Details
Description
Online Commercial Real Estate Auction!
"Bell Wick Bowl"
6105 W. Liberty St. Hubbard, OH 44425
Final Bidding and Closing: Monday, November 25, 2019; at 4 PM EST
Preview Dates: Friday, October 25, 12 - 1 PM;
Saturday, November 9, 12 - 1 PM;
& Monday, November 25, 12 - 1 PM
Google Drive: Complete Specifications, Contracts and Disclosures
26220 SF Single story building on slab; on 7.11 acres, corner location, 3 parcels with 430’ frontage on Liberty Street and 790’ on Bell Wick. Originally constructed in 1962 with 2 major additions. 60,000 SF of paved parking, approx. 145 spaces. Illuminated sign. Nominal 18’ ceiling to steel decking throughout, nominal 14’ to bottom of steel trusses (nominal due to differing slab heights). Block construction with brick veneer. (3) glass double door entry’s with lobby areas. Mainly free span. 3 phase power. Forced air natural gas heat, central A/C with some supplemental remote gas furnaces and Reznor heat in mechanical area. Annual taxes $10,300. Parcels 02-332482, 02-332481 , and 02-332480 All Zoned as C-3 General Commercial. (All Parcels are in City of Hubbard).
32 Lanes, 16 ball returns, auto pin set, Brunswick AS80 Point of Sale Electronic Scoring System. Large service counter with shoe rental and PA area. Built in bar with beer coolers, 3 well bar sink, and ice machine with counter seating for 12. Bar area with 4 top tables. Kitchen with service counter, hood and Ansul system, fryer, sink, South Bend stove with griddle, butcher block table, stock room. Drill/tool room, 2 sets of men’s & women’s restrooms, banquet room, offices. Alarm system. Wastewater treatment plant and well.
BUYER OPTION: to purchase assets of the “Ten Pin Lounge” including point of sale system, accessories and supplies including D3 Liquor License. Seller will act as operator until license can transfer upon application to the state of Ohio liquor control for an amount of $10,000 and in accordance with Ohio law. All transfer and application expenses at the buyer’s expense.
TERMS: 10% Buyers Fee added to high bid price. $10,000 deposit at time of contract. Closing within 30 days of seller acceptance. Closing at title company indicated according to fee schedule posted. Title insurance is optional. A survey is not required for transfer. (large amount of furniture, fixtures and equipment included in sale - some items as marked are not included. NOT included in sale is framed memorabilia, paperwork, personal items, alcohol, bar accessories, stock of any kind, certain leased items. Buyers responsible for inspecting these items as marked and indicated) All descriptions based on observation, public and third party information believed to be accurate but not guaranteed. Buyer has read all posted information and disclosures and performed all required inspections to their satisfaction as a condition of bidding.
AUCTIONEERS NOTE: Exceptional property could be re-purposed for many commercial uses. Lots of square feet, practically free span. Roof in need of repair but should be manageable as it appears to be steel decking and trusses throughout. Opening bid only $37,500! Great corner location with 26,000 SF and 7+ acres! Great utility rates in city of Hubbard. Owner says waste-water treatment plant very well maintained. Very friendly business community.
Note: This auction requires additional information and authentication to bid.
ByceREALTY - byceonline.com - 330.747.7000
AGENTS: Please see MLS or byceonline.com under forms for the agent/broker registration. Note: Agent/Broker Registration Must be sent in 48 Hours in advance of the start of scheduled sale of real estate.