23,187 SF Metal Frame Bldg. on 2.92 Acres - Industrial/Warehouse, YOUNGSTOWN, OH


Location: 220 HUBBARD RD, YOUNGSTOWN, OH 44505

BIDDING ENDS: Wednesday, November 18th, 2020 beginning at 2pm
Location: 220 HUBBARD RD, YOUNGSTOWN, OH 44505
OPEN HOUSE: Tuesday November 3rd 11:00am to 1:00pm (Public)
OPEN HOUSE: Tuesday November 17th 11:00am to 1:00pm (Public)

23,187 SF Metal Frame Bldg. on 2.92 Acres - Industrial/Warehouse
The Mahoning County Land Bank is selling at public auction this 23187 sq. ft. building that consists of warehouse and office space all located on 2.92 acres of land. They state that there is a real estate tax abatement until 2022! There is 327' of frontage on Hubbard Road, the east side of Youngstown, and has a depth of 478' on the west side and 354' on the east side. The building was last used by Superior Chemical Company, but there is a current clean Phase I Report showing no environmental issues. In the building there is a concrete ramped loading dock to unload semi truck trailers. There are two 13' high x 20' wide overhead doors with electric openers, giving access to the building on ground level and an exterior loading dock with another overhead door. There is also several hundred feet of 14'6"' high pallet racking located through out the warehouse area. There are several office rooms off of the main building entrance/showroom which will need to be remodeled, or to make more warehouse space, can be removed. The building consists of a steel frame structure with concrete and some wood non-load bearing curtain walls. There is a 60'x 114' section of building on the north end of the building that has an older flat roof that is in poor condition, leaking rain water in that section of the building. The remaining building is covered by an ARMCO low-pitched metal roof. There is some 8' high chain link fence along the property lines, and a large rolling gate section to the storage yard on the west side of the building. Bidding will start at $30,000 plus a 10% Buyers Premium on the listing brokers website, and will continue in $1000.00 increments until the auction closes on Wed., Nov. 18th, 2020 at 2pm. $5000.00 non-refundable down payment required from the successful bidder with in 24hours of the close of the auction payable to the listing broker. The packet of information regarding this building and a copy of the Auction Purchase Contract will be available on the listing brokers website and in an INFO box on the Auction Sign at the site of the property.

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