GIRARD — The former Syro Steel facility has been sold for $400,000 to a Lisbon-based developer who plans to invest in the property for its reuse.

According to records from the Trumbull County Auditor’s Office, the company 1170 State Road LLC purchased the land and several buildings, including a large manufacturing facility, from Syro Steel Co., which had owned it since 1990.

Records from the Ohio Secretary of State’s Office show 1170 State Road LLC formed Aug. 12 and is affiliated with Benjamin Dickey in Lisbon.

“At this point, there are literally five buildings on the site,” Dan Crouse, a commercial / industrial agent with Platz Realty Group, said.

The site, 1170 N. State St., Girard, contains a 100,000-square-foot manufacturing / industrial building, about 40,000 square feet of which will be torn down, Crouse said.

“It’s not good; the roof is bad, the ceilings are low. It’s just not the kind of building that does well in today’s market. That 40,000 square feet of the 100,000-square-foot building will come down. The remaining 60,000 square feet will be improved, re-lit, clean and put back out” for use.

The building contains direct rail access.

Three other smaller buildings of 10,000 square feet of furnished office space; 7,000 square feet that includes a 5-ton overhead crane; and one of 21,000 square feet will be improved for lease.

The site also contains a steel Quonset hut large enough, Crouse said, to accommodate a couple semitrailers.

“Originally it was a demonstration building that Syro Steel had made for the U.S. Army. They could put them up real quick and taxi small airplanes into them … and that is what it was there for. It was a demonstration building for that purpose,” Crouse said.

Two other buildings at the site, protected by a fence and camera security system, will be demolished.

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