5-Story Commercial Building in Logan

SOLD $220,000 - 5-Story Commercial Building in Logan

REAL ESTATE AUCTION    Tuesday, January 26th at Noon Registration & Inspection Begin at 11:00AM   229 Stratton Street Logan, WV  

Live & Online Bidding

Call: Taylor Ramsey

REAL ESTATE AUCTION
 

 Tuesday, January 26th at Noon

Registration & Inspection Begin at 11:00AM

 

229 Stratton Street

Logan, WV

 

5-Story Commercial Building in Logan

 

This 5-Story Commercial Building in Downtown Logan Will Be Sold Tuesday, January 26th at Noon. Located on the Highly Traveled Stratton Street, this Building is Ideal for Business Development & Is Already Income Producing! For Questions About the Property Please Call Taylor Ramsey (304)-552-5201.

 

Ground Floor:

Previously Used as a Bank

Original Marble Walls & Vault

Access from Stratton Street & Washington Avenue

Walk-Up Window

Men’s & Women’s Restrooms

Front Office – Back Offices for Overflow Storage/Office Use

Additional Two-Floors for Private Offices, Kitchenette & Storage

Keyed Access from Elevator

 

Mezzanine: Previously Used for President of The Bank

Reception Area, Private Office & Full Restroom

Keyed Access from Elevator

 

Second Floor:

Entire Floor Currently Rents for 1,250/Monthly

Long Term Tenant

Floor has been Converted to Reception Area, Conference Room, 3 Private Offices & Women’s and Men’s Restrooms

Keyed Access from Elevator

 

Third Floor:

Includes 8 Total Suites

4/8 Currently Rented for a Total of 600/Monthly

Women’s & Men’s Restrooms

 

Fourth Floor:

Suites Rented for 600/Monthly

Back Half of Floor has Been Converted for Private Offices

Women’s & Men’s Restrooms

 

Fifth Floor:

8 Total Suites w/ Women’s & Men’s Restrooms

Floor Currently Rented 2,250/Monthly

 

 

Building has a Rubber Roof, a Refurbished Boiler in the Basement, Elevator (In Contract) & Stairs, Main Entry off Stratton w/ Original Marbling on Walls & Much More!

REAL ESTATE TERMS: 10% nonrefundable down payment made day of auction with balance due at closing. 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.

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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