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Tuscarawas County accepts letter of intent to buy three Mushrush properties for $3.2 million
Summary
The Tuscarawas County Board of Commissioners accepted a non-binding letter of intent March 11 to purchase three New Philadelphia commercial properties from Mushrush LLC for an aggregate price of $3,200,000. The LOI is conditional on inspections, environmental assessments and title clearances; the board voted unanimously.
The Tuscarawas County Board of Commissioners voted unanimously March 11 to accept a non-binding letter of intent from Mushrush LLC to buy three commercial properties in New Philadelphia for a combined price of $3,200,000.
The properties identified in the LOI are 1427 Oldtown Valley Road S.E., a 4.43-acre multi-structure service garage complex (approximately 14,000 square feet); and a combined 7.0-acre tract including 1811 Possum Hollow Road S.E. and 1621 Oldtown Valley Road S.E., with a reported finished gross building area of about 22,676 square feet. The LOI cites…
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