10-Story Downtown Wheeling Investment & Redevelopment Opportunity

Commercial Real Estate Auction    Thursday, December 3rd at Noon  Registration and Inspection Begin at 11:30AM    THE MULL CENTER  1025 Main Street  Wheeling, WV 26003    10-Story Downtown Wheeling Investment & Redevelopment Opportunity    118,866± SQ. FT. COMMERCIAL BUILDING | 75± PARKING SPACES | EXISTING RENTAL INCOME | RESIDENTIAL & HOSPITALITY CONVERSION POTENTIAL   

Live and Online Bidding

Call: Taylor Ramsey

Commercial Real Estate Auction 

 

Thursday, December 3rd at Noon 

Registration and Inspection Begin at 11:30AM 

 

THE MULL CENTER 

1025 Main Street 

Wheeling, WV 26003 

 

10-Story Downtown Wheeling Investment & Redevelopment Opportunity 

 

118,866± SQ. FT. COMMERCIAL BUILDING | 75± PARKING SPACES | EXISTING RENTAL INCOME | RESIDENTIAL & HOSPITALITY CONVERSION POTENTIAL 

 

Located in the heart of downtown Wheeling, the Mull Center presents an exceptional opportunity for investors and developers looking to capitalize on the area's ongoing revitalization. Surrounded by significant public and private investment, including a new waterfront hotel and mixed-use development, the Wheeling Gateway Center, and extensive downtown streetscape improvements, this ten-story property offers tremendous potential. With existing commercial tenants, structured parking, Ohio River views, and approximately 82,220 square feet of rentable space, the possibilities range from continued commercial operations to potential apartments, boutique lodging, short-term rental suites, or mixed-use redevelopment, subject to necessary approvals. 

 

Property Highlights 

  • 118,866± square feet of gross building area, including structured parking 

  • 82,220± square feet of net rentable commercial space 

  • Ten-story, multi-tenant commercial building 

  • Approximately 75 on-site parking spaces within a structured parking garage 

  • Located in downtown Wheeling's central business district 

  • Ohio River views and desirable downtown setting 

  • Existing commercial rental income from established tenants 

  • Multiple office suites offering additional leasing opportunities 

  • Two passenger elevators and one freight elevator 

  • Structured parking spanning the basement and first two floors 

  • Reinforced concrete foundation, metal framing, and masonry exterior 

  • Originally constructed in 1914 

  • Situated on a 0.31± acre parcel 

  • D1 – Downtown High Density zoning, per appraisal 

 

Downtown Revitalization & Major Area Investments 

Downtown Wheeling is benefiting from more than $100 million in major development and infrastructure projects, creating an exciting environment for future investment. 

  • $58.7 Million JC Lando Hotel & Mixed-Use Development: Groundbreaking held July 2026 for a major downtown project featuring a boutique hotel, private residences, restaurants, retail, conference facilities, and public gathering spaces. 

  • $25 Million+ Wheeling Gateway Center: A new tourism and visitor destination under construction near the historic Wheeling Suspension Bridge, featuring a heritage museum, restaurant, retail, event space, and connections to the Ohio River waterfront. Projected to attract approximately 175,000 visitors annually. 

  • $35 Million Downtown Streetscape Improvements: Major revitalization along Main and Market streets, including enhanced sidewalks, landscaping, decorative streetscape features, and infrastructure improvements. 

  • Additional Regional Investment: Ongoing and proposed projects involving healthcare, waterfront recreation, and downtown commercial development further demonstrate the area's continued investment activity. 

 

Investment & Redevelopment Potential 

  • Established multi-tenant commercial property with existing rental income 

  • Opportunities to increase revenue through leasing available office suites 

  • Potential conversion to residential apartments or loft-style living 

  • Opportunity to explore boutique hotel accommodations or furnished short-term rental suites 

  • Possibility for a mixed-use development combining residential, hospitality, and commercial spaces 

  • Existing structured parking provides an attractive feature for potential residential or hospitality uses 

  • Downtown location may appeal to professionals, business travelers, tourists, and longer-term residents 

  • Existing telecommunications and rooftop rental arrangements provide additional potential income streams 

  • D1 zoning identifies a range of commercial and residential uses, subject to verification and necessary approvals 

 

Property Information 

Ohio County, West Virginia 10-W43D-22 

 

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) 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. 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. 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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