6 Residential Properties & Redevelopment Potential

Real Estate Auction

 

Thursday, August 20^th 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.

 

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