Property
Beds
None
Full Baths
None
1/2 Baths
None
Year Built
2005
Sq.Footage
N/A
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. Quarry spans 56 acres, with sandstone extraction taking place over a 10-acre area. 400 million tons of premium sandstone. Includes water and mineral rights, and potential for further development. Three buildings-Large building-8,400 SF, Small building-900 SF, Office building- 412 SF. Includes water and mineral rights, and potential for further development Sandstone Slabs: Custom-cut for landscaping and architectural applications. Sandstone Blocks: Various types for erosion control. Aggregate Stone: For driveways, landscaping, and commercial developments. Petroleum 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.
Features & Amenities
Interior
Area & Lot
-
Lot Size(acres)
56.0
-
Property Type
Commercial Sale
Exterior
-
Garage
No
Financial
-
Sales Price
$5,500,000
-
Tax Amount
18555.0
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Location
County
Lorain
Elementary School
Firelands LSD - 4707
Middle School
High School
Listing Courtesy of Wesley Purvis , Berkshire Hathaway HomeServices Professional Realty
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