SOLD $2,695,000 - 67 Acre Industrial Property in Mercer County

SOLD $2,695,000 - 67 Acre Industrial Property in Mercer County

COMMERCIAL REAL ESTATE AUCTION   Wednesday, October 29th at 9:00AM Registration & Inspection begin at 8:00AM   577 Clover Dew Dairy Rd Princeton, West Virginia   67 +/- Acre Industrial Property ***Great Location – 1/2 Mile to 4 Lane Hwy*** ***Industrial or Development Use***   Questions? Call Salesperson Jordan Kiger 724-998-5810

Live and Online Bidding

Call: Jordan Kiger

COMMERCIAL REAL ESTATE AUCTION

 

Wednesday, October 29th at 9:00AM

Registration & Inspection begin at 8:00AM

 

577 Clover Dew Dairy Rd

Princeton, West Virginia

 

67 +/- Acre Industrial Property

***Great Location – 1/2 Mile to 4 Lane Hwy***

***Industrial or Development Use***

 

Questions? Call Salesperson Jordan Kiger 724-998-5810

 

 

 

Property Overview:

67.01 +/- Acres (as assessed)

Formerly the Allegheny Wood Products Facility

Eight Industrial Buildings – Over 180,000 Sqft Under Roof

Offered in Parcels & Whole

Kilns Offered as Separately and with Real Estate

Three-Phase Power Accessible

Kilns are offered as Chattel Property in GW Kitrell Equipment Auction

Equipment does not convey with the property

 

Lot 42: Subject #1: 34 +/- Acres Main Facility

34 +/- Acres (per engineering map)

Eight Industrial Buildings

Over 180,000 +/- Sqft Under Roof

Steal Constructed Buildings – Open Span

Three-Phase Power Accessible

Kilns & Boiler are not included – Offered Separately

REAL ESTATE ONLY

 

Lot 43: Subject #1 Main Facility INCLUDING KILNS

Combination of Kiln Operation and Lot 42

Bidders are buying SUBJECT #1 34 Acre Main Facility and Kiln Operation

 

Lot 44: Subject #2: 33.1 +/- Acres for Development

REAL ESTATE ONLY

33.1 +/- Acres (per engineering map)

Office Building – 2,480 +/- SQFT

Ready for Future Development

 

Lot 45: Property In Entirety without Kilns

67.01 +/- Acres (as assessed)

Eight Industrial Buildings – Over 180,000 Sqft Under Roof

Development and Industrial Use

IF LOT 45 IS GREATER THAN LOT 46, THE PROPERTY WOULD BE SOLD WITHOUT THE KILNS

COMBINATION OF LOTS 42, 44

 

Lot 46: Property in Entirety WITH Kilnes

67.01 +/- Acres (as assessed)

Eight Industrial Buildings – Over 180,000 Sqft Under Roof

Development and Industrial Use

IF LOT 46 IS GREATER THAN LOT 45, THE PROPERTY WOULD BE SOLD WITH THE KILNS

COMBINATION OF LOTS 43, 44, AND KILN OPERATION

 

 

AUCTIONEERS NOTE:  Closing will occur within 60 days of the auction. Chattel/Equipment buyers will have the right to access the property up to 90 days following the auction to remove equipment. Some building may be taken apart to remove equipment. If properties are sold individually the survey expense will be the responsibility of the buyer.

 

Assessment – Mercer County:
District 2, Map 21, Parcel 1

Legal Description: 67.01 AC GREEN VALLEY #11885

 

Sale is subject to approval by the United States District Court for the Northern District of West Virginia.  Case No. 2:24-cv-03.  10% buyer’s premium.  60 days to close following court approval.  Please read full terms and conditions before bidding.

AUCTIONEERS NOTE: Closing will occur within 60 days of the auction. Chattel/Equipment buyers will
have the right to access the property up to 90 days following the auction to remove equipment. Some
building may be taken apart to remove equipment. If properties are sold individually the survey expense
will be the responsibility of the buyer.
Assessment – Mercer County:
District 2, Map 21, Parcel 1
Legal Description: 67.01 AC GREEN VALLEY #11885
Sale is subject to approval by the United States District Court for the Northern District of West Virginia. Case No.
2:24-cv-03. 10% buyer’s premium. 60 days to close following court approval. 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 following approval by the
United States District Court for the Northern District of West Virginia and any required surveys. 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 approval by the United States District
Court for the Northern District of West Virginia.
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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