Lorain County High Visibility Commercial Lot Online Only Auction

Lorain County High Visibility Commercial Lot Online Only Auction

Bidding Ends Thursday, June 26th @ 5PM

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Location: The property is located on the southeast corner of US Route 20 and State Route 58, Oberlin, OH.

Real Estate: Entrepreneurs and commercial Investors, this .6-acre lot offers excellent visibility and accessibility with a multitude of business opportunities. Recent traffic counts by the Mid-Ohio Regional Planning Commission show more than 23,500 cars per day between these two main routes providing great exposure. From a coffee drive through, equipment lot, farmer’s market, retail storefront, or a professional service business, this location will allow you to capitalize on potential. The property has access from both US 20 and Kipton Nickle Plate Road, adding a great convenience factor. If you are in the market for an intriguing commercial property with great upside potential, this property will check most all the boxes. Flyers are available at the property.

Taxes: Lorain County parcel 1400016000006, Pittsfield Township, current annual taxes are $447.97 and will be prorated to the day of closing. In addition, the property has a $46.97 per year storm water assessment.

Terms: The successful purchaser will be required to deposit a 10% non-refundable down payment at the conclusion of the auction by ACH or wire transfer with the balance due at closing within 45 days. A 10 % buyer’s premium will be added to the final bid to determine the purchase price. Additional details are available at www.RES.bid.

Andy White - Jake White - Drew Turner - Seth Andrews, Broker