Former Nightclub Building Sold for $750K
NORTH LIMA, Ohio – A vacant building and eyesore that once housed Tiffany’s Dolls Cabaret along state Route 7 near the Ohio Turnpike interchange has been sold for $750,000, just as new investment in this part of Beaver Township takes hold.
Records from the Mahoning County Auditor’s website show that the building and 2.6 acres at 10708 Market St. was sold by Lounge Associates on July 6 to an entity based in Lisbon, 10708 Market Street LLC.
The parcel is appraised at $548,000 for tax purposes, according to the auditor.
According to incorporation documents filed with the Ohio Secretary of State’s office, 10708 Market Street was formed on June 29 and lists Benjamin Dickey as its agent.
“We’re working on redeveloping the building and use it for flex space,” said Dickey, a principal investor in the project. He said his group often seeks out abandoned or distressed properties and then brings them back to productive use.
The site was once the location of Tiffany’s, an adult nightclub that featured exotic dancers and was the subject of several raids by law enforcement. The Mahoning Valley Human Trafficking Task Force, township police and state agents raided the club in November 2016. The club closed shortly after.
“It’s a major eyesore and has been for many years,” said Rick Martin, Beaver Township zoning inspector.
Dickey said there are additional plans for the property. These could include a truck-wash operation, since this area of North Lima is anticipating further growth and investment.
Dickey said he was to meet with his contractor Tuesday about the project. “Then I’ll go back to the township and talk about zoning,” he added.
The development comes as 15 acres across the street is under preparation for a new Love’s Travel Stops & Country Stores. Workers are busy grading the site, and officials expect the travel stop to be completed by early next year.
The Love’s project is estimated at approximately $15 million and is among the largest of the company’s travel stops in the country, Martin said.
Copyright 2024 The Business Journal, Youngstown, Ohio.
