New Cumberland Income Producing Commercial Building & Additional Lot (WV) Sold $144,100 - Kaufman Realty & Auctions

New Cumberland Income Producing Commercial Building & Additional Lot (WV) Sold $144,100

New Cumberland Income Producing Commercial Building & Additional Lot (WV) Sold $144,100
New Cumberland Income Producing Commercial Building & Additional Lot 
Former School Building 
 
Location: 104 N. Court St. New Cumberland, WV 26047 
GPS Coordinates 40.499637, -80.608787 
 
Date: Bidding is open & begins ending Tuesday, February 20th at Noon 
Preview: Tuesday, February 13th from Noon - 1:00 PM 
Online Only Bidding 
 
 
Subject # 1 
70,850+/- Square feet, Annual income $59,685.00, Yearly leases that automatically renew in July of each year unless tenants give 30 day notice, Owner pays utilities, Main part is a 3 story building, Gymnasium, Gymnasium roof redone in 2011,  Main roof replaced in 2015, Gas hot water boiler heat system, ACoutdoor units and Mini Splits, City Water, City Sewer, 4 City used offices will vacate the end of February 2024 – The income will not change (City owns Building and does not pay rent) Buyer has the opportunity to rent those spaces. 
 
Room for more tenants in this building! 
 
Situated right next to The Hancock County Courthouse 
Legal Description: District 5 Map N26G Parcel 44 COURT, District 5 Map N26G Parcel 15 LOTS 51-52 COURT ST 
 
Subject # 2 
204 Pearl St New Cumberland, Wv 26047 
Vacant Lot 
District 5 Map N26B Parcel 53  
27 CUPPY ADN PEARL ST – Taxes Exempt  
 
Terms: 10% nonrefundable down payment due within 48 hours of the close of the Auction. No financing or other contingencies. Any required inspections must be completed prior to bidding. All information containedherein derived from sources deemed reliable but not warranted. Sold as is no warranties written or implied. Property will be sold free and clear of any & all liens and encumbrances. Taxes will be prorated to the day of closing. 45 days to close. 10% buyer’s premium will be added to determine the final contract price.   
 
Kaufman Realty & Auctions of WV               
399 W. Main St.               
Bridgeport, WV 26330               
David Anthony Kaufman, Broker               
License #WV0030037               
               
Andrew Yoder Jr. - Auctioneer/Agent               
Andrew.Yoder@kaufmanrealty.com     
Cell# 304-931-1185               
License #WV0028890               
Auc. Lic. #2086               
               
Wayne Yoder - Auctioneer/Agent               
Wayne.Yoder@kaufmanrealty.com            
Cell# 304-931-1285               
License #WV0029880               
Auc. Lic. #2161   
104 N. Court St. , New Cumberland, West Virginia 26047
Preview Starts and Ends
Ended on