Income Generating, Multi-Unit Commercial Property

SOLD $255,750 - Income Generating, Multi-Unit Commercial Property

Commercial Real Estate Auction   Wednesday, September 18th at Noon Registration & Inspection begin at 11:00AM   1101-1107 2nd Ave. Montgomery, WV 25136   INCOME PRODUCING PROPERTY   Multiple Store Fronts Paved Parking 1.19+/- Acres  

Live and Online Bidding

Call: Todd Short

Commercial Real Estate Auction

 

Wednesday, September 18th at Noon

Registration & Inspection begin at 11:00AM

 

1101-1107 2nd Ave.

Montgomery, WV 25136

 

INCOME PRODUCING PROPERTY

 

Multiple Store Fronts

Paved Parking

1.19+/- Acres

 

1101 & 1103 2nd Ave

Turn-Key Operating Laundromat

Gross Income $10,000 - $12,000 monthly (currently owner operated)

2 Store Fronts

Office & Restrooms

Central Heat & Air

 

1105 2nd Ave

7,000+/- sqft.

Formerly Housed Family Dollar

Updated Roof & HVAC

Office, Storage Room, & 2 Restrooms

 

1107 2nd Ave

Florist Shop

Rented for $750/month to a Long-Term Tenant

Office, Storage, Bonus Room, & 2 Restrooms

 

City Water & Sewage

 

Kanawha County District 7, Map 1, Parcels 115.1 & 116

Legal Description:  LTS 4&5 PT LTS 2 & 3 BK 3 EARLY & ADN & PAR RIGGS ST

 

Call Todd Short, Agent, for more information (681) 205-3044

 

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.  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

 

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 WV 354 

Taylor Ramsey WV2352

Joe Panico WV2353

Nick Dawkins WV2410

Jonathan Leep WV2452A