#1 • Prime Route 60 Commercial Development Site with Income-Producing Assets
Part of SOLD $220,000 - Prime Route 60 Commercial Development Site with Income-Producing Assets (timed auction by Joe R. Pyle Complete Auction & Realty, LLC)
High bid $200,000.00
Status: Sold
Online Real Estate Auction Bidding begins closing Tuesday, March 3rd at 6:00PM 7203 MacCorkle Avenue SW St Albans, WV 25177 Prime Route 60 Commercial Development Site with Income-Producing Assets Located along highly traveled Route 60 in one of the area’s most actively renovated commercial corridors, this rare 3.75± acre property offers an exceptional opportunity for investors and developers seeking immediate income with premier redevelopment potential. Property Overview 3.75± Acres (as assessed) in a Prime Commercial Corridor Multiple Income-Producing Structures On-Site Excellent Road Frontage & Visibility on Route 60 High Daily Traffic Counts & Strong Commercial Exposure Surrounded by Recently Renovated & Repositioned Commercial Properties Existing Improvements & Income Potential Single-Family Rental Home Smaller Home Ideal for Long-Term Rental Income Currently Suitable for Immediate Leasing Large 6 Bedroom / 6 Bathroom Residence Currently Rented Ideal for Repositioning as: Recovery / Sober Living Home Assisted or Group Living Facility Student or Workforce Housing Corporate or Short-Term Rental Four-Plex Apartment Building Partially Rented – Immediate Cash Flow with Lease-Up Upside Excellent Opportunity for Stabilization & Increased NOI Highest & Best Use: Commercial Redevelopment Prime Commercial Zoning & Location 3.75± Acre Tract Ideal for: Retail Strip Center Medical / Office Complex Restaurant / Hospitality Development Mixed-Use Commercial Project Multi-Family or Townhome Development Kanawha County District 16, Map 8A, Parcel 54 Legal Description: 3-57/100A Welch Sub 2-3/4 Mile Creek 10% buyer’s premium. 60 days to close. Please read full terms and conditions before bidding.