SOLD - 3 Commercial Buildings & Parking Lot in Parkersburg

COMMERCIAL REAL ESTATE AUCTION

Thursday, September 19^th at Noon

Registration & Inspection begin at 11:00AM

Call Tia Wolski, Associate Broker, at 304-777-3945 For Information

The Former Mountain State College

501 16^TH Street

Parkersburg, WV

3 COMMERCIAL BUILDINGS AND A PARKING LOT

Offered in Subjects, and in Combination

SUBJECT 1:  1508 Spring Ave

3 STORY COMMERCIAL BUILDING WITH PARKING

15,000+/- SF Building Plus Full Basement

Reception Area with Admin Offices

Configured for Several Offices, Conference Rooms and Break Room on First Floor

Large Open Rooms for Classrooms on 2^nd and 3^rd Floors

HVAC for Each Floor – Newer Furnace on 1^st & 2^nd Floor

Furnace on 3^rd Floor Inoperable

2 Separate Stairwells

Fire Escape

Full Basement with Bathroom and Tons of Storage

Sprinkler System & Security System

ADA Entrance

Fire Doors

50x30 Gravel Lot for Parking

WOOD COUNTY District 5, Map 70, Parcel 40 & 41

SUBJECT 2:  509 16^TH Street

COMMERCIAL BRICK BUILDING

Approx. 3,800+/- SF Brick Building

Foyer

4 Large Open Rooms – Used as Classrooms

2 Bathrooms

3 Exterior Exits

New Furnace in 2023

WOOD COUNTY District 5, Map 70, Parcel 14

SUBJECT 3:  501 16^th Street

NEWER COMMERCIAL BUILDING WITH PARKING

Approx 2,700+/- SF

Open Large Room

2 ADA Compliant Bathrooms

Large Storage Area

2 Additional Rooms Used as Computer Lab and Conference Room

Covered Outdoor Patio

Parking for 26+ Cars

WOOD COUNTY District 5, Map 70, Parcel 6 & 7

SUBJECT 4:  SUBJECTS 1-3 COMBINED:  1508 Spring Ave, 509 & 501 16^th Street

3 COMMERCIAL BUILDINGS WITH PARKING

WOOD COUNTY District 5, Map 70, Parcel 40, 41, 6, 7, & 14

SUBJECT 5:  COVERT STREET

GRAVEL PARKING LOT

SOLD SEPERATELY – NO COMBINATION

52x133.75 Lot

7,356+/- SF

Legal Description: #33 BENTLEY ADN

WOOD COUNTY District 5, Map 70, Parcel 19

Directions: From Market Street, take 16^th Street and travel 2 blocks. The buildings will be on both corners.

SUBJECT 6:  Spring Street

PAVED PARKING LOT

SOLD SEPARATELY – NO COMBINATION

2-100x22.67 Lots

Approx 4,534+/- SF

Legal Description: LOT 11X22.67 SPRING ST

S ½ #67 GORDON & EBERT AND 1—X22.67 SPRING ST

WOOD COUNTY District 5, Map 70, Parcel 4&5

Please note:  Subject 6 is being sold subject to Bankruptcy Court approval.

Directions: From Market Street, take 16^th Street and travel 2 blocks. The buildings will be on both corners.

10% buyer’s premium.  30 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.  30 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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