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Specializing in the sale of
Real Estate at Public Auction

Twinsburg 4,768 SF Office Condo Regardless of Price!

More Information

This property will sell regardless of price, via Online Bidding, to the highest bidder.

The subject property is currently utilized for medical and general office purposes. Per the county, there are three condominium units. However, the units have been combined to create two lower level units and a second floor unit. The first floor medical office unit is configured with a reception/waiting area, three exam rooms, a lab, private offices, a file room, a break room, two half baths and a storage room which provides access to the second unit on this level. The first floor office unit is configured with a waiting room, a break room and an open office area. The second floor office unit is configured with three private offices, an open area, a break room, a half bath and a closet. Finish includes a mix of tile, vinyl and/or carpeted flooring, painted drywall walls and a mix of painted drywall and/or acoustical drop tile ceilings with recessed fluorescent lighting fixtures as well as decorative wall sconce lighting fixtures.

Plenty of parking and easy ingress-egress. There is a beautiful pond between the building and Ravenna Rd. Most recent bank appraisal was $210,000. Summit Co. tax appraisal is $330,320.

Condo fees are $690 per month. Taxes per year are $8,200.

A title search is currently being conducted to determine the exact amount of delinquent and current taxes that the new buyer will be assuming as well as delinquent condo fees. This website will be updated with that information.

Annual Taxes: $ 8,200


Property Map


LEAD AUCTIONEER

Barry Baker
Email Barry

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


Basic Terms:

Sells Regardless of Price to the Highest bidder with no minimums or reserves. 10% down by 5pm 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. There will be NO tax proration of past or current taxes. The buyer will be assuming all delinquent and current taxes and delinquent condo fees. The total of which as of April 18 (closing date) is approximately $34,077 ($29,217 for taxes and $4,860 for condo fees). Buyer pays all closing costs. Limited warranty deed given at closing. The buyer will be able to buy title insurance at the closing.

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 form attachment. Please call Auctioneer to schedule all showings.

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