JAMESTOWN WAREHOUSE & HOME
Great Investment Property
Ended: 10/26/20 at 3:00 PM EDT
2 JAMESTOWN PROPERTIES
2-Family Home ♦ 10,000 SF Warehouse
Selling via Multi-Parcel Auction
Timed Online Bidding Ends October 26
Location: 25 & 27 S Limestone St (SR 72), Jamestown, OH. From the intersection of Limestone (SR 72) and Washington (Old US 35) Streets, go south on S. Limestone.
Tract 1: 2-family home on south end of Jamestown, including downstairs apartment with 3 bedrooms & 2 baths & approximately 1500 SF and upstairs apt with 1 bedroom and 1 bath.
Tract 2: Block construction commercial building with over 10,000 SF area, including office space and additional space in a partial basement. Lots of possibilities for business or storage.
Bid on either tract individually or both as a package!
Click “Online Bidding” link to register and bid!
Open House: Mon ♦ Oct 19 ♦ 4-5:30 PM
Real Estate Sale Terms
Bidding Procedure: The property sells to the highest bidder(s) via Multi-Parcel Timed Online Auction subject to Seller’s confirmation.
Timed Online Bidding: All bids will be placed using the online bidding portal. See additional online bidding terms at bidding portal
Acceptance of Bid Prices: The successful bidder(s) will sign Confirmation of Sale Agreement(s) within twenty-four hours after the close of bidding.
Down Payment: Purchaser(s) will deposit with Auctioneer earnest money of $5,000 per tract within forty-eight hours after the close of bidding; balance due at closing. Bidding IS NOT CONDITIONAL UPON FINANCING.
Real Estate Taxes: Taxes will be prorated to date of closing using long proration method.
Closing Date: On/before December 4, 2020. Purchaser will pay customary portion of closing costs at closing.
Possession: Date of closing with month-to-month tenants in possession of residence rights reserved to complete their month’s occupancy at end of month closing.
Agency: Sheridan & Associates, Auctioneers, Real Estate Broker, Appraisers, LLC and its representatives are Exclusive Sales Agents for the Seller.
Disclaimer and Absence of Warranties: All information contained in this brochure and all related materials are subject to the terms and conditions outlined in the Confirmation of Sale Agreement. Announcements made by the Auctioneer at the time of the Auction will take precedence over any previously printed or oral information. The property is sold on an “AS IS, WHERE IS” basis, and no warranties or representations, either expressed or implied, concerning the property are made by the Seller or the Auction Company. Each bidder is responsible for conducting his/her own independent inspections, investigations, inquiries, and due diligence concerning the property. The information contained in this brochure is believed to be accurate, but is subject to verification by all parties relying on it. Neither the Seller nor the Auction Company assumes liability for its accuracy, errors, or omissions. Conduct at the auction and increments of bidding are at the direction and discretion of the Auctioneer. The Seller and the Auction Company reserve the right to preclude any person from bidding if there is any question as to the person’s credentials, fitness, legal capacity, etc. All decisions of the Auctioneer are final.
Note: 0.2-acre parcel immediately to south of warehouse structure (coded red in aerial photo) is owned by a neighbor, but will transfer from that owner to the contracting purchaser for no additional consideration as part of this transaction.
W. S. CARLILE & SONS