Commercial real estate, and misc.

Address

950 s. Ellsworth Rd., Salem, OH 44460

Auctioneer

Basinger Auct.

Date

Wed., September 24, 2014

Time

Starting at 1:00pm

www.BasingerAuctions.com

SALEM COMMERCIAL

REAL ESTATE AUCTION

Wed., Sept. 24, 2014 at 1 pm

950 S. Ellsworth Rd., Salem, OH 44460

From the intersection of East State Street (Rt. 14) and Ellsworth Road,

go S 1/2 mile on S Ellsworth Rd, across RR tracks, to site.

www.950SouthEllsworth.com

The subject property, located next to an Ohio Edison substation,

consists of a 1.269 acre parcel of land improved by a 14,820 SF brick

building w/approx 3000 sf of office space with the balance in light

industrial mfg. and warehouse space. This building has a 400 amp,

480v electrical system, sprinkler system, 5 overhead doors (2) 12'x

13', (2) 10' x12' and one 9' x 9' dock door, plus walk-in doors. An

asphalt parking lot connects this building to a 4584 SF, L-shaped steel

and concrete block building, 130' x 85' X 24' wide, constructed of 20'

bays, metal pitched roof and siding, with (4) 10'x 10' openings (2 with

sliding doors). There is a 24'x 24' office area with concrete block walls

in this building. A chain link fence & gates enclose the property from

the building and along the property lines. There are some leaks in the

flat roof of the brick building that will need repaired, it is a well

constructed building with lots of potential uses. It is available at a Buy-

It-Now price PRIOR TO AUCTION of $60,000 plus a 10% Buyers

Premium of $6000 for a contract price of $66,000 with a down

payment of $7500, balance due at closing within 30 days. Seller will

carry financing on up to 75% of the purchase price for a period of not

more that 3 years. Call for terms. This property is ideal for mfg,

warehouse, distribution, construction company, or storage facility.

PREVIEW: Wed., Sept. 10th: 11 am – 1 pm

Real Estate Brokers & Auctioneers:

J. Paul Basinger, Julie A. Cerneka

11120 Market St.

North Lima, OH 44452

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