Auction Information
City Block in Chesapeake Mixed-Use Investment
Joe R. Pyle Complete Auction & Realty Service
ONLINE
REAL ESTATE AUCTION
Bidding starts closing Tuesday, August 18th at 6:00PM
12205, 12209, 12211, 12217, & 12219 MacCorkle Ave
Chesapeake WV 25315
Entire Chesapeake City Block
MIXED USE PROPERTY
INCOME PRODUCING WITH MORE POTENTIAL
IMAGINE THE POSSIBILITIES
5 LOTS
Investment Opportunity of a Lifetime! Investors, entrepreneurs, and visionariestake note. This rare, flat, mixed-use property spans an entire city block in Kanawha County offering unparalleled versatility and an incredible footprint for your next business venture.
The Property Highlights:
· Prime Commercial Building: Features include ample paved parking and massive curb appeal. This versatile space was formerly operated as a successful, licensed video lottery parlor outfitted with 5 lottery machines. It is primed to be revived as an entertainment hub, retail space, restaurant, convenience store, or professional offices.
· Built-In Multi-Stream Income: The block includes 3 mobile home rental lots, providing immediate, steady cash flow to support your investment from day one.
· Perfect Topography: Flat, highly usable land makes future expansion, redevelopment, or customization seamless.
Situated in a high-visibility, high-convenience pocket of town, this property places you just one block away from the community's core anchors:
- Chesapeake Marina (perfect for drawing seasonal and recreational traffic)
- Chesapeake City Hall
- US Local VFW
- Family Support Center
Bring Your Vision
Opportunities to own this much contiguous real estate in a central location do not come around often. Whether you want to collect passive rental income, launch a new commercial enterprise, or redevelop the entire block, this property gives you the freedom to get creative with your investment.
Dont let this unique city block slip away. Schedule your private tour today and explore the endless potential!
12205 MacCorkle Ave Chesapeake WV
Mobile Home rental lot
Mobile home does not convey - Tenant owned
Current rent - $150/mo
Corner/end lot
Legal: LT 1 BK M CHESAPEAKE MCCORKLE AVE 12205 MH SITE
12209 MacCorkle Ave Chesapeake WV
Mobile Home rental lot
Mobile home does not convey - Tenant owned
Current rent - $150/mo
Legal: LT 2 BK M MCCORKLE AVE 12209 2 MH SITES
12211 MacCorkle Ave Chesapeake WV
Mobile Home rental lot
Mobile home does not convey - Tenant owned
Current rent - $150/mo
Legal: LT 3 BK M CHESAPEAKE MCCORKLE AVE 1223 MH SITE
12217 MacCorkle Ave Chesapeake WV
Commercial building
Former Video Lottery facility Mama Linas
24x44
Was licensed for 5 Lottery machines
Kitchen area
Restrooms (2) and utility room
Large reception area
Front entrance and emergency exit access
Paved Parking
Formerly rented for $650/month
Legal: LT 4 BK M CHESAPEAKE MCCORKLE AVE 12221
12219 MacCorkle Ave Chesapeake WV
Vacant parcel
Partially paved
Corner/end lot
Legal: LT 5 BK M CHESAPEAKE
For more information Contact Keith Hare, Salesperson 304-741-9135
District 20 Map 2 Parcels 53, 54, 55, 56, & 57
GPS:38.224677N, 81.538124W
Directions: I-64E/I-77S to exit 89 to left on lens Creek to right on MacCorkle Ave to property on the right in Chesapeake between 122nd St and 123rd Street and between MacCorkle Ave and Venable Ave.
10% buyers 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. 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/agents 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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