Offering TWO properties in this listing! Attention investors! Great downtown location with high visibility! Parcel #346000015306, 1219 West State St. is a blank slate, just waiting for your vision! Ample room for offices, retail, or restaurant space. Lots of potential! Currently vacant.Parcel #346000015305, 1221 West State St. is a charming duplex with 100% occupancy and long-standing tenants in both units. Bottom unit boast high ceilings and large rooms. Upper unit is filled with natural light and has a private entrance. Units are metered separately, and tenants pay all utilities. Additional parcels for sale (not included in this listing): 346000015303; 346000015300
This building offers dock height overhead doors as well as ground level doors. The inside of the building features offices, restrooms, led lighting, overhead fans, sprinklers and best of all no columns to hamper the movement of materials. Out parking features paved as well as stone.
Here is a note from the seller: My parents had a bowling alley with a lounge and event center on the southeast corner. We had a lot of lake traffic customers who stopped for fuel at Speedway...and spirits at Jolly Lanes. There was also a lot of truck traffic because of Speedway...which also, at one time, had a restaurant.Commercial tax abatement - 75% for 15 years.Residential tax abatement - 100% for 15 years! Land is currently 3 acres commercial at the intersection of Rt 20 & Rt 4.Balance of land is agricultural (71.36 ac), but city is VERY open to rezoning. There are no convenience locations with fueling stations, hotels, or restaurants within miles of this intersection in any direction. This property is within 1 mile of an Ohio Turnpike exit....that offers no fuel, food, or lodging.There is no decent lodging for 15+/- miles in any direction. The Bellevue area has manufacturing and agricultural businesses. The City of Bellevue is ready to bring the sewer line to the intersection. Columbia Gas is willing to bring gas to the area. Water and 3-phase electric are there. Currently, the State of Ohio is offering grant money for infrastructure and new businesses in this area.There is an 8" water line that runs north and south on the east side of Route 4. Northern Ohio Rural Water, per the 2008 annexation agreement, is obligated to bring the 12" line under the highway to our property with development. The 12" water line ends at the northwest corner of this intersection.There are live rail lines for commercial/industrial rail spurs. There is a biking trail along the south side of the railway tracks. There are no activities along this trail that I am aware of, no places to have a picnic, play miniature golf, get a bottle of water, use the restroom, etc., no hotel to spend the night. Agriculturally , this land has premium fine topsoil. The farmers in the area know this. This is also part of the auditor's report.
Sale includes retail building, house with three rental units, 1.4980 acres, farm market business including beer/wine, tobacco, lottery. Property is right at southern entrance to Vermilion, Oh on State Rte. 60. One third of a mile north of Rte. 2. House is two story, 3 units, 5 bedrooms, 3 full baths, 2640 total s/f, unfinished basement. Retail structure consists of two adjoining pole buildings; 1) 48x32', 2) 36x24' and covered shelter 32x12'. City water and sewer, natural gas.
Donna Trunko Cell: (440) 567-9024 Office: (440) 331-8500 Email
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