Commercial Real Estate Auction
Wednesday, November 12th at 4:00PM
Registration & Inspection begin at 3:00PM
1244 Watergap Road
Prestonsburg, KY
32+ Acres with Spacious Building, Office Trailer, & Scales
This exceptional commercial property, formerly a lumber yard, offers a prime investment opportunity in Prestonsburg, Kentucky. Situated on approximately 32.84± acres, the site features city water and sewer, multiple buildings, and extensive infrastructure suitable for a variety of commercial or industrial uses.
The property includes a main building with multiple entrances, a loading dock, restrooms, tool room, lunchroom, and a large carport. The structure also features a second level, providing additional storage or workspace.
An office trailer on-site includes two offices, a covered porch, and a restroom, offering convenient administrative space. The property is equipped with weight scales and two main entrances for efficient access and logistics.
Highlights:
32.84± acres (as assessed) in Floyd County, KY
Former lumber yard with existing infrastructure
Main building with multiple functional rooms and loading dock
14' x 42' Office trailer with two offices and restroom
Weight scales and large carport
Two main entrances to property
City water and sewer
Parcel ID: 046-00-00-119.00
For additional information, please contact Todd Short – (681) 205-3044
Directions: From I-64, take Exit 191 toward US-23 South to Louisa. Continue on US-23 South for approximately 66 miles, then turn right onto KY-302 toward Martin. After 800 feet, turn left, and proceed approximately 450 feet — the property will be on your right.
Coordinates: 37.653208 N, 82.739895 W
Sold in cooperation with Woodrow Wilson, Broker 179027
10% buyer’s premium. 60 days to close. 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), payable to Woodrow Wilson, Broker, 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.
AGENCY DISCLOSURE: Joe R. Pyle Auction and Realty Service is acting as Auctioneer 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.
JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE
(888) 875-1599
5546 Benedum Drive Shinnston West Virginia 26431
www.joerpyleauctions.com
Joe R. Pyle RP3864
