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Auction Details

byceonline.com
AUCTION CLOSED! $67,100 Total Contract Price - Centenary Methodist Church - Youngstown, OH - Auction Closed Thursday, March 28, 2019 - 4 PM

Item Description
1.ONLINE REAL ESTATE AUCTION
"Centenary United Methodist Church"
1413 Belmont Ave. Youngstown, OH 44504

Previews: Sunday, March 10, 12-1 PM; Monday, March 18, 4-5 PM & Thursday, March 28, 12-1 PM


Year Built 1940, 11490 S.F. 2 story with partial basement, 167’ frontage on Belmont Ave (Rt. 193) and 144’ on Fairgreen. Optional Lot contiguous to north with 167’ frontage on Belmont to corner of Lora.
1st Floor: Large hallway connecting front and side doors. Public Restroom; 27’ x 19’ commercial kitchen (3 well sink with grease trap and South Bend 6 burner range with grill/hood system included) Built in country cabinets, hand sink. 26’ x 38’ multi-purpose room with fireplace and built ins; 26’ x 34’ classroom with walk in storage; ½ bath with storage; 26’ x 28’ classroom with fireplace, storage and blackboard; 28’ x 26’ parlor with fireplace and case work leading to storage area with vintage tambour door shelves and half bath. 14’ x 12’ office with fireplace, built in’s and large safe; 2 janitor closets. Stair case leading up to landing with mid century modern stained glass windows.
2nd Floor: 60’ x 36’ worship area with 17’ ceilings and vintage lantern fixtures; approx., 20 pews connected to main floor included. (2) 10’ x 28’ classrooms/day care rooms; closets; choir loft with fire escape door and access to large west attic storage; 5 smaller classrooms used as bedrooms; (2) restrooms, 17’ x 19’ private office leading to alter rooms.
PARTIAL BASEMENT (east side of building) accessed through kitchen and very dry. Boiler room with boiler, mixer, 40 gallon HWT; 35’ x 30’ main area with additional storage rooms features water supply and newer main electrical panel; very long crawl space access and exit door to North.
PAVED PARKING: asphalt lot for approx.. 30 vehicles; exterior sign; concrete walks. All information based on public sources and observation believed to be accurate but not guaranteed.

Auctioneers Note: Very good condition for age of structure. Mainly peaked roof with flat roof section over south area. Exceptional layout with mostly original red oak mantles and casework, leaded and stained glass windows and casework. Zoned MUC Mixed Use Community which allows for some residential use with commercial on first floor. Security System. Newer well maintained boiler. Exceptional commercial opportunity in high traffic area close to growing medical centers on the Northside. Total Tax Value on parcel with Church: $264,590, Parcel to north: $6,000 (It may be purchased as an option by high bidder upon confirmation for $100 plus title fees) Year Built 1940, 11490 S.F. 2 story with partial basement, 167’ frontage on Belmont Ave (Rt. 193) and 144’ on Fairgreen. Optional Lot contiguous to north with 167’ frontage on Belmont to corner of Lora.

Terms: $25,000 opening bid. $10,000 deposit required by ACH transfer. 30 days to close. 10% Buyers Fee added to the high bid. Buyer pays some closing costs. Buyer Guaranteed free, clear and marketable title. Sale subject to church confirmation. High bidder will have the option of purchasing the vacant parcel to the North for $100 (it is disclosed by seller that to their knowledge there is an existing underground storage tank located on this parcel) As a condition of bidding, bidders have read all posted information, disclosures and contracts. There are additional requirements to be authorized to bid on this auction.

Jeff Byce, Auctioneer, Real Estate Broker - ByceREALTY
Cen Purchase Contract & Disclosures.pdf
Title Fees.pdf