YOUNGSTOWN — The Mahoning County Land Bank is selling a commercial property at public auction for the first time.
The 23,187-square-foot building at 220 Hubbard Road includes warehouse and office space and sits on 2.92 acres. Online bidding has started at $30,000 and will continue in $1,000 increments until the auction closes at 2 p.m. Nov. 18.
The property is listed with Basinger Auction Service and is available for bidding online only. Public open houses have been scheduled for 11 a.m. to 1 p.m. Nov. 3 and Nov. 17.
“This is just one more way we’re able to acquire a tax-delinquent property, clean its title and work toward selling it to a responsible party,” Debora Flora, Mahoning County Land Bank executive director, said in a news release. “It’s another milestone for us — selling a commercial property through a public auction with the goal of attracting or sustaining another business in the Youngstown area.”
The building was formerly occupied by Superior Chemical Company, but a current environmental assessment shows no environmental issues, the release states.
The steel frame building has a concrete ramp loading dock inside and two wide, overhead doors with electric openers at ground level. Several office rooms will need to be remodeled or can be removed to add more warehouse space.
For more information about the property and to view photos, click here. To place a bid, click here."selling" - Google News
October 22, 2020 at 03:45PM
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Land bank selling commercial property in Youngstown on online auction - Mahoning Matters
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