Fields-Sweet Elementary School building and all associated land will be sold at public auction October 4, 2017, subject to School Board approval of high bid. 18,078 sq feet inside the buildings and approx 6.56 acres of land on Root Road. BUILDING AND PROPERTY WILL BE TRANSFERRED TO NEW OWNER UPON CLOSE OF SCHOOL PRIOR TO MOVING TO NEW FACILITY. THIS IS ANTICIPATED TO BE IN LATE DECEMBER OR EARLY JAN 2018. CLOSING WILL TAKE PLACE WITHIN 30 DAYS AFTER AUCTION, WITH POSSESSION TRANSFERRED AT A LATER DATE TO BE DETERMINED.
Lot Size: 18,078 sq ft on 6.56 acres for school property. See description for potential additional acreage.
Annual Taxes: $ to be determined.
LEAD AUCTIONEERJohn C. Froelich
From I-20 or OH Turnpike, take Lorain Road WEST approx 1.5 mi to the intersection of Root Road. Turn RIGHT school property is immediately on the left.
Sells to the Highest bidder subject to approval of the School Board. 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:
Ohio First Land Title Agency
Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.