1-877-BID-OHIO (243-6446) 

Specializing in the sale of
Real Estate at Public Auction

Lorain Co. Previous Bank Branch 1 Block from Lake Erie

More Information

5 total parcels. Previously a bank branch. Possible drive up restaurant or coffee shop. Great visibility for a car dealership or many other uses. Corner property with frontage on 3 streets. Plenty of parking. Brick exterior. 3 drive thrus.

Lot Size: 160' Frontage on Lakeview Ave 121' Frontage on W. Erie Ave 133' Frontage on Madison Ave 2,833 SF plus 880 SF Canopy

Annual Taxes: $ 4,949


Property Map


LEAD AUCTIONEER

AUCTIONEER


Barry Baker
Email Barry

W: 937-581-3037


DIRECTIONS:

W. Erie Ave. is OH-6. The property is just West of OH-58 (N. Leavitt Rd.)


Basic Terms:

Opening bid is $30,000 to cover back taxes. 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 Real Estate Title, Inc. Veronica Brown, Closing Processor 1111 North Plum Street, Suite 9 Springfield, Ohio 45504 (937) 322-7333 Phone Email: vbrown@oret.com

Realtor Participation:

Realtor showings and cooperation are encouraged. For full compensation instructions, see Realtor Registration form attachment. Please call Auctioneer to schedule all showings.

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