Online Real Estate Auction
Bidding begins closing Tuesday, July 21st at 6:00PM
8th Avenue
Huntington, WV
PRIME DEVELOPMENT OPPORTUNITY
SUBJECT 1: 816 7th Street & 723 8th Avenue
1.03± Acre Prime Development Site
Blank Canvas Development Opportunity in the Heart of Huntington
Property Highlights:
1.03± acre (as assessed) completely level tract
Access from 7th Street, 8th Avenue, and rear alley access
Outstanding visibility and accessibility
Minutes from I-64, Hal Greer Boulevard, and the 5th Street Exit
Convenient to Marshall University, Cabell Huntington Hospital, Downtown Huntington, the Courthouse, and the Ohio/Kentucky Bridges
Public utilities available
Easy site preparation due to level topography
Rare infill development opportunity in a growing area
Development Potential:
This property offers a true blank canvas for developers, investors, and end users alike. The level terrain and multiple access points create exceptional flexibility for a variety of future uses, including:
Apartment Complexes, Townhome Development, Retail Centers, Restaurants & Drive-Thru Concepts, Medical or Professional Offices, Self-Storage Facilities, Mixed-Use Development, Service Businesses and Commercial Uses
Whether you're looking to develop immediately or hold for future growth, opportunities of this size and location are becoming increasingly difficult to find within Huntington's urban core.
SUBJECT 2: 702-750 8th Avenue
1.63± Acre Redevelopment Opportunity
Large Commercial Redevelopment Tract with Existing Warehouse Improvements
Property Highlights:
1.63± acres (as assessed)
Approximately 148,925± square feet of warehouse and industrial improvements
Former Huntington Wholesale Furniture facility
Access to public utilities
Located directly across from Subject 1
Excellent access to Hal Greer Boulevard, I-64, Downtown Huntington, Marshall University, and regional transportation routes
Approximately one block from Huntington rail facilities
Redevelopment Potential:
The existing improvements vary significantly in condition, and prospective purchasers should conduct their own inspections regarding structural integrity and future usability. Portions of the facility may offer salvage or adaptive reuse potential; however, the property's highest and best use may be redevelopment.
Possible future uses include:
Retail Strip Center, Fast Food Development, National Retail User, Distribution or Service Facility, Mixed Commercial Development, Commercial Pad Sites
The property's size, utility availability, transportation access, and strategic location make it an attractive candidate for future commercial redevelopment.
Important Note: Building conditions vary throughout the property. Portions of the improvements may be unsafe, and buyers should rely upon their own inspections regarding future use, demolition, or redevelopment plans.
SUBJECT 3: COMBINED OPPORTUNITY- Subjects 1-2
Located directly across from one another, these properties create a unique opportunity to acquire over 2.66± acres in one of Huntington's most accessible corridors. Subject 1 offers a ready-to-develop site, while Subject 2 presents additional acreage and long-term redevelopment potential, allowing investors and developers multiple strategies for future growth.
District 7, Map 29, Parcels 460, 464, & 492
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
Joe R Pyle WV212
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