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SELLS ABSOLUTE TO HIGHEST BIDDER - NO RESERVE! Parcels 1 & 2 will sell as Lot #1 Parcels 3,4 & 5 will sell as Lot #2 All 5 parcels will sell together as Lot #3 Whichever way brings the most money for the seller will be chosen the winning bidder(s). The property at 11524 E. Market St. in North Lima, Ohio, is a truly unique offering, featuring 39+/- wooded acres with a creek running from Market Street to Sharrott Road. The main house is a 1,373 sq ft house built in 1941 with 2 bedrooms downstairs and 2 rooms upstairs. The house has been updated 90% of the way. In addition, there is a one-room log cabin and multiple functional outbuildings, providing this estate with vast potential. Among the structures is a 60' x 100' free-span metal pole barn, a prime candidate for conversion into a wedding barn venue or event space. Featuring a polished cement floor throughout and wide open rafters in the ceiling, this wide open structure could host everything from private parties to community gatherings to barn-style weddings and receptions, offering rental potential that can drive steady income. The equestrian opportunities on this property are immense. The land currently includes a three-stall horse barn, making it suitable for immediate use as a small horse farm. There is room in the horse barn for additional stalls to be constructed. There are five large 20' x 40' storage spaces in one of the buildings, which are normally rented monthly or annually. All the buildings are metal sided, roofed and in excellent condition. With 39 acres of mostly wooded land, there is ample space to develop riding trails that wind through the property, making it perfect for horseback riding enthusiasts. These trails could cater to both personal use or commercial endeavors like a horseback riding club, equestrian lessons, or weekend retreats. Given the rural yet accessible location in North Lima, this property offers both seclusion and convenience. North Lima has seen steady growth in recent years, and the area is attractive to those seeking countryside living with easy access to amenities. The proximity to major roads, like I-680 and the Ohio Turnpike, makes it an appealing location for those wanting a quiet lifestyle without sacrificing access to nearby towns like Boardman and Youngstown. As North Lima continues to develop, there's potential for local tourism to expand, especially around outdoor activities like hiking, horseback riding, and event hosting-further increasing the property's value. The 39 acres present many options for growth. In addition to equestrian opportunities and potential as an event venue, the expansive land offers possibilities for agricultural ventures, such as organic farming or a tree nursery. The land could also be subdivided for residential development, given its zoning and location, making it an attractive investment for developers. Overall, 11524 E. Market St. is a versatile property brimming with potential for various uses, from equestrian endeavors and agricultural projects to event hosting and development. The combination of its natural beauty, existing structures, and development opportunities make it a highly attractive option for those looking to invest in North Lima's growing community. Whether as a private retreat, a horse farm with riding trails, or a mixed-use event space and development, this property offers endless possibilities. Lot Size: Parcel 1 = 7.237 ac Parcel 2 = 10.01 ac Parcel 3 = 5.02 ac Parcel 4 = 10.49 ac Parcel 5 = 6.34 ac |
