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Cappato Properties Ltd Absolute Auction

Saturday, February 24th 2024 @ 12:00 PM NOON

20+ ACRES WITH HOUSES AND BUILDINGS
HEATED SHOP • HEATED STORAGE BUILDINGS • OFFICES
STOCKED POND • WELL MAINTAINED LOCATION
ACCESS TO MAJOR ROUTES IN ANY DIRECTION • PARKING FOR 50+ EMPLOYEES
CURRENT SITE OF SUCCESSFUL BUSINESS • MANY POTENTIAL USES

Will sell the following property at absolute auction on location 2019-2031 Millersburg Road (SR 83), Wooster, Ohio. Located just South of the junction of State Route 83 and US Route 250.

Overview

Building (F) – 5 Bed 2 1/2 Bath House

(Shop Area / Office and Other Buildings Below)

Open House: Saturday, February 10th 2024

12:00 – 2:00 PM

Real Estate Description

An outstanding business location selling at public auction. The business location for Frontz Drilling for many years. They are the #1 well drilling company in the area and are not going out of business, business only changed owners. This property has it all. Heated shop. Heated storage buildings. 5 water wells. Located outside of city limits. No zoning. Paved driveways. Neat and clean and well maintained. 5 bedroom, 2 ½ bath, 2 story remodeled farmhouse with attached 2 car garage. House #2 is a 4 bedroom, 2 bath rental house, plus 2 rental mobile homes and pads. Stocked pond. 5184 sq. ft. heated pole building with eight OH doors. Heated shop building with attached offices and break room. Newer 2400 sq. ft. heated storage building. Bank barn with two attached sheds converted to storage. The 20 + acres and all the improvements sell as one parcel. Current leased rental income of $11,510 monthly with potential gross rental income of $14,510/ month. Buy it. Use it all. Lease some. Use some. Very adaptable to any type of business. With the condition, the location, and the improvements only your needs and imagination can limit what this property can be used for.

Wayne County Auditor Information – 56-00473.000

Terms on Real Estate

This property sells to the high bidder. No minimums. No reserves. No buyer’s premium. You pay what you bid. Terms are 10% non-refundable downpayment day of auction and balance due at closing in approximately 45 days. Arrange your financing and come bid your judgment. Land continues to be a solid investment. Announcements on sale day take precedence over all previous advertising.

Building (A) 4 Bed | 2 Bath Rental House

Building (B) 2 Bed | 1 Bath Mobile Home

Building (C) 2 Bed | 2 Bath Covered Mobile Home 

Building (D) – Heated Garage

Building (E) – Shop / Office

Building (G) – Heated Pole Building

Building (H) – Bank Barn with Lean Tos

Auction by order of:

Cappato Properties Ltd, Owner

Jack Gant
Broker
C: (330) 465-7692
jgant@gant-realty.com

246 W. Liberty Street
 Wooster, OH 44691

Dave Acker
Auctioneer / Realtor
C: (330) 466-4080
ackauct@sssnet.com

4939 Millbrook Road
 Wooster, OH 44691

246 W. Liberty Street
 Wooster, OH 44691

4939 Millbrook Road
 Wooster, OH 44691

Disclaimer: Although information contained herein has been obtained from sources deemed reliable, neither Donald K Gant Realty nor any of its clients makes any guarantees or representations, express or implied, as to the completeness or accuracy of such information. Any projections, opinions, assumptions or estimates used are for example only. Neither Donald K Gant Realty nor any of its clients accepts any liability for loss resulting from reliance on such information. There may be material differences between projected results and actual results.