COMMERCIAL REAL ESTATE AND PERSONAL PROPERTY
01/17/2007OFFICE BUILDING & BUSINESS ASSETS
01/17/2007
HICKS & THOMAS BUILDING
12800 Shaker Blvd.
Cleveland (Shaker Heights), OH 44120
ABSOLUTE AUCTION
- REAL ESTATE (Sells at 12:29PM)
- The Building. Built in 1950, the building is a two story masonry building with a finished lower level and contains approximately 25,470 sf. The two stories above ground contain approximately 19,935 sf with an additional 8,470 sf below ground. There are over 50 offices in the current configuration. The construction is of concrete with brick and sandstone trim on the exterior. The ceiling height varies from 10’ to 12’ and the roof is a 4 year old rubber membrane. Windows are transom style in metal framing and the lighting is mostly fluorescent. The property is serviced by single & 3 phase electric power and the heating plant is by a boiler forced air furnace with rooftop HVAC system. There are 6 restrooms within the building – 2 on each floor.
- The Site. The parcel contains approximately 28,302 sf with 38 parking spaces plus additional on street parking. The is approximately 157’ of frontage on Shaker Blvd and the rear of the property has additional frontage on Williams Ave. The site is above grade and fairly level. The site is not in a flood zone according to the Federal Emergency Management’s flood insurance map #390129, page 0003B, dated October 16, 1992.
- Other Information. Located across Shaker Blvd. from a Rapid Transit Station, the site is Zoned B-1 (General Business) which includes business offices and services, sale of baked goods, groceries, etc., sale of dry goods and variety merchandise, sale of books, magazines, etc., eating places, lunch rooms, restaurants, cafeterias, and places for the sale and consumption of soft drinks, juices, ice cream and beverages. The Cuyahoga County Auditor identifies the property as PID # 129-12-029.
- Leased Premises. Ownership has leased certain offices located within the building. The property will transfer subject to tenants rights.
No Minimum – No Reserve – No Starting Price
Any Delinquent Taxes will be paid at closing
Owners and Lenders will deliver an insurable title
- OFFICE ASSETS (Begins selling at 10:30AM)
- Office Furnishings. (Mostly Cherry & Oak finished Hon office furnishings)Desks (executive suites, manager, secretary, & computer); conference & sm. round meeting tables; bookcases; credenzas, file cabinets ( lateral & upright); chairs ( executive, desk, secretary, waiting, & stack); artificial plants, pictures; folding tables; storage cabinets; office panels; & business machines.
- Break room Equipment. 30 selection snack vendor; 8 selection cold drink vendor w/ bill changer; Kenmore refrigerator; Frigidaire electric range, & microwaves.
- Tools. Snow blower; lawnmower; seeder; leaf blower; table saw; workbench; 2 wheel dolly; extension ladders, and more.
Property information packets are available below in PDF or by calling 513-724-1133.
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