KOCH ESTATE AUCTION
Realtor/Auctioneer
Mark Bachus 330-621-6576
Auction Date
March 24, 2024
Time
12:00 Noon
Auction Location
121 & 123 Main Street, Glenmont, Ohio 44628
Details
KOCH ESTATE AUCTION
Saturday
March 23, 2024
12:00 PM
LOCATION: The following real estate and personal property will be offered at Public Auction located at 121 &123 Main Street, Glenmont, Ohio 44628.
REAL ESTATE: The following will be offered at Public Auction to settle the Estate of Douglas Koch and will be sold on location.
Parcel #1: This parcel originally was the site of the Glenmont Tavern 121 Main Street Glenmont, Ohio. The main area is still represents a bar/sitting area, kitchen, office area, two restrooms, storage areas and a front porch. It also has two apartments in the upper level. In the event that the new owner desires to keep this as bar/restaurant, an upgrade to the septic system will be required. Current taxes are $3125.00 per year and is classified as Commercial. Approximate square footage is 1856 on the main floor. Parcel # 22-00052-000 Tax $790.00 per year.
Parcel #2: This parcel is located at 123 Main Street Glenmont and consists of 1024 square feet with and apartment on the second level and a 16’ x 18’ garage to the rear. This building has seen some upgrades as it is sprinkled and is an open concept on the lower level with a restroom. It was primarily used for storage and has two overhead garage doors, one in the front and one to the rear. This parcel also has an upgraded septic system. Lots of possibilities. Parcel # 22-00052-000. Taxes 1554.42 per year.
AUCTION NOTE: The contents of both buildings will be offered at auction after the sale of the real estate. Parcel #1 will have the bar and kitchen equipment plus the D-2 & D-3 liquor license. Parcel #2 content shelving and misc. Do your due diligence on these two properties as they sell as-is with no guarantees, or warranties implied. Inspect the properties to your satisfaction and be prepared to buy. Contact the Listing agent, Paul Smail for a personal showing or any questions you may have. Go to remaxinwooster.com for pictures and a list of the inventory.
OPEN HOUSE
Sunday
March 10, 2024
12:00 TO 2:00
TERMS: A $5000 non-refundable deposit required the day of the auction on the real estate with the balance due at closing, cash or good check for the personal property. There are no “inspection or finance contingencies”. You are buying the property as-is with no warranties or guarantees implied A 10% buyer’s premium will be added to the final bid price to determine the final selling price on both the real estate and personal property. These two parcels will be offered separately and in combination and will sell whichever nets the most for the seller. Arrange your financing, inspect the property, and come prepared to buy. Go to remaxinwooster.com for pictures and a list of the inventory.
Chattels: Miniveyor Pizza Oven and Pans, Star Flattop Griddle, Two Basket Deep Fryer, Commercial Coffee Pot with Decanters, Kenmore Freezer, Signature Freezer, Whirlpool Refrigerator, Safe, Superior Back Bar Beverage Cooler Top Load (2), Small Ice Maker, Stainless Steel Prep Table with Compartments, Perlick Keg Cooler, Beverage Air Cooler, Chest Freezer, Stainless Norlake Freezer, Kelvinator Microwave, Cash Register, Misc Shelving, Misc Dishware, Misc Flatware, 18 Bar Stools, 6 Booths, Table and 6 Chairs, Valley Pool Table, 3 Flat Screen TV’s, and Tomato Slicer.
Auction by Order Of:
Douglas Koch Estate
David M Hunter Attorney
Ashland County Probate No. 2021177B
AUCTIONEER/REALTOR
Mark Bachus
330.621.6576
LISTING AGENT
Paul Smail, Realtor
330.465.1402
AUCTION COORDINATOR
John Meyer, Realtor
330.465.7872
Photos
