Commercial Real Estate Auction
Location: 233 Lafayette Rd. Medina, Ohio 44256. Directions: From the SR 3 south of the Square in Medina take Lafayette Rd west to location
Wednesday September 26, 2018
12:00 Noon
Open for Inspection: Monday Sept 10th 4 PM.
Registration for Online bidding will OPEN on September 11th
Property Description: After serving the local area for over three decades, Hawkins Market on Lafayette Rd. has closed. This nice, well maintained building has 18’ceilings, 3 auto-leveling loading docks, New TPI roof in 2012, and is Zoned C2; so as many uses as fall into this zoning category are the possibilities here! This building has the potential for multi-unit spaces. The property has frontage on Lafayette Rd, S Huntington St and S Elementary St. There is also an out lot that adds to the possibilities of this property. The population of nearly 10,000 people within a mile makes this a very attraction location! Former use was a grocery store with meat/deli counter, bakery/ovens, produce area and was in operation until about 1½ years ago. The equipment and shelving presently at the store will be included in this auction, so should you wish to go into the grocery business, most of the items you’ll need are here, including Generator, cardboard baler, Hussman coolers-freezers-shelving, walk-in coolers and more. The sprinkler system is intact as well. 172 parking spaces provide ample parking for this property. The property has an assessed value of approx. 1.7 million but will sell to the high bidder, so be prepared to bid what the property is worth to you! Stop by on Inspection date, or call us for a private tour, or with questions.
Terms: 10% Nonrefundable down payment auction day, with the balance at closing within 30-45 days. No Contingencies! Any inspections must be completed prior to bidding. Bank letter will be requested to obtain a bidder number. All information derived from sources deemed reliable but not warranted. A 10% Buyers Premium will be added to the final bid price to determine the contract price. Announcements auction day will take precedence over printed material.
Legal: PPNs 028-19C-05-140 and 141 and 142. City of Medina. Medina County Ohio.
Live and online bidding available.
Auctioneer’s note: The auction will be conducted LIVE from the Medina Hawkins Market building located at 233 Lafayette Rd. Medina, Ohio 44256 and SIMULCAST via BIDWRANGLER online bidding. We are happy to offer online/simulcast bidding for bidders who cannot physically attend the live auction event. Neither the Auctioneer nor the Seller shall be responsible for any failure of any electronic or internet systems to accept or register a bid. Registered bidders must create a password that prevents others from using their account. Bidders are responsible for ALL bids placed under their name and password. While the auctioneer is receiving bids from an assembled audience, the auctioneer is also taking bids from bidders who are bidding through the third-party providers in real time or by advance bidding. Following the auction, the successful bidders are notified and payment arrangements are made; a 10% Buyers Premium will be added to the final bid price to determine the contract price. Down payment in the form of wire transfer is expected within 24 hours after hammer drops. In order to be approved for an online auction, Kaufman Realty & Auctions and the auctioneer requires a Bank letter of payment guarantee submitted no later than 12-noon on September 25, 2018.
Realtors, licensed agents and brokers are encouraged to participate in the auction process. Broker Participation Fee will be offered to a real estate agent that introduces and pre-registers a successful buyer of real estate at auction. This fee is not available for any prospective buyer that was not introduced to the property by the realtor (such as neighbors, relatives, or those who had prior contact with us). Other conditions apply. Pleas fill out attached referral form and email it Jake Schlabach or Pedro Guzman.
KAUFMAN REALTY& AUCTIONS Auction by order of:
866-782-8172 www.kaufmansale.com Hawkins Markets Inc.
PEDRO GUZMAN REALTOR
330.763.1424 [email protected]
DAVE KAUFMAN BROKER/AUCTIONEER
JAKE SCHLABACH REALTOR/AUCTIONEER
330-763-0889 [email protected]
Terms: 10% Nonrefundable down payment auction day, with the balance at closing within 30-45 days. No Contingencies! Any inspections must be completed prior to bidding. Bank letter will be requested to obtain a bidder number. All information derived from sources deemed reliable but not warranted. A 10% Buyers Premium will be added to the final bid price to determine the contract price. Announcements auction day will take precedence over printed material. Legal: PPNs 028-19C-05-140 and 141 and 142. City of Medina. Medina County Ohio.
Live and online bidding available.
Auctioneer note: The auction will be conducted LIVE from the Medina Hawkins Market building located at 233 Lafayette Rd. Medina, Ohio 44256 and SIMULCAST via BidWrangler online bidding. Neither the Auctioneer nor the Seller shall be responsible for any failure of any electronic or internet systems to accept or register a bid. Registered bidders must create a password that prevents others from using their account. Bidders are responsible for ALL bids placed under their name and password. While the auctioneer is receiving bids from an assembled audience, the auctioneer is also taking bids from bidders who are bidding through the third-party providers in real time or by advance bidding. Following the auction, the successful bidders are notified and payment arrangements are made; applicable buyer’s premium applies. Down payment via wire transfer is expected within 24 hours after hammer drops.