1,935.  The Property is being sold Subject to Confirmation of the Power of Attorney.  There is a 10% Buyer's Premium being added to the final bid amount to determine contract price.  A certified check in the amount of $5,000 will be due upon confirmation of Power of Attorney, and the balance due at closing within 35 days of the auction. 

Call Steve Thompson for Details of the Auction:  (937)609-6177. 

Machinery Auction Conducted by Thompson Auctioneers, Inc.  6/30/2020. 

Lot Size: .62 Acres

Annual Taxes: $ 3,870


Property Map


LEAD AUCTIONEER

stephen thompson
Email stephen

C: 937-609-6177
W: 9364268446
F: 937-878-6161

AUCTIONEER


Barry Baker
Email Barry

W: 937-581-3037


Basic Terms:

Sells subject to the Power of Attorney. 10% down payment is due by wire, bank transfer, or direct deposit into our JPmorgan Chase trust account or by credit card payment with a 4% surcharge. This amount will become your nonrefundable deposit. Contract signature and deposit must be made by 5 PM the day of Auction. 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. Fiduciary deed given at closing with no liens or back taxes.

Closing will take place with Ohio Title Corp. Tracy Furyes, tfuryes@ohiotitlecorp.com 440-772-0942

Bid increments are $100 up to a bid amount of $100,000 and become $1,000 after $100,000.

When you place a bid, you can either place the minimum required bid or you may place a "Maximum Bid". If you place a maximum bid and hit the submit button, a box will pop up explaining the process and the software will bid for you in the increments stated above. If someone bids within the final 5 minutes of the Auction, the ending of the Auction will be extended by 5 minutes until all bids have been placed.

Deposit and Closing:

Closing on or Before August 5, 2020.

Realtor Participation:

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