Prime Commercial Building in a Great Downtown Morgantown Location

Prime Commercial Building in a Great Downtown Morgantown Location

Commercial Real Estate Auction   Tuesday, June 18th at 6:00PM Registration & Inspection begin at 5:00PM   1370 University Ave. Morgantown, WV   PRIME LOCATION – INCREDIBLE OPPORTUNITY  

Live and Online Bidding

Call: Joe Panico

Commercial Real Estate Auction

 

Tuesday, June 18th at 6:00PM

Registration & Inspection begin at 5:00PM

 

1370 University Ave.

Morgantown, WV

 

PRIME LOCATION – INCREDIBLE OPPORTUNITY

 

You will not find a better location for your business in Downtown Morgantown!  With plenty of parking and an easy walk to the Downtown Campus of West Virginia University, the possibilities for this property are endless.  This location is ideal for a restaurant/nightclub combo, professional offices, or retail of any type.  Call us today to learn more or schedule a tour. 

 

 

10,547+/- sqft, Two-Story Commercial Building

9,011+/- sqft. Retail Space

24 Lined Parking Spaces

Currently Configured with a Restaurant Space and Retail Space

Fully Equipped, Ready-to-Go Pizza Shop Conveys with Real Estate

Each Unit Separately Metered

Retail Space has an Elevator

Forced Air Gas Heat & Central Air in both Units

Flat Rubberized Roof with Gravel Covering on Retail Space; Metal Trussed Roof on Restaurant Space

Zoned B-4 (General Business)

Access to Property from Highly Traveled University Avenue and Chestnut Street

Close Proximity to Downtown WVU Campus

District 11, Map 26A, Parcel 82 & 81

 

10% buyer’s premium.  60 days to close.  High bid will be held 48 hours for owner confirmation.  Please read full terms and conditions before bidding. 

 

REAL ESTATE TERMS: 10% nonrefundable down payment made day of auction (or within 24 hours for online bidders) with balance due at closing. Cash, check, & wire transfer accepted.  Credit cards will not be accepted for the down payment.  No financing contingencies will be entered into the contract. Any required inspections must be completed prior to bidding. Property is being sold as is, where is with no warranty written or implied. 

Property will be sold free and clear of all liens. Seller is conveying surface rights only with no oil, gas, coal, mineral, or other subsurface interests conveyed unless otherwise noted.  60 days given to close. Announcements sale day take precedence over all advertisements published. 10% Buyers Premium will be added to determine final contract price.  Name of purchaser on contract must be the name of the winning bidder or an entity which the winning bidder legally represents.  No exceptions.  Real estate sold subject to owner confirmation unless otherwise noted. 

 

AGENCY DISCLOSURE: Joe R. Pyle Auction and Realty Service is acting as Auctioneer/Agent and is an agent for the seller only.

 

DISCLAIMER: All information regarding the description of this property is derived from sources deemed reliable but not warranted. Information is believed to be correct to the best of auctioneer/agent’s knowledge but is subject to inspection and verification by all parties relying on it. Sellers, their representatives and auctioneer/agent shall not be liable for inaccuracies, errors, or omissions.

Any references to acreage, unless otherwise noted, are derived from public record and are not warranted.  Buyers are responsible for conducting their own research prior to bidding.

 

BUYER/BROKER INFORMATION: Commission will be paid to any properly licensed buyer's broker who registers a successful buyer according to the Broker Participation Guidelines. Broker registration forms are available on our website or from the company office. Broker must be registered 24 hours prior to Auction.  Brokers/Agents are not entitled to a commission if they are the purchaser.

 

We don't just list your property - WE SELL IT!

JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

Joe R. Pyle, Broker

(888) 875-1599

5546 Benedum Drive Shinnston West Virginia 26431

www.joerpyleauctions.com

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