6 Residential Investment Properties & Redevelopment Opportunity
Listing ID#: 880991
| Sale Location |
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301 McDonald Ave. South Charleston, WV 25309 |
| Sale Dates and Times |
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Thursday Aug 20, 12:00 pm |
| Sale Type |
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 Live Auction
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| Company Information |
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Joe R. Pyle Complete Auction & Realty Service Contact: Alan Heldreth Phone: 3045926000 Email: info@joerpyleauctions.com Website: www.joerpyleauctions.com EstateSale.com ID#: 5968 View company information and listings |
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| Listing Terms and Conditions |
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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. REAL ESTATE PURCHASE AGREEMENT WILL BE SENT TO THE EMAIL ON FILE FOR ELECTRONIC SIGNATURE FOLLOWING THE CLOSE OF THE AUCTION AND MUST BE SIGNED IMMEDIATELY. 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 |
| Listing Information |
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Real Estate Auction
Thursday, August 20th at Noon Registration & Inspection begin at 11:00AM
301, 303, 307A, 307B, 309A & 309B McDonald Ave. South Charleston, WV 25309
Located just one block from MacCorkle Avenue SW, directly across from Sheetz and WVU Thomas Hospitals, these six residential properties offer an outstanding investment opportunity in one of South Charleston's most convenient locations. The properties are less than one mile from the new Park Place Development and enjoy river views while providing quick access to shopping, dining, healthcare, and major transportation routes.
In addition to their current residential use, these four contiguous parcels present a unique redevelopment opportunity. A future owner may choose to pursue combining the properties into one larger tract for potential commercial redevelopment, subject to all applicable zoning and governmental approvals.
The properties will be offered individually and, in their entirety, allowing buyers the opportunity to purchase a single home or acquire the complete investment portfolio. Subject 1: 301 McDonald Ave. This single-family home contains approximately 1,070± square feet and features: 2 Bedrooms 1 Bathroom 8' x 12' Frame Utility Shed Situated on a 0.09± acre lot (as assessed) Subject 2: 303 McDonald Ave. This single-family residence offers approximately 1,080± square feet and includes: 1 Bedroom 1 Bathroom Central Air Conditioning Situated on a 0.08± acre lot (as assessed) Conveniently located near major employers, shopping, and medical facilities. Subject 3: 307A & 307B McDonald Ave. Two homes situated on one 0.09± acre parcel (as assessed) 307A 1,136± Square Feet Single-story home 3 Bedrooms 2 Bathrooms 10' x 10' Frame Utility Shed 307B 1,696± Square Feet Two-story home 3 Bedrooms 2 Bathrooms Central Air Conditioning Subject 4: 309A & 309B McDonald Ave. Two homes situated on one 0.09± acre parcel (as assessed) 309A 1,296± Square Feet 3 Bedrooms 2 Bathrooms 12' x 20' Carport 309B 1,256± Square Feet Single-story home 1 Bedroom 1 Bathroom Central Air Conditioning Subject 5: Entire Portfolio Offering Following the individual offerings, all six homes will be offered together as one investment portfolio, providing the opportunity to acquire: 6 Residential Homes Four contiguous parcels Prime South Charleston location Less than one mile from the Park Place Development River views Across from Sheetz and WVU Thomas Hospitals One block from MacCorkle Avenue SW
Potential future commercial redevelopment opportunity by assembling the parcels into one larger tract (subject to zoning and governmental approvals)
This is an exceptional opportunity for investors seeking an income-producing residential portfolio or developers looking to capitalize on the property's strategic location in one of Kanawha County's most active commercial corridors. Property Highlights: 6 Residential Homes Offered Individually & As an Entire Portfolio Four Contiguous Parcels River Views Less than 1 Mile from the Park Place Development Across from Sheetz & WVU Thomas Hospitals One Block from MacCorkle Avenue SW Potential to Assemble into One Larger Tract for Future Commercial Redevelopment (Subject to Zoning and Governmental Approvals) All Public Utilities (Water, Sewer, Electric & Natural Gas) Excellent Investment, Rental, or Future Development Opportunity
Kanawha County – District 18 | Map 7 | Parcels 51, 52, 53 & 54
Questions? Please call Taylor Self, Salesperson (304)-476-7118
10% buyer’s premium. 60 days to close. Please read full terms and conditions before bidding. |
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