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1375 Old Logan Rd
Lancaster, OH 43130

Lancaster Sales Company · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Building Size
58,801 SF
Building Class
B
Year Built
1969
Tenancy
Multiple
Building Height
1 Story
Building FAR
5.79
Lot Size
0.23 AC

About 1375 Old Logan Rd , Lancaster, OH 43130

This is Tract 1 described below. HUGE ABSOLUTE AUCTION NO MINIMUMS OR RESERVES. Tues., Dec. 5th 10 AM conducted at 1375 Old Logan Rd. Lancaster, OH 43130. ALL REAL ESTATE BOTH THE LANCASTER, OH & LOGAN, OH LOCATIONS SELL FROM THE LANCASTER SITE. Everything Sells to the Highest Bidder regardless of price, no reserves! If you can't wait, Make Offer & Buy it Today! Until Nov. 13th! 5 Commercial Buildings & Warehouses * Store Inventory & Vacant Lots * Auditor reports 90,291 sq. ft. IMMACULATE VISIBILITY & FRONTAGE! Lancaster locations are at a stop light! Logan store is in the heart of retail commerce! Attention Real Estate Investors & Entrepreneurs! Tract 1: 1375/1377 Old Logan Rd. Lancaster, OH 43130, 3.068 +/- Acres 2 Buildings currently utilized as Lancaster Sales & The GI Depot retail sales and warehouse buildings with loading dock. Information obtained from the Auditor: Total of 58,801 sq. ft. comprised of the following, Discount Store: 37,901 sq. ft., 22' wall height, hot air heat, central A/C, loading dock. Multi Use Office: 1,380 sq. ft., hot air heat, central A/C. Warehouse: 2400 sq. ft., 18' wall height. Warehouse: 2,560 sq. ft., 18' wall height. Auditor also reports this building has a Sprinkler System, is a Pre-Engineered Steel Building, Built in 1969 & Public Restrooms. The GI Depot Building which is located next to the main Lancaster Sales Building the Auditor reports as being a Discount Store with 6,560 sq. ft., 14' wall height, hot air heat & Central A/C; Warehouse with 8,000 sq. ft., 14' wall height & the building being a pre-engineered steel building built in 1956. Auditor Parcel's: 0546280000,0546279900,0546279700,0546279300,0546279200,0546279100,0546279400,0546279500,0546279800,0546280800,0546280700,0546280600,0546280500,0546280400,0546280300,0546280200,0546280100, 0546279600. Net Annual Taxes: $23,637.48, Auditor's Total Appraised Value: $1,727,450. Tract 2: 988/998 Woodland Ave. Lancaster, OH 43130. +/- 0.639 Acres, Retail Multi Occupant Building & Warehouse. The Auditor reports the following on Tract 2: Building 1: Retail Multi Occupant Building, Improvement Name: Blessing Memorial Church, built in 1977, Multi Use Retail, 3,840 sq. ft., 12' wall height, hot air heat, central A/C, public restrooms, wood frame construction, Tenant rights apply. Building 2: Warehouse 12,350 sq. ft., 18' wall height, pre-engineered steel, steam/other heat, overhead door 12' by 16' & overhead door 12' by 12', exhaust fans, loading dock, concrete floors. Parcel #'s: 0546277400,0546277500,0546277600,0546277700. Net Annual Taxes: $6,088.80, Auditor's Total Appraised Value: $444,990. Tract 3: 0 Woodland Ave. Lancaster, OH 43130 - Auditor's map shows & describes as being a 128' by 203'/ +/- 1.533 Ac. Vacant Residential Lot situated behind and adjoining tract # 2. Parcel #: 0546277800, Net Annual Taxes: $683.78, Auditor's Total Appraised Value: $57,340. Tract 4: 0 Terry St. Lancaster, OH 43130. Auditor's map shows & describes as being 2 adjoining parcels, which will be sold as whole & situated behind tract # 1 fronting on Terry St., Auditor provides the following: Comprised of a total of +/- 0.362 Acres, Parcel #: 0546278900, 6,000 sq. ft. lot size, lot 74, Land Value: $2,400, Building Value: $1,400 (Asphalt or blacktop) Total Auditor's Value: $3,800, Net Annual Tax: $51.98, Land Use: Parking Garage Structure & Lot, Commercial. Parcel #: 0546279000, 10,080 sq. ft. lot size, lot 75, Total Auditor's Vacant Value: $4,030, Land Use: Commercial Vacant Land, Net Annual Taxes: $55.12. Tract 5: 0 Terry St. Lancaster, OH 43130. Auditor's Parcel #: 0546277200 and is described as being a 0.69 Acre Residential Lot at the dead end of Terry St., Total Auditor's Appraised Value: $6,210, Net Annual Taxes: $73.92. Tract 6: 1266 W. Hunter St. LOGAN, OH 43138. Lancaster Sales LOGAN location will sell on day 1 at 1375 Old Logan Rd. Lancaster, OH 43130. The Logan store is located on a main retail artery in Logan, OH. The Hocking Co. Auditor describes this location as being a 15,300 sq. ft. metal Commercial Building built in 1974, all public utilities, level topography, Restrooms, break room, Neighborhood Code: 4104/Logan Premium Commercial. Parcel #'s: 4-002241, 4-002242, 4-002243, 4-002244, 4-002245, 4-002246, The Auditor's Total Appraised Value is $455,450, Net Annual Taxes: $7,276.42. Real Estate Terms: 10% down at time of sale cash or check which will be made payable to Hocking Valley Title Agency Inc. ; Balance & Possession upon delivery of deed at closing on or before January 5th 2018 (Tenant Rights apply to Tract 2 The Church Building); Offered free & clear prior to closing; Sold in As-Is condition; No Buyer's contingencies exist; Real Estate Taxes pro-rated to closing which will be conducted by Hocking Valley Title Agency 136 E. Main St. Lancaster, OH 43130, 740.654.8266. Seller is relying solely on their own investigation, inspection, inquiry, due diligence, any & all information provided is to be utilized strictly as a guide. Tenant rights apply to tract 2. All Real Estate including both the Lancaster, OH & Logan, OH properties will be sold on day 1 from the Lancaster, OH Auction site. Square footages are not guaranteed to be accurate; information was derived from the Auditor & the Surveyor. Survey in progress. Surveyors: Tobin-McFarland Surveying, Inc. 740.687.1710 provided the maps, square footages and marked the corners. STANLEY & SON, INC. 740.775.3330

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
05-46280-000
Land Assessment
$3,370
Improvements Assessment
$297,190
Total Assessment
$300,560
  • Listing ID: 9635195

  • Date on Market: 10/17/2017

  • Last Updated:

  • Address: 1375 Old Logan Rd, Lancaster, OH 43130

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