Commercial Real Estate Auction

Thursday, April 2^nd at 5:00PM

Registration & Inspection Begin at 4:00PM

413 Raleigh Street,

Bluefield, WV

Historic 31,608+/- Sq Ft Income-Generating Building in the Heart of Bluefield

High-visibility corner building in the heart of downtown Bluefield with immediate cash flow, strong rental demand, and significant upside potential. Just minutes from Intuit Alorica, Bluefield State University, Bluefield University, and Interstate 77. Perfect for students, professionals, and the local workforce.

First Floor Commercial / Office Space:

Full commercial space with storefront windows

Two floors of office space

Handicap-accessible entrance

2 restrooms at main entrance, 1 per office floor

Flooring updates needed in some office areas

Second & Third Floor Apartments – 12 Units:

2 bedrooms, 1 bath each

Approx. 650 sq. ft. per unit

Private main staircase + fireproof emergency staircase

Elevator (in need of repair)

High ceilings, historic brick accents, French doors leading to bedrooms

Separate hot water heaters & electric systems per unit

On-site coin-operated laundry

Current Income:

Rent: $650/month per unit

8 units rented, generating $62,400/year

10 units rentable and equipped with appliances

Additional Potential Income:

First-floor storefronts ideal for restaurants or retail, connecting to Chicory Square

Prime downtown visibility for future redevelopment or tourism-driven traffic

Major Property & Location Highlights:

31,608 +/- Sq Ft Structure

0.13 +/- Acre Lot (as assessed)

Brick Masonry Construction with all Public Utilities

Corner building with excellent street visibility

Immediate cash flow with significant upside potential

Walking Distance to Intuit Alorica (350+ Employees)

Within View of Popular Restaurants, Entertainment & Transportation

Near The Vault & The Rail Yard – Two of Bluefield’s Most Reputable Dining Establishments

Adjacent to the Newly Renovated Granada Theater

Overlooking Scenic Chicory Square

District 3, Map 17, Parcel 523

Questions? Please call Brooke Patterson, Salesperson (304)-918-4942

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.  Auction company reserves the right to bid on behalf of the seller in an auction with reserve. 

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 WV2354 

Taylor Ramsey WV2352

Nick Dawkins WV2410

Bud Shingleton WV1956

Colton McCown WV2463

Garrett Wilkerson WV2541A

Thomas Heldreth WV2520A

John Powell WV2481A

Taylor Self WV2521A

Kevin Zakariasen WV2482A

Brooke Patterson WV2536A

Carter Walker WV2542A