Two Retail Buildings in Mercer County

Two Retail Buildings in Mercer County

Secured Party Real Estate Auction   Tuesday, December 10th 11:30AM Registration begins at 11:00AM AUCTION HELD AT THE MERCER COUNTY COURTHOUSE  

Live and Online Bidding

Call: Debra Flanigan

Secured Party Real Estate Auction

 

Tuesday, December 10th 11:30AM

Registration begins at 11:00AM

AUCTION HELD AT THE MERCER COUNTY COURTHOUSE

 

 

SUBJECT 1:  402 Mercer St. Princeton, WV

Commercial Building

Currently Operating as a Pawn Shop

Large Show Room

Back Storage Rooms

Half Bath

Large Parking Lot in Front

Corner of Mercer & 5th

0.19+/- Acres (as assessed)

District 10, Map 10, Parcel 387

 

SUBJECT 2:  1000 Bluefield Ave. Bluefield, WV

2-story Commercial Building

Near Bluefield State University

Currently Operating as a Pawn Shop

Main Show Room, Secure Room, & Storage on Main Level

Basement and Upper Level used for Storage

Half Bath

Large Parking Lot on Side & Front

Corner Lot

0.4+/- Acres (as assessed)

District 3, Map 16, Parcels 141.1 & 147

 

SUBJECT 3:  Combination of Subjects 1 & 2

Final sale determined by highest bid total

TERMS OF SALE:  Ten percent (10%) of the sales price shall be paid by cash, cashier’s check, or check guaranteed by bank letter of credit in acceptable form, in hand on the day of sale (the “Good Faith Deposit”), with the balance to be paid in cash at closing within 30 days after the date of sale and such additional terms required by the sale agreement to be entered into by a successful bidder.  Additional terms of sale may be announced before the sale.  A 10% buyer’s premium is due and payable to Joe R. Pyle Complete Auction & Realty, LLC at the close of the auction.

At public sale any person or entity may bid and may purchase any real estate sold if they be the highest bidder.  If the real estate is sold for an amount in excess of the outstanding balance of the mortgage, together with all interest, unpaid real estate taxes and costs, said excess must be used to satisfy any other encumbrances on said property and after all said encumbrances are satisfied together with all interest and costs, any excess then remaining must be paid to the Grantor.  If the Grantor or any person holding an encumbrance cannot be found after a diligent search, the money shall be paid into the circuit Court of the county for the benefit of the Grantor of the holder of any such encumbrance.

Any questions or inquiries regarding the sale can be direct to the substitute trustee at 304-353-8000.

 

JOE R. PYLE COMPLETE AUCTION & REALTY SERVICE

(888) 875-1599

5546 Benedum Drive Shinnston West Virginia 26431

www.joerpyleauctions.com

 

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