Upcoming Auctions
127 S Main St
- Jul 2 @ 8:50pm EDT (Start)
- Jul 23 @ 4:00pm EDT (End)
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TIMED ONLINE ONLY AUCTION Turn Key Restuarant / Mixed - Use Investment Property For Sale At Online Auction Closing July 23rd, 2025 @4:00 PM 127 S Main St Creston, Ohio 44217 APN: 09-00159-000, 09-00908.006 Property Highlights Type Mixed-Use, Retail, Restaurant Year Built. 1882 Zoning RB-1 Space 3,564 SF Parking Parking lot, 15 spots APN 09-00159-000, 09-00908.006 This prime mixed-use property in the heart of Creston presents an excellent investment opportunity or a chance to run an owner-occupied business / restuarant. Recent updates include new electrical systems, a hot water tank,furnace, countertops, new kitchen floors and cabinets on the secondfloor, and updated lighting. The property also boasts renovatedbathrooms, security cameras, and a full basement with a walk-incooler, ice machine, freezer, and exterior access. Situated on South Main Street in Creston's primary commercial corridor, this property enjoys a prime location that attracts both local and regional traffic, conveniently positioned between the Akron,Medina, and Wooster markets. PLEASE READ THESE REAL ESTATE ONLINE BIDDING TERMS BELOW AND THE CONTRACT FOR SALE AND PURCHASE THOROUGHLY PRIOR TO BIDDING ON ANY PROPERTY. THE PROPERTY-SPECIFIC CONTRACT FOR SALE AND PURCHASE IS LOCATED ON THE DOCUMENTS TAB OF THE PROPERTY’S AUCTION PAGE. IF YOU HAVE NOT READ AND REVIEWED ALL OF THIS INFORMATION, DO NOT BID! ONLINE AUCTION ONLY Terms and Conditions A) If you are the high bidder, you are contractually obligated to buy the real estate at the price stated as Your bid, Buyer’s Premium, fees, and all other applicable Buyer closing costs. B) Successful Bidder will be required to enter into the purchase agreement as posted on the Documents tab and tender a NON-REFUNDABLE Earnest Money deposit of 10% of final Purchase Price by cash, check, or electronic transfer after the end of the auction within 24 hours. Failure to execute the purchase contract and tender the earnest money deposit will put the bidder in default. C) Default by Bidder: In the event of a default by the Bidder under the terms and conditions of this auction, the Auctioneer reserves the exclusive right to terminate this Agreement and take any and all actions deemed necessary and appropriate to sell the property, including, but not limited to, offering the property to the next highest bidder or re-listing the property for auction at the Auctioneer's discretion. Nothing herein shall limit or relieve the Bidder's liability for any actual damages sustained by the Auctioneer, Seller, or any third party as a result of such breach. The Auctioneer's exercise of rights under this section shall not constitute a waiver of any other rights or remedies available to the Auctioneer, Seller, or any affected third party under this Agreement or applicable law. D) Each Buyer is responsible for conducting their own due diligence on the Property before bidding. The buyer is encouraged to conduct an inspection(s) prior to bidding. E) The real estate sells in AS IS condition. The Seller is not making any repairs or making any concessions. F) The sale is not contingent upon a satisfactory inspection. G) The sale is not contingent upon the Bidder(s) ability to secure financing. The buyer assumes responsibility for the appraisal gap, if any. H) Closing to occur on or before August 28th, 2025. I) Seller will provide and pay for owner’s title insurance, preparation of deed, conveyance fee, and the proration of real estate taxes. J) Bidder acknowledges receipt of a copy of the real estate purchase agreement for this Auction. K) There is a 10% (TEN) Buyer’s Premium added to your final bid to determine the final purchase price. By registering for this auction you are accepting all Terms and Conditions! The bidding will begin to close at 4:00 PM July 23rd, 2025 with a two minute auto extend. This means that if a bid is placed within the last two minutes, the bidding will be extended for an additional two minutes. What are you waiting for? You truly must see this property in person to fully appreciate it. Register to bid and check out all the documents, videos, and photos that we have available for your due diligence. Great investment opportunity! For Property Information and Tours: Kas.Filippova@ eXp Commercial 216.374.3689 | kas@theiconicpartners.com For Auction Information: Adrian Walters, CAI Auctioneer | TRANSITION AUCTION GROUP, LLC 614-348-8377 | adrian@transitionauctiongroup.com Auctioneer License # 2019000013 Corporate License # 2025000087 Adrian Walters is licensed by the Ohio Department of Agriculture and under the recovery fund by the State of Ohio. An aggrieved person may initiate a claim against the auction recovery fund created in Section 4707.25 of the Revised Code as a result of the licensee’s actions. Ohio Department of Agriculture 8995 E. Main Street, Bldg. 1 Reynoldsburg, OH 43068