Commercial Real Estate for Sale at 14647 State Route 511 in Oberlin, OH for $6,500,000

Listing data updated December 16, 2024 - 2:18am
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14647 State Route 511 | Oberlin

$6,500,000 | 0.0 Sq. Ft.

Kipton Quarry presents a robust investment opportunity within the desirable Berea Formation with its extensive sandstone reserves and a unique spring water asset. The quarry's advanced operations, diverse product offerings, and potential for growth make it a compelling proposition for investors seeking to capitalize on both the sandstone and bottled water industries.\r\n\r\nQuarry spans 56 acres, with sandstone extraction taking place over a 10-acre area.\r\n400 million tons of premium sandstone.\r\nIncludes water and mineral rights, and potential for further development.\r\nThree buildings-Large building-8,400 SF, Small building-900 SF, Office building- 412 SF.\r\nIncludes water and mineral rights, and potential for further development\r\nSandstone Slabs: Custom-cut for landscaping and architectural applications.\r\nSandstone Blocks: Various types for erosion control.\r\nAggregate Stone: For driveways, landscaping, and commercial developments.\r\nPetroleum Cores: Supplied globally for oil and gas industry testing. These cores are highly valuable and essential for accurate geological analysis and testing, a process uniquely supported by the exceptional quality of Berea sandstone. MLSNow 5090097

Directions to property: US-20 to OH-511 N/State Street.

MLS Listing ID: 
MLSNow 5090097
Listing Category: 
Purchase
Listing Status
Status of the Listing.
Listing Status: 
Active
Listing Status (Local): 
Active
Listing Pricing
Pricing information for this listing.
List Price: 
$6,500,000
Basic Property Information
Fields containing basic information about the property.
Property Type: 
Commercial
Property Sub Type: 
Industrial
Primary Market Area: 
Oberlin
Address: 
14647 State Route 511, Oberlin, OH 44074
County: 
Lorain
Latitude: 
41.2620678
Longitude: 
-82.3027516
Directions: 
US-20 to OH-511 N/State Street.
Public Remarks: 
Kipton Quarry presents a robust investment opportunity within the desirable Berea Formation with its extensive sandstone reserves and a unique spring water asset. The quarry's advanced operations, diverse product offerings, and potential for growth make it a compelling proposition for investors seeking to capitalize on both the sandstone and bottled water industries.\r\n\r\nQuarry spans 56 acres, with sandstone extraction taking place over a 10-acre area.\r\n400 million tons of premium sandstone.\r\nIncludes water and mineral rights, and potential for further development.\r\nThree buildings-Large building-8,400 SF, Small building-900 SF, Office building- 412 SF.\r\nIncludes water and mineral rights, and potential for further development\r\nSandstone Slabs: Custom-cut for landscaping and architectural applications.\r\nSandstone Blocks: Various types for erosion control.\r\nAggregate Stone: For driveways, landscaping, and commercial developments.\r\nPetroleum Cores: Supplied globally for oil and gas industry testing. These cores are highly valuable and essential for accurate geological analysis and testing, a process uniquely supported by the exceptional quality of Berea sandstone.
Community Information
School District: 
Firelands LSD - 4707
Subdivision: 
Camden 11
Building Details
Details about the building on a property.
Year Built: 
2005
Living Area: 
0.0
Room Details
Details about the rooms in the building.
Total Bedrooms: 
0
Total Bathrooms: 
0
Total Full-Bathrooms: 
0
Total Half-Bathrooms: 
0
Total One-Quarter-Bathrooms: 
0
Total Three-Quarter-Bathrooms: 
0
Utilities
Information about utilities available on the property.
Heating System: 
Electric
Lot/Land Details
Details about the lots and land features included on the property.
Acres: 
56
Lot Size (Area): 
56
Public Record
Parcel Number: 
13-11-006-000-014
Annual Tax: 
$18,555.00
Contract Details
Details about the listing contract.
Possession: 
Negotiable
Disclosures: 
Principal is Real Estate Licensed
Listing Participants
Participants (agents, offices, etc.) in the transaction.
Listing Agent Name: 
Wesley Purvis
Listing Office Name: 
Berkshire Hathaway HomeServices Professional Realt

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