COMMERCIAL REAL ESTATE

06/28/2010
10 E. 7th. St.
Ashland, OH 44805

ABSOLUTE OUT OF STATE LENDER OWNED AUCTION

175,000 sq. ft. Multi-use Building
Office/Manufacturing/Warehouse Facility

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06/28/2010
10 E. 7th. St.
Ashland, OH 44805

ABSOLUTE OUT OF STATE LENDER OWNED AUCTION

175,000 sq. ft. Multi-use Building
Office/Manufacturing/Warehouse Facility

This property is well located approximately ½ mile north of the downtown district of the City of Ashland, the county seat of Ashland County. The property contains two parcels totaling 2.68 acres improved with two buildings attached by a two story connector which runs over 7th St. The property was originally developed in 1900 with additions added in 1901 and 1947. According to the Ashland County Auditor, the buildings contain a total of 175,000 +/- sq. ft. with 130,483 sq. ft. above ground (1-3 stories) and 44,931 sq. ft. below grade. Included is approximately 16,000 sq. ft. of office space. The two buildings have four (4,000 lb. capacity) freight elevators and are serviced with a sprinkler system containing 1 wet riser and 9 dry risers (last inspected in 2006). They are constructed of a combination of concrete, concrete block, brick, and steel.

The property is zoned M-2, Heavy Industrial use and is serviced by water, sewer, gas and electric w/ step down transformers to 3 ph. and 220 service, plus a rectifier to convert to DC power for elevators. There are 5 dock doors and 2 drive-in doors. Also included are 2 parking lots. Although in need of some TLC, this property has many potential uses. Total annual real estate taxes are approximately $9,600.00. Ashland County PID #’s P430170006200 & P430170007200.

Selling to the highest bidder – Name Your Price
NO MINIMUMS – NO RESERVES

Property information packets are available below in PDF or by calling 513-724-1133.
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PROPERTY INFORMATION PACKET