This is the second property that serves as a gateway into Circleville that BialyCorp owns. This property formerly known as the Smith Block was purchased out of foreclosure and was in dire straits at the time of purchase. The main supporting beam on the trusses was split in half and the roof was caving in. Jon and Ike had no other choice but to complete a demolition of the structure, which has opened up much needed parking for businesses, along with annually housing the Santa House at Christmas time. Ike and Jon plan to develop this land in the future, however, until then they provide free parking to patrons of downtown Circleville.