Bar & Neighboring Pizza Shop

Auction in 1452 Lake Rd, Lakemore Ohio, United States

10 Tuesday
December 10th, 2019 6:00 PM
Kiko Auctions
Phone: 330-453-9187

Bar & Neighboring Pizza Shop

Auction in 1452 Lake Rd, Lakemore Ohio, United States

Tuesday at - 10th December , 2019

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Auction Items For Sale

Bar & Neighboring Pizza Shop W/ 2-Bedroom Apartment
Absolute auction, all sells to the highest bidder on location:

Real estate features 2 commercial buildings on 1 large lot in Lakemore Township. The bar is a block building built in 1966 featuring 2 bathrooms, and a newer roof. Current lease income is $650/month. Lease has expired but tenant desires to stay.
The neighboring pizza shop is currently vacant and features a half bath on the main level. Upstairs has a 2-bedroom, 1 full bath apartment. Seller was receiving $550/month income from the apartment. Updated breaker electric and a gas FA furnace for each unit. Large parking lot between the 2 buildings is included in the auction.

NOTE: Buildings will be sold together and not offered separately. Open for viewing 1 hr. prior to auction. Great opportunity come prepared to buy!

Real Estate Terms: 15% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price, which goes to the seller. 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.