Income Generating Commercial Property in Nitro

Online Commercial Real Estate Auction

 

Bidding begins closing Wednesday June 17^th at 6:00PM

 

307 21st Street

Nitro, WV

 

Mixed-Use Retail & Self-Storage Investment

 

High-visibility, income-producing commercial property featuring a retail antique mall and self-storage facility in one package.

 

Current Income

• Antique Mall Rental Income: $11,935 per month (exclusive of sales commissions)
• Self-Storage Rental Income: $3,510 per month
• Total Documented Monthly Rental Income: $15,445 per month
• Additional income generated through antique mall sales commissions

Property Highlights:

1.42± Acres (as assessed) commercial site

B-2 General Business Zoning

Excellent access and visibility in established commercial corridor

 

Retail Building

17,460± SF retail space

Fully leased antique mall concept

Office and vendor booth layout

Large, paved parking area (~20,000 SF)

 

Self-Storage Facility

7,000± SF total

56 storage units (10’ x 12’)

Drive-up access units

 

Investment Highlights

Diversified revenue streams
Stabilized retail occupancy
Strong local demand for storage
Value-add potential through rent optimization
Proven income-producing asset

 

Location

Established retail/commercial area

Surrounded by local businesses, services, and residential neighborhoods

 

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.

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