1-877-BID-OHIO (243-6446) 

Specializing in the sale of
Real Estate at Public Auction

Sharon Center, Medina Co. Warehouse & Office

More Information

6,944 SF of Office, Warehouse and Equipment Yard in Sharon Center on 5.64 Acres. Online Only bidding. Previous home of  The Velotta Co. which was a General Contractor for highway and street construction. The property is perfect for a similar company or other suggested used would be a trucking terminal, heavy equipment rental and or storage, boat and RV storage, Semi and heavy equipment repair and many other uses. The property is located in the flood zone and average insurance is around $2,500 per year. 3 total buildings including the main office and warehouse plus 2 metal pole buildings. Year built is 1980. Ceiling height is 16 foot. Fenced yard. Plenty of parking. Tons of office space. All office equipment and personal property located at the property the day of closing will transfer at no charge. 5 total overhead doors. There are 2 loading ramps located in the middle of the yard area. Auditor value is $657,660. Lots of updates to the property. Move in at closing and set up shop!

Lot Size: 3 lots totaling 5.64 Acres

Annual Taxes: $ 11,831


Property Map


LEAD AUCTIONEER

Barry Baker
Email Barry

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


Basic Terms:

Sells with reserve. 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. General warranty 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:

Ohio Title Corp. Tracy Furyes, tfuryes@ohiotitlecorp.com 440-772-0942

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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