PRE-FORECLOSURE/SHERIFF SALE BY PUBLIC AUCTION

* By orders, we will offer the Real Estate:

5.75(+/-) Acres Land & 40,000 S.F. (+/-) MFG BLDG
with 3,200 S.F. Office Addition

777 Sugar Lane
Elyria, Ohio
THURSDAY, MAY 22, 2008 11 A.M.


Zoned industry but “should” be re-zoned commercial, motel/hotel, warehouse or whatever
suits the new owner & Elyria will allow…

Located between routes 10w/57/301 (off I-480) on the John F. Kennedy by-pass (RTE 57)…
480’ frontage on RTE 57, Kennedy by-pass…

Mel-Ba presently occupies 20,000’…they will stay or move at the new owner’s discretion…

--------------Since 1917-------------
ROSEN & COMPANY
Stanley H. Rosen Auctioneer/Realtor
Sheila Rosen-Schiff Apprentice Auctioneer/Agent
30405 Solon Road, Unit 6, Solon, Ohio  44139
Phone: (440) 519-1860


INSPECTION:  By appointment (as Mel-Ba is operating its shop).

TERMS:  CASH, certified checks, company checks accepted ONLY if accompanied by bank letter of guaranty. Make check payable to Rosen & Company, Trust Account. 25% deposit at time of bid, balance at end of sale 5% Buyers Premium will be in effect at this sale. Sale is are AS-IS, WHERE-IS, without any guaranties or warranties.

IMPORTANT NOTICE: Although information has been obtained from sources deemed reliable, the auctioneer makes no warranty or guarantee, expressed or implied, as to the accuracy of the information herein contained. It is for this reason that buyers should avail themselves of the opportunity to make inspection prior to the sale.

EXAMPLE OF BANK LETTER: “Customer Name and Company Name” is a customer of this bank. This bank will guarantee unqualified payment to Rosen & Co. Inc. on the account listed herein up to the amount of $________ (maximum). This letter is good until (date ). This letter also applies to all wire transfers. Payment by wire transfer accepted only by prior arrangement. Contact our Auction Division at 440-519-1860.

NOTE: Finder's Fee Paid for information leading to our selling or buying complete manufacturing facilities, machine and fab shops, printing equipment, woodworking equipment, construction equipment, etc. Call Ken Miller, Cliff Henshaw or Sharon Parker at Corporate office, (440) 519-1860. Call Stanley Rosen at Rosen & Company West-Las Vegas branch office, (702) 821-1901.


 

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