8820 East Ave

    Mentor, OH 44060
    • $4,500,000
    • STATUS: Active
    • ON SITE: 86 days
    • MLS #: 4059822
    UPDATED: 175 min ago
    $4,500,000
    • 0
      BEDS
    • 7.83
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    Neighborhood:
    Type:
    Commercial
    Built:
    1930
    County:
    Area:

    School Ratings & Info

    Listing courtesy of Keller Williams Grt Cleve Ne.
    Listing information © 2017 NEOHREX MLS.

    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.

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    Listing information © 2019 NEOHREX Multiple Listing Service. All rights reserved. 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 RE/MAX Trends Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2019-03-23T00:08:31.443.
    www.trendsrealtyofohio.com/homes/90348336

    8820 East Ave Mentor, OH 44060

    • Price: $4,500,000
    • Status: Active
    • Updated: 175 min ago
    • MLS #: 4059822
    0
    Beds
    0
    Baths
    0
    ½ Baths
    7.83
    Acres
    1930
    Built
    Neighborhood:
    Mix Chase
    County:
    Lake
    Area:
    Mentor
    Property 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.
    Exterior Features

    Dock Door Max Height 9 Dock Door Min Height 9 Drive In Door Max Height 12 Drive In Min Height 10 Fences Partial Freight Amenities Indoor LoadingTruck/Dock(S) Loadin Location FreestandingIndustrial Park Parking On Site/Private Parking Spaces 183 Roof FlatMetal Total Dock Doors 7 Total Drive In Doors 3

    Interior Features

    Basement Detail None Ceiling Height 28 Cooling Type Central Air Heating Fuel Gas Heating Type Forced AirSpace Heaters Industrial Sq Ft 150000 Miscellaneous Features Fire Sprinkler SysteLunchroomMeeting/Conf. RoomPrivate RestroomSecurity LightingSecurity System

    Property Features

    Additional Expenses1 Modified Gross Lease Annual Real Estate Tax 82992 Annual Taxes 82992 Assessments No Auction No Available Financing Conventional Basement No Commercial Type Industrial Cost Per Sqft Cost Per Sq Ft 4 Homestead Exemption No Industrial Type Mfg Heavy Natural Resource Rights All W/O The Rights Occupant Type Owner Owner Pays Pays All Ownership Principal/Nr Retail Type Free Standing Short Sale No Tenant Pays ElectricGas Terms Conditions Building+ Land Transaction Type For Both Sale And Lease Water Sewer Public WaterPublic Sewer Year Built Exception Actual Ybt

    Listing information © 2019 NEOTHREX Multiple Listing Service.
    Listing provided courtesy of Keller Williams Grt Cleve Ne.
    Listing information © 2019 NEOHREX Multiple Listing Service. All rights reserved. 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 RE/MAX Trends Realty are marked with the Internet Data Exchange logo and detailed information about them includes the name of the listing broker(s). Information Deemed Reliable But Not Guaranteed. The photos may be altered, edited, enhanced or virtually staged. Data last updated 2019-03-23T00:08:31.443.
     
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    2930 Edison St
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    Listing courtesy of Keller Williams Grt Cleve Ne.
    Listing information © 2017 NEOHREX MLS.