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Posted on: November 22, 2021

Notice of Sale for 2342 Pressler Road (Click below for sale details.)


Sale of Pressler Property pdf

Notice of Sale: 

Notice is hereby given that the Springfield Township Trustees will accept sealed bids no later than 1:45 pm on December 16, 2021 (“Due Date”) for the sale of the real property located at 2342 Pressler Road, Springfield Township, Summit County, Ohio, consisting of parcel numbers: 5105744, 5105745, 5105746 and 5105747. 

All sealed bids must be in writing and delivered by the Due Date to the Springfield Township Hall, 2459 Canfield Road, Akron, OH 44312-3817. 

The Township reserves the right to accept the highest bid or reject all of the bids. 

The terms of the sale are: 

1. Purchase will be for cash or cash equivalent payable at closing. Closing shall take place approximately 45 days after: the highest and best bid is accepted by the Springfield Township Trustees and a purchase agreement is executed by all parties. 

2. The Township shall provide marketable title at closing and a title insurance Owner’s policy in the amount of the purchase price. One-half of the cost for the title insurance policy and escrow fees will be paid by the Township and the other one-half by the buyer. 

3. All other closing expenses will be allocated pursuant to custom and usage in real estate closings in Summit County. 

4. Use restrictions will be recorded at closing prohibiting the future use of any part of the property, including any existing building, for any business, profession, or commercial enterprise. 

5. This Notice shall also be posted on the Township website at www.springfieldtownship.us 

This Notice can be accessed by following the link on the homepage of www.springfieldtownship.us

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