Vagabond Village Auction
PREVIEW: Monday, Nov. 7, 4-6 pm
AUCTION: Monday, Nov. 21 @ 6:30 pm
After 72 years of serving customers, Vagabond Village has decided to close its doors and offer its real estate & equipment via public auction.
Monday, November 21, 2022 @ 6:30 pm
18187 US 127
Cecil, OH 45821
This property provides plenty of space & a great location for your next business venture. The sky is the limit on the potential options this property could become - continue as a restaurant, add a farmer's market and/or retail store - let your imagination run wild!
Restaurant (with equipment), former carryout & house with approx. 8.5+/- acres selling in 2 tracts.
TRACT 1: 7.27± acres. Current site includes restaurant & equipment, carryout w/ canopy & single-family home w/ garage.
***Potential CRA tax abatement opportunities available***
RESTAURANT, EQUIPMENT & LIQUOR LICENSE: D1 & D2 liquor license, 10’x28’ main kitchen area, 20’x18’ prep area, 15’x10’ prep area, 12’x10’ dishwashing area, 18’x9’ walk-in freezer, 18’x9’ walk-in cooler, restrooms. Restaurant equipment includes tables, booths & chairs (current seating arrangement seats 133 including bar area), service ware, Blodgett double deck oven, Imperial gas stove/oven, Intek Xtreme Steam, Broaster Model 1800, Cres Cor warmer, True freezer, True cooler, Kool Aire ice machine, Southbend convection oven, grills, fryers & vent hoods. Does not include dishwasher, Bunn coffee maker or juice machine. Second floor contains additional space for storage or expansion.
CARRYOUT & CANOPY: 29’x40’ building, 30’ x 78’ canopy. Building includes food prep area with 20’x7’ retail cooler, 1 bathroom & a sunroom. Fuel tanks have been removed. Would make a great carryout, retail space or workshop for your special projects.
SINGLE FAMILY HOME W/ GARAGE: 1.5-story, 4 BR, 1 BA, 1,996 sq. ft. home on a partial basement with beautiful views of the river. 20’x14’ living room, 14’x10’ kitchen, 15’x12’ utility room, 2 main floor BR – 13’x9’ each, 2 second story BR - 15’x9’ each. New electric water heater in the home. Propane wall heat in each room. Garage: 26’x24’, concrete floor & door opener. River front access & beautiful river views Excellent opportunity to make this your next home or turn it into a vacation rental.
TRACT 2: 0.59± wooded acres. UPDATED ACREAGE Limited access, w/ approx. 40 ft. of road frontage along US 127 & 80 ft. of river bank at the back of the tract.
Multipar bidding system will be used. Tracts will be offered individually & as a whole. Property being sold as is, where is. No warranties expressed or implied. 10% non-refundable down payment due at end of auction. Balance at closing on or before 30 days. Buyer will be required to enter into a cash purchase contract that is not contingent upon financing. Be sure to have your financing secured before the auction. All properties are selling subject to easements, leasehold interests, mineral and/or oil and gas interests, right-of-ways, and building, use and zoning restrictions, if any. Bidders should inspect property and review all pertinent documents and information available as each bidder is responsible for evaluation of the property and shall not rely upon the Seller, Broker, or Auctioneer. All statements made day of auction take precedence over any printed material.