Coshocton school properties sell for $240,000
COSHOCTON – Despite bitter cold and near blizzard like conditions, several brave souls attended the Coshocton schools’ property auction at the site of the former Central and Lincoln elementary buildings. A spirited bidding process took the Central lot and associated parking lots to the $200,000 level, with Craig Casey, representing an unidentified third party, being the high bidder. None of the bids are official until the Coshocton City Schools Board approves the sale – probably at the Tuesday evening, Feb. 17 meeting – which will be at 4:45 p.m.
Jim Nelson, with Century 21 Court Square Realty, was the auctioneer. Each tract was offered as a separate parcel with that total being $72,000. With the high bid being $200,000, that bid becomes the successful bid upon approval.
Nelson gave those in attendance a clear and concise description of each parcel and explained that the basement walls and all associated elements of the former school were hauled away – giving someone a clean lot to work with, including access to city water, sewer and even high capacity electric.
The Lincoln Elementary School lot auction was a bit more challenging for Nelson, who wanted to start the bidding at $50,000 and started at $30,000 before finishing at $40,000 with Joe Weaver securing the high bid for Weaver Construction. There were several interested parties bidding on the property and its two tracts. There was no interest in bidding on the separate parcels. Again, the bids are not official until approved by the Coshocton City Schools Board.
Coshocton City Schools Superintendent Dr. David Hire, who attended both auctions along with at least one school board member, said he was pleased with the results of the auction.
Watch the Beacon’s website, Facebook and Twitter page for posts following the school board meeting on Tuesday evening, Feb. 17.
mark@coshoctoncountybeacon.com
Category: Education
