Absolute Real Estate Auction
Thursday, June 27th at Noon
Registration and Inspection begin at 11:00AM
AUCTION WILL BE HELD at Garage B – Lee Street
Quarrier Street
Charleston, WV
Three Parking Garages in Downtown Charleston - LAND INCLUDED
SELLING TO THE HIGHEST BIDDERS
A once in a lifetime investment opportunity in Downtown Charleston, WV. Three Income Producing Parking Garages with over 4,000 Parking Spaces selling to the highest bidders! Located near major businesses, restaurants, and attractions. Buy One or Buy Them All!
SUBJECT #1: Quarrier Street, Charleston, WV
“Garage A”
Approximately 1,659 Parking Spaces
Elevator Access
District 11, Map 4, Parcel 4.6
3.01+/- Acres (as assessed)
Zoning Class: CBD – Central Business District, Land Use 393 (Auxiliary Improvement C/1)
SUBJECT #2: Lee Street, Charleston, WV
“Garage B”
Approximately 2,069 Parking Spaces *Includes Lee Street Overpass*
Elevator Access
District 11, Map 4, Parcel 4.7
3.01+/- Acres (as assessed)
Zoning Class: CBD – Central Business District, Land Use 393 (Auxiliary Improvement C/1)
Subject #3: Washington St E, Charleston, WV
“Garage C”
Approximately 521 Parking Spaces
Can be accessed from Lee St and Washington St E.
Elevator Access
District 11, Map 4, Parcel 4.8
2.15+/- Acres (as assessed)
Zoning Class: CBD – Central Business District, Land Use 393 (Auxiliary Improvement C/1)
Subject #4: Combination of Subjects 1-3
“Garages A,B,C”
Approximately 4,249 Parking Spaces
Approximately 59 Handicapped Parking Spaces
Elevator Access
District 11, Map 4, Parcels 4.6, 4.7 and 4.8
8.17+/- Acres (as assessed)
Zoning Class: CBD – Central Business District, Land Use 393 (Auxiliary Improvement C/1)
PLEASE NOTE: Additional detailed information, including but not limited to financials, license agreements, maintenance documents, etc., about the garages is available upon request. Prospective bidders will be required to sign a non-disclosure agreement to view files. NDA form is available upon request. Please contact Blake Shamblin at 304-476-7118 or blake@joerpyleauctions.com to request the NDA.
Directions: I-64 take exit 58B. Bare right and drive 0.5 miles take a left onto Goshorn Street. Drive 400 ft and take a left onto Quarrier Street.
10% buyer’s premium. 60 days to close. Properties conveyed by Quitclaim Deed. 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.
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. 60 days will begin on the date court approval for sale and transfer takes place. 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. Properties conveyed by Quitclaim Deed.
Today’s auction will offer subjects 1-3 individually. We will then take a 10-15 minute break before offering Subject #4: which is subjects 1-3 in their entirety. High bidders on individual subjects 1-3 will have the opportunity to increase their bid or “offer” before we offer them collectively as a total package, and, at the discretion of auctioneer, high bidders on individual subjects 1-3 may be given an opportunity to increase their bid or “offer” during bids taken on subject #4.
By tendering a bid, bidder acknowledges that bidder has reviewed and is familiar with the pleadings and other documents filed in Kanawha County Circuit Court Civil Action 23-P-361, including the requirement of Court Approval of the sale and transfer.
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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