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General Ohio University Discussion/Alumni Events
Topic:  OHIO Surplus Real Estate

Topic:  OHIO Surplus Real Estate
Author
Message
Campus Flow
General User

Member Since: 12/20/2004
Location: Alexandria, VA
Post Count: 4,431

Status: Offline

  Message Not Read  OHIO Surplus Real Estate
   Posted: 9/13/2022 11:37:17 AM 
From the university website it shows what they have for sale. The entire W.Union St block across from Bromley Hall is up for sale. RTEC building is not up for sale which might portend future development there.

Woolworth's Building
Hanning Hall (OCF said the city may buy this one)
Lasher Hall
Central Classroom Building (redevelop into lofts?)
Crewson House (prime location on college green & court st)

https://www.ohio.edu/real-estate/forsale


Most Memorable Bobcat Events Attended
2010 97-83 win over Georgetown in NCAA 1st round
2012 45-13 victory over ULM in the Independence Bowl
2015 34-3 drubbing of Miami @ Peden front of 25,086

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SBH
General User

Member Since: 12/20/2004
Post Count: 3,190

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 9/13/2022 2:49:30 PM 
Crewson House would be a great buy at $304K. Awesome property for a B&B.

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Alan Swank
General User

Member Since: 12/11/2004
Location: Athens, OH
Post Count: 6,644

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 9/13/2022 4:49:02 PM 
SBH wrote:
Crewson House would be a great buy at $304K. Awesome property for a B&B.



That's the auditor's appraised value which is most likely 200K short of market value. Still a great location for a B&B.

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Campus Flow
General User

Member Since: 12/20/2004
Location: Alexandria, VA
Post Count: 4,431

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 9/13/2022 6:34:06 PM 
Alan Swank wrote:
SBH wrote:
Crewson House would be a great buy at $304K. Awesome property for a B&B.



That's the auditor's appraised value which is most likely 200K short of market value. Still a great location for a B&B.


With a real estate bubble potential exists for a discount in the near future though.


Most Memorable Bobcat Events Attended
2010 97-83 win over Georgetown in NCAA 1st round
2012 45-13 victory over ULM in the Independence Bowl
2015 34-3 drubbing of Miami @ Peden front of 25,086

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BillyTheCat
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Member Since: 10/6/2012
Post Count: 8,312

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  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 9/14/2022 8:46:10 AM 
How many of these will the University sell at a loss?
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OhioCatFan
General User



Member Since: 12/20/2004
Location: Athens, OH
Post Count: 12,491

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 9/14/2022 10:46:38 AM 
BillyTheCat wrote:
How many of these will the University sell at a loss?


Probably all of them.


"It is better to be an optimist and be proven a fool than to be a pessimist and be proven right."

Note: My avatar is the national colors of the 78th Ohio Veteran Volunteer Infantry, which are now preserved in a climate controlled vault at the Ohio History Connection. Learn more about the old 78th at: http://www.78ohio.org

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Ohio69
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Member Since: 12/20/2004
Post Count: 2,893

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 9/15/2022 8:39:01 AM 
OhioCatFan wrote:
BillyTheCat wrote:
How many of these will the University sell at a loss?


Probably all of them.



More important is who they sell them to and what their plan is. Gotta be real careful.




Can somebody hit a pull up jumper for me?.....

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Recovering Journalist
General User

Member Since: 8/17/2010
Location: Cleveland, OH
Post Count: 1,774

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 9/16/2022 1:53:51 PM 
Campus Flow wrote:
Alan Swank wrote:
SBH wrote:
Crewson House would be a great buy at $304K. Awesome property for a B&B.



That's the auditor's appraised value which is most likely 200K short of market value. Still a great location for a B&B.


With a real estate bubble potential exists for a discount in the near future though.


Whether you got it at that price or for more or less, it would take hundreds of thousands more to make it a viable modern B&B. It's been offices for decades and people generally want private bathrooms. And that's not to mention all the codes and regulations you'd have to meet. Finally, given the painfully obvious deferred maintenance all around campus, it's a safe bet that this place needs some fundamental work on top of all that.
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Jeff Johnson
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Member Since: 12/20/2004
Location: Lake Frederick, VA
Post Count: 156

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 9/16/2022 10:26:14 PM 
Ohio69 wrote:
OhioCatFan wrote:
BillyTheCat wrote:
How many of these will the University sell at a loss?


Probably all of them.



More important is who they sell them to and what their plan is. Gotta be real careful.




I gotta say that the old Woolworth building would make a great location for a bar. ;)


Jeff Johnson '67, Lake Frederick, Virginia
Beer is living proof that God loves us and wants us to be happy. Benjamin Franklin

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Pataskala
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Member Since: 7/8/2010
Location: At least six feet away from anybody else
Post Count: 8,810

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 9/25/2022 2:04:30 PM 
Jeff Johnson wrote:
Ohio69 wrote:
OhioCatFan wrote:
BillyTheCat wrote:
How many of these will the University sell at a loss?


Probably all of them.



More important is who they sell them to and what their plan is. Gotta be real careful.




I gotta say that the old Woolworth building would make a great location for a bar. ;)


In Athens is there not a good location for a bar? Fifty years ago some friends of mine bought the bar down the alley next to what is now Chipotle. I think it was behind the old Varsity Theater. They changed the name from Up the Alley to Up Your Alley and later The Longbranch Saloon. The place was packed almost every night. Of course, this was when 18-year-olds could buy 3.2 beer.

Come to think of it, it was in back of the Woolworth building.

Last Edited: 9/25/2022 2:11:06 PM by Pataskala


We will get by.
We will get by.
We will get by.
We will survive.

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Bobcatbob
General User



Member Since: 12/21/2004
Location: Coolville, OH
Post Count: 1,319

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 10/1/2022 8:58:17 PM 
Pataskala wrote:
Jeff Johnson wrote:
Ohio69 wrote:
OhioCatFan wrote:
BillyTheCat wrote:
How many of these will the University sell at a loss?


Probably all of them.



More important is who they sell them to and what their plan is. Gotta be real careful.




I gotta say that the old Woolworth building would make a great location for a bar. ;)


In Athens is there not a good location for a bar? Fifty years ago some friends of mine bought the bar down the alley next to what is now Chipotle. I think it was behind the old Varsity Theater. They changed the name from Up the Alley to Up Your Alley and later The Longbranch Saloon. The place was packed almost every night. Of course, this was when 18-year-olds could buy 3.2 beer.

Come to think of it, it was in back of the Woolworth building.


Ah, I wasted many an evening in The Longbranch. Please donít tell your friend, but I think I still have one of their pitchers. I really canít recall how it got here though.

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SBH
General User

Member Since: 12/20/2004
Post Count: 3,190

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 10/2/2022 9:20:18 AM 
Pataskala wrote:
Jeff Johnson wrote:
Ohio69 wrote:
OhioCatFan wrote:
BillyTheCat wrote:
How many of these will the University sell at a loss?


Probably all of them.



More important is who they sell them to and what their plan is. Gotta be real careful.




I gotta say that the old Woolworth building would make a great location for a bar. ;)


In Athens is there not a good location for a bar? Fifty years ago some friends of mine bought the bar down the alley next to what is now Chipotle. I think it was behind the old Varsity Theater. They changed the name from Up the Alley to Up Your Alley and later The Longbranch Saloon. The place was packed almost every night. Of course, this was when 18-year-olds could buy 3.2 beer.

Come to think of it, it was in back of the Woolworth building.


One bad location was the Old Tool Tavern (?), which opened along the tracks between Lakeview Apartments and East Green. It did not last long.



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Alan Swank
General User

Member Since: 12/11/2004
Location: Athens, OH
Post Count: 6,644

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 10/2/2022 10:50:55 AM 
SBH wrote:
Pataskala wrote:
Jeff Johnson wrote:
Ohio69 wrote:
OhioCatFan wrote:
BillyTheCat wrote:
How many of these will the University sell at a loss?


Probably all of them.



More important is who they sell them to and what their plan is. Gotta be real careful.




I gotta say that the old Woolworth building would make a great location for a bar. ;)


In Athens is there not a good location for a bar? Fifty years ago some friends of mine bought the bar down the alley next to what is now Chipotle. I think it was behind the old Varsity Theater. They changed the name from Up the Alley to Up Your Alley and later The Longbranch Saloon. The place was packed almost every night. Of course, this was when 18-year-olds could buy 3.2 beer.

Come to think of it, it was in back of the Woolworth building.


One bad location was the Old Tool Tavern (?), which opened along the tracks between Lakeview Apartments and East Green. It did not last long.





The problem with that place was it was the only bar in that area. Wasn't possible to bar hop.

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Campus Flow
General User

Member Since: 12/20/2004
Location: Alexandria, VA
Post Count: 4,431

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 10/2/2022 6:10:39 PM 
Pataskala wrote:
Jeff Johnson wrote:
Ohio69 wrote:
OhioCatFan wrote:
BillyTheCat wrote:
How many of these will the University sell at a loss?


Probably all of them.



More important is who they sell them to and what their plan is. Gotta be real careful.




I gotta say that the old Woolworth building would make a great location for a bar. ;)


In Athens is there not a good location for a bar? Fifty years ago some friends of mine bought the bar down the alley next to what is now Chipotle. I think it was behind the old Varsity Theater. They changed the name from Up the Alley to Up Your Alley and later The Longbranch Saloon. The place was packed almost every night. Of course, this was when 18-year-olds could buy 3.2 beer.

Come to think of it, it was in back of the Woolworth building.


The last 25 years or so in Athens the direction of new bars has gone away from little taverns to larger sports bars with outdoor seating options if possible. Then too having respectable food is a money maker like the North End Kitchen and Bar on court street where the old Cornwell Jewelers was located. They have signature street tacos to bring people in.

https://northendathens.com/wp-content/uploads/2021/11/Nor...


Most Memorable Bobcat Events Attended
2010 97-83 win over Georgetown in NCAA 1st round
2012 45-13 victory over ULM in the Independence Bowl
2015 34-3 drubbing of Miami @ Peden front of 25,086

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Campus Flow
General User

Member Since: 12/20/2004
Location: Alexandria, VA
Post Count: 4,431

Status: Offline

  Message Not Read  RE: OHIO Surplus Real Estate
   Posted: 10/2/2022 6:40:26 PM 
FWIW checking out the Athens, Ohio visitor bureau website there are 105 restaurants in Athens proper including all types. Oxford has 68 by comparison so I think there are plenty enough places for a college student on a tight budget to buy some food and drink. Clemson only has 53 restaurants and has hauled in Top 5 recruiting classes.


Most Memorable Bobcat Events Attended
2010 97-83 win over Georgetown in NCAA 1st round
2012 45-13 victory over ULM in the Independence Bowl
2015 34-3 drubbing of Miami @ Peden front of 25,086

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