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Auction #507

±5,800 SF Former EXXON Building w/ New Interior Selling for less than $26 PSF

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  • Auction #
    507
  • Interior Space:
    ± 5,772 SF
  • Lot Size:
    ±10 acres
  • Transaction Fee:
    5% (Min $25,000)
  • Broker
    Co-op:
    2.5%

±5,800 SF Former EXXON Building w/ New Interior Selling for less than $26 PSF

Industrial/Land/Office For Sale in Bellaire, OH

2358 W 23rd St, Bellaire, OH 43906

FRE Auctions and Old Colony Realtors are pleased to present this Online Auction for a beautifully remodeled office building on a generous ±10 AC providing growth opportunities or room for storage, located in Belmont County, Ohio.

Renovated, ±5,800 SF building for BELOW $26 PSF located in a region with resilient industries. The combination of strategic location, modern infrastructure, and large versatile lot offers potential to maximize long-term value.


 Property Highlights:

  • Strategic Location: Access to major transportation corridors, including OH-7, I-470, I-70 provides a competitive edge for businesses involved in distribution, logistics, or regional services.

  • Turnkey ±5,770 SF Infrastructure: Renovated solid structural base includes updated HVAC systems, allowing for immediate occupancy, eliminating the need for significant initial capital expenditures.
  • Generous ±10 AC lot: Provides physical space for future development, including building expansion, additional parking, outdoor storage, and amenities enabling the ability to scale operations, add value, or develop the site to its full potential. Land Parcel Coverage - Regrid
    • Zoning & Versatility: Industrial zoning allows for a wide range of uses, from traditional warehousing and light manufacturing to modern administrative and professional offices, including those serving the energy and healthcare sectors.
    • Regional Economy: Located in a region with a resilient, industry-supported economy providing an adaptive environment for the building's potential to be repurposed for high-demand uses such as a logistics hub, a medical facility, or an administrative office for the energy sector, offering a clear path to generating a strong return on investment.

    Office Virtual Tour


    Location Information:

    The property is situated in Bellaire, a community in Belmont County, Ohio, a region supported by a resilient and diverse economy that offers a stable foundation for business. With a population exceeding 64,000 and a $58,411 median household income, the area's economic health is not dependent on a single industry. Robust sectors in healthcare, retail, and professional services provide consistent employment and a receptive market for consistent business. 

    The region also maintains a strong industrial identity, anchored by the natural gas industry, particularly within the productive Utica Shale. Major operators such as EQT, Ascent Resources, and Gulfport Energy drive considerable demand for a variety of supporting businesses, from logistics to specialized services. Educational institutions such as Ohio University's Eastern Campus and Belmont College help provide a consistent, educated workforce, which further contributes to the area's long-term stability.

    Downloadable Documents

    Property Information

    Auction Information

    Property Viewing

    If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

    If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

    Start Temporary Access Agreement

    Financing

    There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.

    If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.

    For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

    Broker of Record for this property: Old Colony Realtors , OH

    All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

    BID DEADLINE:   Oct 23 4:10 pm EDT
    Minimum Bid: US $149,000
    Previous List Price:US $1,100,000
    Required bid deposit: US $1,000
    Valeria Vazquez Auction Manager The Future of Real Estate (FRE) (949) 706-6119 Vvazquez@fre.com
    Paul Ashmore Property Representative Old Colony Realtors (304) 231-4110 Pashmore@oldcolony.com
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    auctionplus icon
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    Bid Deadline: Oct 23 4:10 pm EDT
    ±5,800 SF Former EXXON Building w/ New Interior Selling for less than $26 PSF
    Industrial/Land/Office For Sale in Bellaire, OH
    2358 W 23rd St
    Bellaire, OH 43906
    Auction # 507
    Bid Deadline: Oct 23 4:10 pm EDT
    Minimum Bid
    US $149,000
    Previous List Price
    US $1,100,000
    Required bid deposit
    US $1,000
    Required bid deposit: US $1,000
    Property Details
    • Belmont County
      Bellaire, OH
    • Property Type: Commercial Property
    • Interior Space: ± 5,772 SF
    • Lot Size: ±10 acres
    • Transaction Fee: 5% (Min $25,000)
    • Broker Co-op: 2.50%

    FRE Auctions and Old Colony Realtors are pleased to present this Online Auction for a beautifully remodeled office building on a generous ±10 AC providing growth opportunities or room for storage, located in Belmont County, Ohio.

    Renovated, ±5,800 SF building for BELOW $26 PSF located in a region with resilient industries. The combination of strategic location, modern infrastructure, and large versatile lot offers potential to maximize long-term value.


     Property Highlights:

    • Strategic Location: Access to major transportation corridors, including OH-7, I-470, I-70 provides a competitive edge for businesses involved in distribution, logistics, or regional services.

    • Turnkey ±5,770 SF Infrastructure: Renovated solid structural base includes updated HVAC systems, allowing for immediate occupancy, eliminating the need for significant initial capital expenditures.
    • Generous ±10 AC lot: Provides physical space for future development, including building expansion, additional parking, outdoor storage, and amenities enabling the ability to scale operations, add value, or develop the site to its full potential. Land Parcel Coverage - Regrid
      • Zoning & Versatility: Industrial zoning allows for a wide range of uses, from traditional warehousing and light manufacturing to modern administrative and professional offices, including those serving the energy and healthcare sectors.
      • Regional Economy: Located in a region with a resilient, industry-supported economy providing an adaptive environment for the building's potential to be repurposed for high-demand uses such as a logistics hub, a medical facility, or an administrative office for the energy sector, offering a clear path to generating a strong return on investment.

      Office Virtual Tour


      Location Information:

      The property is situated in Bellaire, a community in Belmont County, Ohio, a region supported by a resilient and diverse economy that offers a stable foundation for business. With a population exceeding 64,000 and a $58,411 median household income, the area's economic health is not dependent on a single industry. Robust sectors in healthcare, retail, and professional services provide consistent employment and a receptive market for consistent business. 

      The region also maintains a strong industrial identity, anchored by the natural gas industry, particularly within the productive Utica Shale. Major operators such as EQT, Ascent Resources, and Gulfport Energy drive considerable demand for a variety of supporting businesses, from logistics to specialized services. Educational institutions such as Ohio University's Eastern Campus and Belmont College help provide a consistent, educated workforce, which further contributes to the area's long-term stability.

      Downloadable Documents
      Property Information
      Property Viewing

      Property Viewing

      If you would like to visit this property or any other property in this auction event, you are required to execute and electronically submit a Temporary Access Agreement.

      If you visit this property or any other property without first executing a Temporary Access Agreement, you will be trespassing. Please don’t trespass on any properties.

      Start Temporary Access Agreement
      Financing

      Financing

      There is not a Preferred Lender for this auction. You may not include a financing contingency with your bid.

      If you intend to purchase the property ALL CASH, you will be required to provide proof of verifiable funds prior to the offer deadline.

      For further details about Financing, please read the Terms and Conditions of Sale located in the Documents section or contact the FRE.com Support Team.

      Contact Us
      Valeria Vazquez Auction Manager The Future of Real Estate (FRE) (949) 706-6119 E: Vvazquez@fre.com
      Paul Ashmore Property Representative Old Colony Realtors (304) 231-4110 E: Pashmore@oldcolony.com
      Broker of Record for this property: Old Colony Realtors , OH

      All information contained on this website or otherwise communicated, is from sources deemed reliable, but has not been verified for accuracy or completeness, or suitability for any particular purpose. It is presented "as is," and is not warranted or guaranteed by the Seller or its agents including but not limited to the Listing Broker, LFC Communications, Inc. and LFC Marketing Services, Inc. Buyers shall rely entirely on their own judgment, research and inspection of the asset, and are encouraged to independently verify information and to consult with appropriate legal, financial and other advisors and real estate specialists.

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