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Auction #
507 -
Interior Space:
± 5,772 SF -
Lot Size:
±10 acres -
Transaction Fee:
5% (Min $25,000) -
Broker2.5%
Co-op:
±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 43906FRE 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.
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.
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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 AgreementFinancing
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.
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6Winner is DeclaredBuyer deposits purchase funds, and closing coordinator assists Buyer and Seller with final paperwork.
ADD PROPERTY TO FAVORITES
Bellaire, OH 43906
-
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.
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.
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 AgreementFinancing
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.