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Real Estate at Public Auction

Marion Light Industrial Warehouse

More Information

Opening bid is $117,000. Previously "Marion Industrial Electrical Supply".  3 story brick commercial light industrial loft space plus a detached garage. 26,409 total usable square feet. The first floor has office, retail and light manufacturing area, private offices and a foreman's office. The second and third floor are used for warehousing and are accessed by a freight elevator plus a small personal elevator and stairs. The upper levels have a massive amount of built in wooden shelving.  Ample parking for at least 20 vehicles. The detached garage has 2,250 SF with a man door plus an overhead door. Could be great for general repair shop or storage. Bathrooms on level one and two of the main building. The overhead crane will not convey with the real estate. All personal property will be sold at online auction. See ThompsonAuctioneers.com for full details. Many potential uses for this property or re-development.

Lot Size: 116x165 lot

Annual Taxes: $ 2,781


Property Map


LEAD AUCTIONEER

Barry Baker
Email Barry

W: 937-581-3037
F: 614-635-3474


Basic Terms:

Sells with an opening bid of $117,000. 10% down by wire or direct deposit by 5pm the day of Auction 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:

Nova Title Agency, 440-600-5550, smannarino@novatitleagency.com

Realtor Participation:

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

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