COMMERCIAL REAL ESTATE AUCTION
Thursday, March 3rd at Noon
Registration & Inspection Begin at 11:00AM
608 Bellview Ave
Fairmont, WV
INCOME PRODUCING COMMERCIAL PROPERTY
Approx. 15,000 Square Feet
1.03+/- Acres
City Utilities
Fully Equipped Restaurant and Bar – TURN-KEY
Newly Remodeled
Commercial Kitchen
Tons of Storage Space
Seating for 50+ in Restaurant
Seating for 10+ at Bar
Storage Room/Hostess & Waiting Area
Office
2 Bathrooms
Banquet Space
Newly Remodeled
2 Large Rooms with Fully Equipped Bar
Machine Room/Lounge
Currently Leased to Bellview’s Hot Spot for $3000/Month
Newly Remodeled
Machine Room
Cashier Window
Fully Equipped Bar
Leased through October 2031
Machines Do Not Convey
24 Rental Units – 9 Units Currently Rented for $5250/Month
9 – Single Rooms
8 – 1 Room Efficiency Apartments
4 – 2 Room Efficiency Apartments
3 – 3 Room Efficiency Apartments
** MAJOR INVESTMENT OPPORTUNITY **
MARION COUNTY
DB/PG: 1190/544
District 3, Map 39, Parcels 25 & 26
Directions: From Downtown Fairmont take Route 19 North, the Belmont is located in Bellview across from Shop N Save Plaza.
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
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
