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Auction listing: the list price is not an asking price.

20,944 SF building2.84 acre lot

2901 Liberty AveVermilion, OH 44089

Commercial property (from the listing description) · MLS 12042758 · Listed 9 days ago (Oct 26, 2026)

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Active: Listed and available according to the MyStateMLS feed.

About this property

Bank-Ordered Real Estate Auction with bidding ending on Monday, December 7th at NOON. SELLS TO THE HIGHEST BIDDER, SUBJECT TO BANK APPROVAL! Please visit OhioRealEstateAuctions dotcom for the full list of property highlights and auction details, and to place your bid! Recent 2026 appraisal is $1,370,000. Outstanding opportunity to acquire the former Vermilion Farm Market, a 20,944-square-foot commercial property located on 2.84 acres along State Route 6, just steps from Lake Erie in Vermilion, Lorain County, Ohio. Previously operated as a full-service grocery store, this substantial commercial facility offers tremendous potential for reopening as a grocery or specialty food market, retail operations, warehousing, distribution, food processing, or redevelopment. BONUS: ALL EXISTING PERSONAL PROPERTY INSIDE THE BUILDING IS INCLUDED AT NO ADDITIONAL COST! The property contains an extensive assortment of grocery store fixtures, equipment, refrigeration units, and other items that could provide significant value to the successful purchaser. This is a bank-forced sale, providing investors, business owners, entrepreneurs, and commercial real estate buyers an opportunity to acquire a substantial property with valuable existing improvements and equipment.

Description provided by the listing brokerage.

Key facts

Auction pricing
Auction · see terms
Status
For sale
Property type
Commercial (type not stated)From the listing description
Building area
20,944 SFSource field LivingArea
Land area
2.84 acresSource field LotSizeAcres
MLS number
12042758

Facts are reported by the listing brokerage. Items not listed were not provided; that does not mean the property lacks them or that they are zero.

Price

List price (not an asking price)
$500,000 as listed
Annual taxes
$32,900

Auction terms, reserves and buyer premiums are set by the seller and auctioneer. Confirm every term with the listing agent before bidding.

Auction details

Bidding opens (as listed)
2026-10-23 12:00:00
Bidding closes (as listed)
2026-12-07 12:00:00
Online only
Yes

Building and site

Stories
2
Reported zoning
CommercialAs reported by the listing. Confirm permitted uses for your plans with the local zoning authority.
County
Lorain County

Listing details

Roof

  • Asphalt

Virtual tours and video

Location

The pin is the listing's reported coordinates and may be approximate. It is not a parcel boundary or survey and says nothing about access rights, easements or flood zones. See more listings in Vermilion.

Why this listing is on Commercial Only

  • The listing carries auction terms; its list price is not an asking price. (AuctionURL_C: Auction)
  • MLS property class detail. (PropertyTypeDetail: comm-building)

How listings qualify. Something wrong? Report it.

Price and status history

    Changes observed by Commercial Only in MyStateMLS data since Nov 3, 2026. This is not a public-record sales or lease history.

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    Guides

    Listing courtesy of Ohio Real Estate Auctions. Listing agent: Barry Baker. Listings provided by MyStateMLS.

    Listing last modified at the source Oct 26, 2026, 8:48 PM UTC. Commercial Only last confirmed MyStateMLS data Nov 4, 2026, 1:00 AM UTC. Information is deemed reliable but not guaranteed; verify all details with the listing representative.