School building is 41,526 SF of space on over 7 acres of land right in the heart of Turkeyfoot Lakes recreational area. On Turkeyfoot Lake Road just down the street from restaurants, bars, boat dockage and the Turkeyfoot Golf Course, this property has the potential to become a variety of uses.
CLICK ON YELLOW LINK BELOW TO SEE ONLINE AUCTION SCHOOL CONTENTS!
City of New Franklin Building & Use Code manual is attached for viewing prior to the auction. A wide variety of conditional uses are available so that new plans for the building will only need to be submitted and approved by the Building Commission.
Come see the building during the only two open house dates which are Monday Nov 14th and Wednesday Nov 16th from 2-4pm both dates.
Bidders may also contact auctioneer John C Froelich, CAI for scheduled inspection by appointment.
Bidders MUST be pre-registered to bid 48 hours prior to the auction by contacting acutioneer at 440-454-1121 and registering with him. A $10,000.00 deposit will be REQUIRED from all bidders in order to register to bid prior to the auction. A 10% Buyers Premium will be added to the highest bid to establish the final sale price.
Please download and review the Contract to Purchase at Public Auction from this site and be familiar with all of the terms and conditions.
Lot Size: building is 41,526 SF lot is approx 7+/- acres.
Annual Taxes: $ unknown
Sells based upon seller's acceptance of the high bid. 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. Quit claim deed given at closing with no liens or back taxes.
Deposit and Closing:
All bidders must come with photo ID and be prepared to place a $10,000 deposit prior to bidding at the auction. Property will close through Ohio First Land Title Agency, LLC. Contact Andrea J. Robinson at 440-365-2800 after auction.
Realtor showings and cooperation are encouraged. For full compensation instructions, see Buyer Broker form attachment. Please call Auctioneer to schedule all showings.