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SOLD $308,000 – 26,274+/- SqFt Motel on 3.10 Acres Sold Absolute

Tuesday, March 10th at Noon

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Property Description

ABSOLUTE COMMERCIAL

REAL ESTATE AUCTION

 

Tuesday, March 10th at Noon

Registration & Inspection begins at 11:00AM

 

300 Moritz St

Grafton, WV

 

CRISLIP MOTOR LODGE, an independently owned and operated 39 room motel situated on 3.10 Acres, just off the intersection of highly traveled Rt. 119 & Rt. 50. Nice opportunity for an independent hotel owner or investor looking to develop the 3.10 AC. PROPERY TO BE SOLD TO HIGHEST BIDDER- NO MINIMUM OR RESERVE.

 

ABSOLUTE AUCTION –

SELLS TO HIGHEST BIDDER

 

GREAT OPPORTUNITY FOR DEVELOPMENT OR CONTINUED USE AS MOTEL

 

CLICK HERE TO BID

 

Location Overview:

Highly Visible Along Rt. 50

175 Yards from Intersection of Rt. 119 & Rt. 50

Close to Walmart, Restaurants, Banks, & Gas Stations

4 Miles to Tygart Lake State Park & Country Club

20 Miles to Morgantown or Bridgeport

 

Overview:

Situated on 3.10 Acres (as assessed)

Built in 1960

26,274 +/- Total Sq. Ft.

39 Room Motel

Pub III – Bar & Gaming Establishment

Ample Parking

 

Building Information:

(9) King Rooms

(30) Queen/Queen Rooms

Lobby & Registration Area w/ Half Bath

Pub III – Leased Bar & Gaming Section ($1,020/Monthly Rent)

Managers Apartment Above Lobby

Storage and Utility Room

 

Amenities:

FREE High-Speed Internet & Cable

In Room Microwave & Refrigerators

Guest Coin Operated Laundry Machines

Billiards Table in Lobby

Courtyard Area

Outdoor Entry

Ample Parking Space

 

Utility Information:

(3) 100 Gallon Hot Water Tanks

Updated Electric Service

Public Utilities

 

Equipment to Be Conveyed:

Commercial Washer & Dryer

ALL INDIVIDUAL A/C Units

ALL FURNITURE & APPLIANCES

ALL SUPPLIES & LINENS

Ice Machine

Mitel SX-50 Phone System

PMS System

Note: Vending Machines DO NOT Convey

 

Updates & Renovations in 2016:

New Roof

Updated Lobby & Electrical Service

CRISLIP MOTOR LODGE RATES
# of Guest Daily Weekly Monthly CLC Online
1 Guest $50.00 $280.00 $1,100.00 $49.00 $65.00
2 Guest $55.00 $315.00 $1,225.00 $49.00 $65.00
3 Guest $60.00 $350.00 $1,350.00 N/A $65.00
4 Guest $65.00 $385.00 $1,475.00 N/A $65.00

 

Assessment Information – Taylor County:

District 1, Map 7, Parcel 37

Deed Book 331, Page 135

Legal Description: Three Fork & Lots 20 Thru 29 3.10 Acres & R/W

 

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. 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.

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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