Medina Cut Stone Inc. - 4 Acres With 3 Buildings | Medina, OH | KIKO Auctions and Auctioneers
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1 301 N State Rd
Medina, OH 44256
2 N State Rd
Medina, OH 44256
3 307 N State Rd
Medina, OH 44256

Medina Cut Stone Inc. -
4 Acres With 3 Buildings

Wednesday, October 1, 2014 - 12:00 PM   -   Real Estate Sells at: 12:00 PM
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Medina Cut Stone Inc.
4 Acres With 3 Buildings
Zoned L-1
To Be Offered In 3 Parcels
Medina, Ohio
Also Selling: Stone Eq. - Inventory & Office Fixtures
Absolute auction, all sells to highest bidder on location
301-307 N State Rd, Medina, OH 44256
Directions: From the Square of Medina go west on SR 18 to State Rd. then north a third of a mile to auction.
Real estate comprises of 4 acres - corner parcel with frontage on State Rd. and Progress Rd. - land lays level. Improvements include a modern 1,776 sq. ft. retail showroom bldg. w/kitchen & bathroom, finished out in granite and various types of stonework. Bldg. is handicap accessible, gas Heat, central A/C, quality built move-in condition. The 4,120 sq. ft. block constructed bldg. w/2 ton overhead crane & 3 ph. elec., has an attached 5,000 sq. ft. steel free span bldg. w/15 ft. ceilings and several overhead garage doors. Previously used for manufacturing, warehouse and large truck storage. The final bldg. is an authentic 1845 historical railroad passenger train depot, which was moved onto this property and placed on a new foundation and renovated into the corporate offices for Medina Stone Co. This is a one of a kind unique property. A must see! Looking to expand your present business, start a new one or just invest in quality industrial zoned real estate in the heart of Medina. Real estate to be offered as follows:

PARCEL #1: Approx. 1 acre w/modern stone bldg. and parking lot. Tax ID#029-19A-16-010. Current taxes $1,572.13, Zoned Industrial (L-1).

PARCEL #2: 1.77 acres vacant land, frontage on State Rd. and Progress Rd. Zoned Industrial (L-1), sewer, water, and gas available - Tax ID#029-19A-16-009 & 029-19A-16-036. Current 1/2 yr. taxes $630.97.

PARCEL #3: 1.3 acres corner parcel - manufacturing/warehouse bldg. Authentic RR Depot bldg./office - tax ID#029-19A-16-008, 029-19A-16-007 & 029-19A-16-035 - Zoned Industrial (L-1) - current 1/2 taxes $1,993.36.
Parcels will be offered separate and together and will sell the way it brings the most.

ALSO SELLING AFTER REAL ESTATE: (2) Ty-Sa-Man 10 ft. stone saws, 14” & 30” blades - (3) cut off saws - marble polisher - Core drill - (2) air compressors - other related tools & accessories - business sign with stone base - misc. office equip. fixtures & furniture - marble board room table - onyx board room table - granite back bar - granite executive desk - tons of inventory including: sand stone & limestone, some granite & marble - approx. 50 head stones. Anything could turn up. Plan to attend, bring your truck, help and loader.
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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.
Chattel Terms
Cash, Check, Visa, or MasterCard with proper ID auction day. 14% buyer’s premium on all sales, 4% waived for cash.
Auction By Order Of
Timothy Loushine, Karen Fiegland & Tom Decker
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Auction Team
Peter R. Kiko
Peter R. Kiko,
330-455-9357 ext 128

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