$500,000
AUCTION: BIDDING DEADLINE EXTENDED! Extraordinary opportunity to own 14.65 acres situated on Route 2 near Lake Erie & the Portage River. This exceptional property includes a beautifully renovated 3,791 sq ft 4-bedroom RANCH home ~ The 'Sunrise Inn' a 10-unit fully remodeled motel ~ A former restaurant/bar ~ A 52' x 80' metal building w/ concrete floor & heat ~ Land adjacent to Lacarpe Creek and zoned for cabins, all 6 minutes to the Jet Express.
New Drone video uploaded click below.
OPEN HOUSE: Friday ~ 10/23 4pm-6pm
TERMS & CONDITIONS
Property is being sold AS-IS at ONLINE AUCTION with RESERVE. Bidding will begin with a starting bid of $500,000 on October 7 at 6pm and will begin to close November 7 at 8pm.
AUCTION will be conducted ONLINE at RichJenkins.HiBid.com
A 5% buyer's premium will be added to the highest successful auction bid in order to determine the final contract selling price. Property being sold AS-IS, other than good evidence of title, with no warranties written or implied. No contingencies on the buyer's behalf: financing, inspections or otherwise. All buyer's inspections and due diligence must be completed prior to bidding. Any items remaining in home, buildings or premises at closing shall become the responsibility of the buyer.
The successful bidder shall execute the contract and all required paperwork. Closing to follow within 30 days. The winning bidder/buyer must provide a $10,000.00 NON-REFUNDABLE deposit at conclusion of online auction to be held by title company until closing. At closing, the buyer can elect the return of deposit or apply it to the funds required for purchase. In the event of a contract default, the deposit is forfeited without exception.
Purchase agreement and related paperwork shall be executed on or before Monday October 26th at 1 PM. at the listed property unless buyer has made specific arrangements wi
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Richard A Jenkins
4245 W Lakeshore Drive, Port Clinton
Listing Courtesy of : Richard A Jenkins ---- Key Realty