Prime Route 60 Commercial Development Site with Income-Producing Assets

Prime Route 60 Commercial Development Site with Income-Producing Assets

Online Real Estate Auction   Bidding begins closing Tuesday, March 3rd at 6:00PM   7203 MacCorkle Avenue SW St Albans, WV 25177   Prime Route 60 Commercial Development Site with Income-Producing Assets   Located along highly traveled Route 60 in one of the area’s most actively renovated commercial corridors, this rare 3.75± acre property offers an exceptional opportunity for investors and developers seeking immediate income with premier redevelopment potential.

Online Only Bidding

Call: Taylor Ramsey

Online Real Estate Auction

 

Bidding begins closing Tuesday, March 3rd at 6:00PM

 

7203 MacCorkle Avenue SW

St Albans, WV 25177

 

Prime Route 60 Commercial Development Site with Income-Producing Assets

 

Located along highly traveled Route 60 in one of the area’s most actively renovated commercial corridors, this rare 3.75± acre property offers an exceptional opportunity for investors and developers seeking immediate income with premier redevelopment potential.


Property Overview

3.75± Acres (as assessed) in a Prime Commercial Corridor

Multiple Income-Producing Structures On-Site

Excellent Road Frontage & Visibility on Route 60

High Daily Traffic Counts & Strong Commercial Exposure

Surrounded by Recently Renovated & Repositioned Commercial Properties


Existing Improvements & Income Potential

 

Single-Family Rental Home

Smaller Home Ideal for Long-Term Rental Income

Currently Suitable for Immediate Leasing

 

Large 6 Bedroom / 6 Bathroom Residence

Currently Rented

Ideal for Repositioning as:

Recovery / Sober Living Home

Assisted or Group Living Facility

Student or Workforce Housing

Corporate or Short-Term Rental

 

Four-Plex Apartment Building

Partially Rented – Immediate Cash Flow with Lease-Up Upside

Excellent Opportunity for Stabilization & Increased NOI


Highest & Best Use: Commercial Redevelopment

Prime Commercial Zoning & Location

3.75± Acre Tract Ideal for:

Retail Strip Center

Medical / Office Complex

Restaurant / Hospitality Development

Mixed-Use Commercial Project

Multi-Family or Townhome Development


Kanawha County District 16, Map 8A, Parcel 54

Legal Description: 3-57/100A Welch Sub 2-3/4 Mile Creek

 

10% buyer’s premium.  60 days to close.  Please read full terms and conditions before bidding.

AUCTION TERMS

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.
Auction company reserves the right to bid on behalf of the seller in an auction with reserve.
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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