Get Full Government Meeting Transcripts, Videos, & Alerts Forever!
Get email alerts on the Real Estate Purchase topic
No spam. Unsubscribe anytime.
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 appraisals dated January 2026: $965,000 for the 1427 Oldtown parcel and $2,700,000 for the combined parcels.
Under the LOI, the county would pay an aggregate purchase price of $3,200,000. The document states that the purchase is conditional: buyers will be allowed reasonable due diligence, including environmental site assessments and physical inspections; the seller must deliver a title commitment and survey; and the sale is expressly non-binding pending execution of a formal purchase-and-sale agreement.
Commissioner Greg Ress, who introduced the motion to accept the LOI, said the acquisition would likely cost the county less than constructing a new facility. "With help from Senator Landis and Doug Bachman, purchasing this building will cost well below what it would cost to build a new building," Ress said, and added the site "would be a good place for the engineer to move into." The motion was seconded by Commissioner Mitch Pace and carried with votes recorded as Kristin Zemis, yes; Greg Ress, yes; Mitch Pace, yes.
The LOI lists typical seller warranties and pre-closing obligations, and gives the county 10 business days from LOI execution to present a purchase agreement and 60 days after a purchase agreement to complete due diligence (with possible negotiated extensions). It also states the seller will permit environmental and water/sewer inspections and will clear taxes and utilities prior to closing.
Next steps identified in the LOI include delivery of a purchase agreement by the county within 10 business days of LOI execution and a 60-day due-diligence period once a purchase agreement is signed. The LOI emphasizes that it is non-binding and that any purchase must be memorialized in a formal contract.
