Secured Party Real Estate Auction
Tuesday, October 27th 10:00AM
Registration begins at 9:30AM
AUCTION HELD AT THE KANAWHA COUNTY COURTHOUSE
Property Address:
421 Virginia St. W.
Charleston, WV
Commercial property offering approximately 7,000± sq. ft. on two parcels totaling 0.20± acres near downtown Charleston. The building features three storefronts with apartments upstairs, providing potential for a combination of commercial and residential uses.
Property Highlights
- 7,000± Sq. Ft.
- 0.20± Acres (as assessed)
- Two Parcels
- Three Storefronts
- Upstairs Apartments
- Bar & Kitchen Areas
- Restrooms
- Off-Street Parking
- Corner Lot at Five Corners
- Deck
- Flat Lot
- Public Water/Public Sewer
- Built 1940
- Minutes from Downtown Charleston
Kanawha County, District 12, Map 22, Parcels 251 & 252
Legal Description: PT. LOTS 11-12-13, BLOCK 43, GLENWOOD ADDITION; 40' X 62'
Directions: From I-64 East, take Exit 58B toward US-119 North. Continue approximately 700 feet and turn left onto US-119 North. In approximately 600 feet, turn left onto Randolph Street. Continue 0.4 mile, turn left, and proceed approximately 300 feet to the property.
GPS Coordinates: 38.361415, -81.648677
Property Contact: Todd Short – 681-205-3044
TERMS OF SALE
This Auction shall proceed first by one of the below listed Successor Trustees commencing
the sale and reading this Notice of Sale. Then Joe R. Pyle Complete Auction and Realty Service
(“Auctioneer”) will then solicit bids on behalf of the Successor Trustees. Bidding shall commence
in person and online at the following auction site: www.joerpyleauctions.com. Bidders may preregister
in advance of the Auction, and may bid in advance of the Auction, online at
www.joerpyleauctions.com. Bidding will continue until no further bids are entered and the
successful highest and best bidder (the “Winning Bidder”) has been announced.
At the completion of the Auction on October 27, 2026, the Winning Bidder will be required
to sign, either electronically or in person, the Successor Trustee Sale Contract. A form of the
Successor Trustee Sale Contract will be posted online at www.joerpyleauctions.com prior to the
Auction. The Winning Bidder shall be required to close on the Property within thirty (30) calendar
days of the Auction (on before November 25, 2026).
The Winning Bidder will be required to pay a fee (the “Buyer’s Fee”) of ten percent (10%)
of the highest bid. The high bid plus the Buyer’s Fee shall be referred to as the “Winning Bid”.
The Buyer’s Fee will be due immediately following the announcement of the Winning Bid and
shall be paid by the Winning Bidder to the Auctioneer via cashier’s check or wire transfer. The
Buyer’s Fee: (a) is not a deposit; (b) will not be credited towards the purchase price of the Property;
and (c) will not be refunded to the Winning Bidder in the event the Winning Bidder fails to close
or chooses not to close on the Property.
The Winning Bidder will also be required to pay a non-refundable deposit (the “Deposit”),
which shall consist of ten percent (10%) of the high bid to the Successor Trustee via cashier’s
check or wire transfer immediately following the announcement of the Winning Bid. The Deposit
will either be: (a) credited towards the purchase price at closing; or (b) forfeited to the Beneficiary
upon default of the Winning Bidder by failure to close on the Property within thirty days of the
Auction, or by the Winning Bidder’s breach of any term, condition, or obligation set forth in the
Successor Trustee Sale Contract.
The Winning Bidder’s failure pay the Buyer’s Fee or the Deposit, failure to close this sale
within thirty calendar days of the Auction, or breach of any term, condition, or obligation set forth
in the Successor Trustee Sale Contract, shall, at the option of Beneficiary, be cause for rejection
of the bid, and if the bid is rejected, Beneficiary shall have the option of directing the Successor
Trustee to conduct a new sale or the next highest bidder.
The proceeds derived from the sale of the Property will be applied as provided for in said
Deed of Trust and are made a part hereof as if set forth verbatim herein.
The Beneficiary shall have a right to bid at the Auction. The sale shall be subject to the
following:
1. The sale of the property is SUBJECT TO all matters having priority over the Deed of Trust,
referred to herein, including but not limited to any and all easements and taxes against said
property, all prior liens, encumbrances, leases, restrictions, covenants, conditions, rights of
ways of any nature whatsoever and subject to the redemption rights of the Internal Revenue
Serves as set forth in 11 U.S.C. §7425.
2. Subject to any dedication of roads affecting the property and any governmental zoning and
subdivision ordinances or regulations in effect.
3. Purchaser at the sale shall be responsible for paying the recording costs, including the
transfer taxes upon the privilege of transferring real property in the State of West Virginia
(the cost of the tax stamp to be affixed to the deed).
4. Purchaser shall be responsible for all closing costs which are incurred.
5. Purchaser at the sale shall be responsible for paying any real estate taxes due or owing
including any redemption of taxes and all fees associated therewith.
6. Property is sold “AS IS” condition, the Successor Trustees make no representations or
warranties of any kind or character, including but not limited to the condition of the
property, real estate or title to the real estate and property conveyed. Successor Trustees
shall convey the property and real estate with no covenants of warranty, subject to all
covenants, restrictions, easements, rights of way and reservation which may be a matter of
record in the aforesaid Clerk’s Office or visible upon the ground, including all prior liens
and encumbrances, including without limitation, liens for real estate taxes, incinerator,
sanitary and sewer charges.
7. Successor Trustees have NO DUTY to cause any existing tenant or person occupying the
subject property to vacate said property.
8. The beneficiary of the Deed of Trust and holder of the note reserves the right to submit a
bid for the property or attend and bid at the sale, all of which may be in the form of a credit
bid, in order to purchase the property.
9. FEDERAL TAX LIEN: In the event that there are any Federal Tax Liens against the
property, the United States would have the right to redeem the property within a period of
120 days from the date of such sale or the period allowable for redemption under local law,
whichever is longer.
10. The Successor Trustees may postpone the sale, modify the terms of the sale by public
announcement at the time and place designated or by posting notice of the same, and act
by agent in the execution of the sale, and said conditions may also be posted on the online
auction site.
CONTINUANCE OR ADJOURNMENT OF SALE
The undersigned Successor Trustees reserve the right to continue the sale or to adjourn the
sale for a time or from time to time without further notice other than oral public announcement at
the time and the place of sale as hereinabove set forth or at any continuance or adjournment thereof.
Any questions regarding the sale should be directed to the undersigned at:
James M. Davis
L. Richard Dorsey, II
1600 Laidley Tower
P.O. Box 553
Charleston, West Virginia 25322-0553
Phone: (304) 340-1277
JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE
(888) 875-1599
5546 Benedum Drive Shinnston West Virginia 26431
Joe R Pyle WV212
Charlotte Pyle WV2174
Alan Heldreth WV2224
Jordan Kiger WV2246
Bob Stewart, Jr WV825
Bob Stewart, III WV1292
Todd Short WV1649
Tia Wolski WV2351
Ethan Moore WV2354
Taylor Ramsey WV2352
Nick Dawkins WV2410
Bud Shingleton WV1956
Colton McCown WV2463
Garrett Wilkerson WV2541A
Thomas Heldreth WV2520A
John Powell WV2481A
Taylor Self WV2521A
Kevin Zakariasen WV2482A
Brooke Patterson WV2536A
