Redevelopment Opportunity in Parkersburg Selling to the Highest Bidder

ONLINE ABSOLUTE REAL ESTATE AUCTION   Bidding begins closing Thursday, September 17th at 6:00PM Showings by appointment   1128 Seventh Avenue Parkersburg, WV   Prime Commercial & Redevelopment Opportunity SELLING TO THE HIGHEST BIDDER   Approximately 2.01+/- Acres

Online Only Bidding

Call: Garrett Wilkerson

ONLINE ABSOLUTE REAL ESTATE AUCTION

 

Bidding begins closing Thursday, September 17th at 6:00PM

Showings by appointment

 

1128 Seventh Avenue

Parkersburg, WV

 

Prime Commercial & Redevelopment Opportunity

SELLING TO THE HIGHEST BIDDER

 

Approximately 2.01+/- Acres

 

Prime commercial and redevelopment opportunity consisting of approximately 2.01+/- acres across 12 parcels in Parkersburg, WV. Previously offered in multiple subjects, the entire property will now be sold together as one subject to the highest bidder.

The property includes multiple commercial structures, warehouse and storage facilities, existing residential structures, vacant parcels, and extensive paved and gravel parking areas. With frontage along Seventh Street, Staunton Avenue, Mary Street, and Stephenson Avenue, this offering provides exceptional accessibility, visibility, and redevelopment potential.

Located along the heavily traveled Seventh Street and Staunton Turnpike corridor near Sheetz, Downtown Parkersburg, Route 50, and Interstate 77.

Ideal for automotive operations, contractor facilities, warehouse and storage use, rental income, residential or commercial redevelopment, equipment storage, future expansion, or investment.

 

PROPERTY HIGHLIGHTS

  • Approximately 2.01+/- Total Acres (as assessed)
  • All 12 Parcels Selling Together to the Highest Bidder
  • High Traffic Commercial Corridor
  • Multiple Commercial Structures
  • Warehouse & Storage Facilities
  • Approximately 140’ x 40’ Storage Building/Warehouse
  • Existing Residential Structures
  • Approximately 1,416+/- SF Residence
  • Additional Vacant Lots
  • Extensive Paved & Gravel Parking Areas
  • Corner Visibility
  • Major Thoroughfare Frontage
  • Public Utilities Available
  • Near Sheetz & Downtown Parkersburg
  • Convenient to Route 50 & Interstate 77
  • Commercial & Residential Redevelopment Potential
  • Rental Income Potential
  • Contractor & Equipment Storage Opportunity
  • Infill Development Potential
  • Expansion & Assemblage Potential

 

SEVENTH STREET & STAUNTON AVENUE IMPROVEMENTS

The primary commercial portion of the property consists of approximately 1.05+/- acres positioned along heavily traveled Seventh Street and Staunton Turnpike.

This portion includes multiple commercial structures, warehouse/storage facilities, paved and gravel parking areas, and exceptional frontage exposure.

 

Addresses Included:

  • 1122 7th Street
  • 1126 7th Street
  • 1128 7th Street
  • 1200 Staunton Avenue
  • Additional adjoining 7th Street parcel

 

MARY STREET IMPROVEMENTS & PARCELS

Approximately 0.81+/- acres across five parcels fronting Mary Street. This portion of the property includes existing residential structures, a large storage/warehouse building, and additional vacant residential lots.

Parcel 127 includes a substantial approximately 140’ x 40’ storage building/warehouse offering excellent potential for contractor storage, warehouse use, equipment storage, rental income, workshop space, or future redevelopment.

 

Addresses Included:

  • 1207 Mary Street
  • 1209 Mary Street
  • 1213 Mary Street
  • 1221 Mary Street
  • Additional Mary Street parcel

 

STEPHENSON AVENUE PARCELS

Two adjoining parcels totaling approximately 0.15+/- acres situated along Stephenson Avenue.

These parcels provide additional expansion ground, parking potential, residential development opportunity, or additional value when combined with the remainder of the property.

 

Addresses Included:

  • Stephenson Avenue
  • 608 Stephenson Street

 

PARCELS INCLUDED

District 5 – Parkersburg

  • 82-101
  • 82-102
  • 82-104
  • 82-105
  • 82-106
  • 82-127
  • 82-128
  • 82-129
  • 82-130
  • 82-131
  • 82-122
  • 82-122A

 

 

 

Questions?  Please Call/Text Garrett Wilkerson, Salesperson 304-566-0565

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. REAL ESTATE PURCHASE AGREEMENT WILL BE SENT TO THE EMAIL ON FILE FOR ELECTRONIC SIGNATURE FOLLOWING THE CLOSE OF THE AUCTION AND MUST BE SIGNED IMMEDIATELY.  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. 

 

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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