Property Showcase

8820 East AveMentor, OH 44060 0

$5,250,000
Commercial
Status: Active
  • Sqft:
  • Lot:7.83 acres
  • MLS#: 4059822
41.68548583984375-81.323272705078125
Courtesy Of Keller Williams Grt Cleve NE

Description:

Mag-Nif, Inc. produces motorized, novelty, and non motorized banks. It offers animated coin sorting banks, automated sorting devices, digital coin counters, puzzles and games, value pack preformed wrappers for wrapping coins, trim-a-tree and gift wrap bow-making items, and bow pins. The company was founded in 1963 in Mentor, Ohio. The property, land, and equipment are being sold. Total property is approximately 150,000 SF on 7.8 acres of land and will be verified per sale. All plastic injection molding machines, pallet racking, and other assets are for sale and available per separate price and are not including in this price. Multiple expansion of building have occurred from 1963 to present. Warehouse additions occurred in 1994 (40,062 SF), 1995 (11,731 SF), and 2002 (21,085 SF) including previous existing office/manufacturing areas (77,006) improvements and remodeling during the 1990's. Heavy electrical power is brought to property, specifically 1200 amp, 480 Volt, 3-Phase power. Oil/Gas well is included with sale with all mineral right offered in purchase. Addition built in 2002 has standard fire suppression with 26' clear height ideal for rack storage. Remaining clear heights range from 24' to 14' in warehouse and manufacturing areas.

Main Features:

Listing Status Active Year Built 1930
County Lake Taxes $82,992.00
Rental Price $0 Subdivision Mix Chase

Additional Features:

Assessments N
Auction N
Basement N
None
Cooling Central Air
Fence Partial
Financing Available Conventional
Freight Amenities Indoor Loading
Truck/Dock(s) Loadin
Fuel Gas
Heating FORCED AIR
Space Heaters
Homestead N
Limited Service N
Listing Type Exclusive Right
Location Freestanding
Industrial Park
Miscellaneous Features Fire Sprinkler Syste
Lunchroom
Meeting/Conf. Room
Private Restroom
Security Lighting
Security System
MLS NORMLS
Occupant Owner
Owner Pays Pays All
Ownership Principal/NR
Parking On Site/Private
Possession Time of Transfer
Property Subtype Industrial
Mfg Heavy
Roof Flat
Metal
Sale Rent For Both Sale and Lease
Short Sale N
Showing Instructions Call Agent
Tenant Pays Electric
Gas
Terms Building+ Land
Type Free Standing
Water/Sewer Public Sewer
Public Water
Year Built Description Actual YBT

Extra Features:

CDOM 26 Ceiling Height 28
Current Use Manufacturing and Distribution Property Legal Description T 7 L 9 A PARCEL 2
Number of Drive In Doors 3 Parking Spaces 183
Showing Instructions Call Rick Osborne Jr. for all showings and tours of property. Tax ID 16-B-055-A-00-020-0
Total Acres 7.8268

Northeast Ohio Real Estate Exchange Logo

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Barbara Snyder are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright© 2019 NEOHREX. All Rights Reserved.
Last Updated On: 1/22/2019 12:46:18 AM

8820 East Ave, Mentor, OH 44060

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Northeast Ohio Real Estate Exchange Logo

The data relating to real estate for sale on this website comes in part from the Internet Data Exchange program of NEOHREX. Real estate listings held by brokerage firms other than Barbara Snyder are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Information deemed reliable but not guaranteed.
Copyright© 2019 NEOHREX. All Rights Reserved.
Last Updated On: 1/22/2019 12:46:18 AM

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