THIS IS A COMPLETED SALE
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View current listings by this company
Exceptional Village Property - Bar, Restaurant, Motel & Multiple Residential Units
Listing ID#: 891539
| Sale Location |
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Geneva, OH 44041 |
| Sale Dates and Times |
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Thursday Sep 24, 2026 Completed |
| Sale Type |
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Live with Online Auction
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| Company Information |
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KIKO Auctions Contact: Richard Kiko Phone: 3304539187 Email: kiko@kikocompany.com Website: www.kikoauctions.com EstateSale.com ID#: 8928 View company information and listings |
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| Listing Terms and Conditions |
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Real Estate: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed.
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| Listing Information |
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Real Estate: Don’t miss this unique opportunity to purchase one of the largest and most diverse properties in the Village! Situated on 2.4461 acres and encompassing 23 Ashtabula County parcels, this one-of-a-kind property offers a tremendous opportunity for an investor, entrepreneur, hospitality operator, or developer. All parcels sell together as one unit. Located at the corner is the 1,500+ square-foot Triangle Lounge Bar & Restaurant, featuring indoor dining and bar space, outside seating, and a rear outdoor patio. 2025 half-year real estate taxes, $9,013
The balance of the property includes:
• 40 single-bedroom motel units
• 12 two-bedroom cottage units
• Two-bedroom mobile home
• Three-bedroom bungalow home
• Four-bedroom bungalow home
• Several garages and outbuildings
• All public utilities
With multiple buildings, residential units, hospitality space, and additional outbuildings all situated on one property, this is a rare opportunity with tremendous potential for redevelopment, continued operation, or an investor looking to capitalize on the property's many income-producing possibilities.
Auctioneers Note: Property may be viewed by appointment only prior to auction day. Please do not enter the property without permission. All buildings will be open for inspection on auction day beginning at 1:30 PM. The bar and buildings have been vacant since October 2025. Property is being sold AS-IS, WHERE-IS, with no warranties or guarantees.
Court-Ordered Auction: This property must sell for a minimum of two-thirds of the appraised value. The court-ordered appraised value is $841,500, establishing a minimum required sale price of $561,000. Bid accordingly, this is a unique opportunity to purchase a substantial Village property at public auction.
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