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Auction Information
Auctioneer Stanley & Son, Inc. 888-BID IT UP
Auction Date Dec 05 Auction
Location
1375 Old Logan Rd.
Lancaster, OH
Time 10:00AM
Auctioneer's Other ListingsE-mail AuctioneerAuctioneer's Web Site
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Auction Listing
AuctionZip Auctioneer ID# 1660
    Property Address    
1266 W. Hunter St.
Logan, OH 43138
    Attached Files    
Auction Brochure (PDF)
Prelim Aerial (PDF)
Logan pre lim aerial (PDF)

TRACT 6 LOGAN, OH LANCASTER SALES STORE

This Logan, OH Commercial Real Estate sells on Dec. 5th 2017 at 10 AM auction conducted at 1375 Old Logan Rd. Lancaster, OH 43130.

HUGE 2 Day ABSOLUTE Liquidation Auction

D.B.A. Lancaster Sales Department Stores & The GI Depot

If you can't wait, Make Offer & Buy it Today! Until Nov. 13th!

Day # 1: Tues., Dec. 5th 2017 10 AM (All Real Estate & Lancaster Store Inventory)

Auction conducted at 1375 Old Logan Rd. Lancaster, OH 43130

Day # 2: Wed., Dec. 6th 2017 10 AM (Logan, OH Store Inventory Only)

Auction conducted at 1266 W. Hunter St. Logan, OH 43138

Everything Sells to the Highest Bidder regardless of price, no reserves!

 

The 5 Commercial Buildings & Warehouses offered in 6 Tracts. High Bidder Take Choice! Buy One or All!

 

IMMACULATE VISIBILITY & FRONTAGE!

 Lancaster locations are at a stop light!

 Logan store is in the heart of retail commerce!

Attention Real Estate Investors, Entrepreneurs, & Flea Market Enthusiasts!

 

Only the Real Estate will be offered live-onsite & via online bidding through Bidspotter.com & Tri-State Auctioneers. 3% buyer’s premium for online Real Estate buyer’s only.

 

Live auction only of the Inventory of these department stores: Hardware * Electrical * Plumbing * Hunting * Fishing * Tools * Military Surplus * Clothing * Camping & much more!!!

NOTE: Bring your trucks, trailers and semi's! You're going to need them!

As agents for the seller: Lancaster Sales Co., Damon Howarth President has ordered the following sold. Attorney for the seller: David M. Whittaker

McManus BBQ Catering onsite

Day # 1 (All Real Estate & The Lancaster, OH stores inventory) Tues., Dec. 5th 2017 10 AM conducted at 1375 Old Logan Rd. Lancaster, OH 43130. All Real Estate including both the Lancaster, OH & Logan, OH locations sell first on Day 1 from the Lancaster, OH location. Following the Real Estate the Lancaster, OH Lancaster Sales & The GI Depot inventory will be sold live on-site auction only in large lots. Only the Real Estate will be offered live onsite & via online bidding is available option through Bidspotter.com & Tri-State Auctioneers at an additional 3% buyer's premium cost for online Real Estate buyers. No buyer's premium for onsite buyers. No online bidding for inventory.

 

Day # 2 Logan, OH Store Inventory: Wed., Dec. 6th 2017 10 AM conducted at 1266 W. Hunter St. Logan, OH 43138. The department store inventory of the LS Store in Logan, OH. As the Real Estate was sold on day one, on day two we will sell the complete inventory of the Logan, OH store in large lots!!

 

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. +/- 0.362 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' 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 commercial parcels, which will be sold as a whole. Situated behind tract # 1, fronting on Terry St.  Auditor provides the following: Comprised of a total of +/- 0.369 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  ; 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.

Surveyors: Tobin-McFarland Surveying, Inc. 740.687.1710 provided the maps, square footages and marked the corners.

The complete Inventory of these department stores will be offered in large department store lots that include new, surplus, brand name, and overstock inventory, Gondola Shelving, show cases, pallet racking, & more.

Personal Property Terms: Paid in full at time of sale cash or check only (no credit cards); Sold As-Is; All sales final. Removal supervised by Lancaster Sales. Removal of the inventory 12/7-12/20/17, removal of store fixtures 12/21-12/24/17, If not removed all items are lost, forfeited and gone forever. Sales tax applies. Sample pictures have been supplied, NOTE: The inventory changes from day to day with retail sales. No Loading Assistance Available come prepared.

Disclaimer Note:  All information provided is to be utilized strictly as a guide. Buyers are responsible to conduct any inspection, inquiry, investigations and due diligence regarding to Real Estate & personal property. All measurements provided are approximate. Buyer agrees and understands that the seller nor Stanley & Son, Inc. makes no warranties or representations of any kind either expressed or implied as to the condition, quantities, quality, and merchantability or fitness for a particular purpose or any part thereof and/or serviceability for the same. The agreement of auction is solely between buyer & seller. Stanley & Son, Inc. and its agents are exclusive agents of the seller. Neither the seller nor Stanley & Son, Inc. & its agents assume NO liability for any loss, theft, damage, injury after the fall of the hammer. When the auctioneer says SOLD the auctioneer & the seller’s responsibility ends & the buyer’s begins. Any announcements made only by the auctioneer from the podium during the time of auction will take precedence over any previously printed material and/or any other oral statements made or implied. No liability exists regarding the information contained in any printed matter for its accuracy, errors or omissions. Bidding is open, just call out, raise your hand or watch the ring personnel…they will assist you and try to get answers to any questions you may have prior to bidding.

Stanley & Son, Inc. 740.775.3330

www.stanleyandson.com * 88 N. Paint St. Chillicothe, OH 45601

It's Hammer Time! Let's do some Bid-Ness!

 




Auctioneer License Information: 571979 27219

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