6-Unit Commercial Building | Lorain , OH | KIKO Auctions and Auctioneers
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6-Unit Commercial Building

Friday, August 25, 2023 - 12:00 PM   -   Real Estate Sells at: 12:00 PM
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Investment Opportunity!!
6-Unit Commercial Building
Zoned B-2 Commercial Business
Lorain Co. – City Of Lorain
Live Auction With Online Bidding Available
Absolute auction, all sells to the highest bidder on location.
5360 Oberlin Ave., Lorain , OH 44053
Directions: From North Ridge Rd. take Oberlin Ave. north to property. Watch for KIKO signs.
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Mixed use commercial condo complex w/ 6 deeded condo spaces that have been converted to one interconnected space. Previously used as a restaurant and bar featuring multiple dining areas, kitchen, bar & two restrooms. 6 separate electric meters, gas F/A heat, central A/C. Zoned B-2 Commercial Business. Paved parking area. Brick & vinyl sided built in 1990 w/ approx. 3,920 total SF. Nice building adaptable for many uses. Convenient location! Public utilities. Parcel #02-02-005-700-013, #02-02-005-700-012, #02-02-005-700-011 #02-02-005-700-010, # 02-02-005-700-009, # 02-02-005-700-008. Half year taxes are $1,430.46.
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Real Estate Terms
10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Property to be sold as an Entirety and not to be offered in separate parcels.
Auction By Order Of
Snow And Chevy Property LLC
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Auction Team
Ashley M. Ritchey
Ashley M. Ritchey,
330-453-9187 ext 103
Eric Bevington
Eric Bevington,
330-455-9357 ext 168

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