1150 1160 Niles Cortland Road, Niles, OH 44446

3 Suite Professional Bldg. - Currently Used As Medical Offices

This well maintained, 3 suite, professional office building, located just south of the Eastwood Mall, is being offered at public auction. Suite 1, with 2989 sq ft, has a waiting room, receptionists room, and multiple exam rooms including 2 lead lined X-ray rooms, 1/2 baths and utility room. Suite #2 has 3234 sq. ft.has its own waiting room, receptionists room, and multiple exam rooms. The building has a total of six 1/2 baths and one full bathroom. Suite 3 is 675 sq. ft room, and has a small waiting room, receptionists room, and 2 additional rooms, plus a 1/2 bath. All 3 suites have both front and rear entrances from the large 25,100 sq. ft. parking lot with 50 parking spaces. There have been many recent improvements including a new 30 year architectural grade shingle roof in 2011, a new large sandstone retaining wall in the front parking lot in 2015, new HVAC units in 2020 and 2022, and parking lot seal coated and the front stripped in 2023. The electrical service is 600 amp, 3 phase. There is a 20' x 24' detached garage built in 2001 on south end of the rear parking lot. There are 2 entrances off of Niles Cortland Road making easy ingress and egress to the 25,100 sq. ft. asphalt parking lot. A new boundary survey was none in Oct. of 2022. All bidding will take place on the listing brokers website with a minimum opening bid of only $250,000 plus a 10% Buyers premium which would make a contract price of $275,000. This property can be purchased at a Buy-It-Now price of $300,000 plus a 10% Buyers Premium for a contract price of $330,000. A $25,000 non refundable down payment by wire transfer or certified check is due with the contract to Buy-It-Now or within 24 hr. of the close of auction on Tuesday, October 10th, 2023 at 6:30pm, which ever occurs first, and the balance at closing within 60 days. This building would also suit the needs of and insurance company, accounting firm, or attorneys offices to name a few. Call the listing agents for a private showing today!