Former North Elementary School Property in Randolph County WV

Offered in 2 Parcels or as a Whole

Location: 410 Kennedy St Elkins, WV 26241

Date: Bidding is Open & Begins Ending on Monday, October 19th at 7:00PM

Preview / Open House: Monday, October 12th at Noon

Online Only Bidding

Click here for an interactive map of the property: https://id.land/maps/241982d7053c3f501916e9f405e9875a/share

Learn more about real estate auctions here: https://youtu.be/yRYVOQVD7Bk?si=nhvRtaShFjJtqVwn

9.16+/- Acres | 30,937 Square Foot Building | Single Story Building | Built in 1976 | Gymnasium 60 Foot By 59 Foot | Music Room 40 Foot by 34 Foot | Floor plan available in Documents tab | Roof Installed in 2000 | HVAC System Electric | Sprinkler System Fed By outdoor Storage Tank | City Water | City Sewer | Playground | Open & Wooded | Playground Equipment | Contents of Building will be sold following the Sale of the Real Estate – Whatever is left in the building will become property of the new owner at closing

Subject #1

6.99+/- Acres | 30,937 Square Foot Building | Single Story Building | Built in 1976 | Gymnasium 60 Foot By 59 Foot | Music Room 40 Foot by 34 Foot | Floor plan available in Documents tab | Roof Installed in 2000 | HVAC System Electric | Sprinkler System Fed By outdoor Storage Tank | City Water | City Sewer | .85+/- Acre Blacktop Parking Lot | Asbestos Report Available for review by appointment | Security System will be removed from building prior to closing | Contents of Building will be sold following the Sale of the Real Estate – Whatever is left in the building will become property of the new owner at closing

Legal Description:

District 5 Map 41 Parcel 1

6.99 AC LOTS 86-96 NORTH SCHOOL

Currently Tax Exempt

Subject #2

2.17+/- Acres | Playground | Playground Equipment | Fenced | City Water & Sewer Available | Open & Wooded | Building Site potential

Legal Description:

District 5 Map 41 Parcel 2

2.17 AC P/O NORTH SCHOOL

Currently Tax Exempt

This auction presents a rare opportunity to acquire the former North Elementary School property in Elkins, West Virginia, offering 9.16± acres and a 30,937± square-foot single-story institutional building with exceptional redevelopment potential. Available in two parcels or as a whole, the property features a large gymnasium, spacious music room, city water and sewer, ample parking, playground areas, and a versatile layout suitable for educational, community, residential, commercial, storage, or mixed-use conversion. Situated in an established location within Randolph County, minutes From Rt 33, this property provides investors, developers, non-profit organizations, and entrepreneurs a unique chance to secure a substantial facility with abundant acreage and infrastructure already in place. Whether purchased as a complete campus or by individual parcel, the possibilities are extensive for those seeking a distinctive redevelopment or investment opportunity.

Terms: 10% nonrefundable down payment due within 48 hours of the close of the Auction. Not Contingent on financing or any other contingencies. Any required inspections must be completed prior to bidding. All information contained herein 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.  Property sells subject to the owner's confirmation immediately upon completion of the auction.

Combination bidding will be activated on the last day of bidding. 

Kaufman Realty & Auctions of WV 

www.kaufmanauctionswv.com 

399 W. Main St.   

Bridgeport, WV 26330 

David Anthony Kaufman, Broker 

License #WV0030037 

Andrew Yoder Jr. - Auctioneer/Realtor  

[email protected] 

Cell# 304-931-1185 

License #WV0028890 

Auc. Lic. #2086  

Wayne Yoder - Auctioneer/Realtor 

[email protected]   

Cell# 304-931-1285 

License #WV0029880   

Auc. Lic. #2161

Terms:

Property sells subject to the owner's confirmation immediately upon completion of the auction.

Combination bidding will be activated on the last day of bidding.      

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 contained herein 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 After court approval. 10% buyer’s premium will be added to determine the final contract price.         

Please note that approval is required to bid on this auction. Bidder approval closes one hour prior to the scheduled soft close time. Example…soft close of 7 PM, bidder approval closes at 6 PM. WE STRONGLY SUGGEST YOU COMPLETE THE REQUIREMENTS AND REQUEST APPROVAL 24 HOURS PRIOR TO THE SCHEDULED SOFT CLOSE. Kaufman Realty & Auctions is not responsible for anyone who does not meet the approval time or requirements to bid. Failure to register until the last minute could result in you not being approved to bid.  

Successful bidder will be emailed a contract to be executed and returned to Kaufman Realty & Auctions of WV. Successful bidders will deposit 10% of the Contract price in the form of cashier’s check or wire transfer to Kaufman Realty & Auctions of WV. The entirety of the remaining balance is due at closing or within 45 days. Instructions for wire transfer and /or cashier’s check transmittal will be sent by e-mail to the successful bidder. Purchaser shall be responsible for wire transfer fees.         

Property lines on our maps are approximate. Not a survey. 

Contract Documents will be sent by e-mail to the successful bidder must execute and fax or email back to Kaufman Auctions within 48 hours of the end of the auction.          

Successful bidders not executing and returning their contract with earnest money deposit within 48 hours of the conclusion of the auction will be considered in default.         

At the close of bidding, the system is set to reset to 5 minutes when a bid is placed within the last 5 minutes and will do so until no one bids during the allotted time.    

Buyer's Premium Example:         

Bid Price: $100,000         

Plus 10% Buyers Premium: $10,000         

Total Contract Price: $110,000          

Down Payment $11,000       

Bid Increments   

$0-$50,000= $1,000 

$50,000-$100,000= $2,500 

>$100,000= $5,000 

In a reserve auction, if a bidder's max bid is below the reserve, the system bids on behalf of the seller up to the reserve. 

DISCLOSURE: Kaufman Realty & Auctions of WV is acting as Auctioneer/agent and is an agent for the seller only.

DISCLAIMER: Information contained herein 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.     

All right of ways recorded in prior deeds and will transfer as such. All acreage, square footage and other dimensions are approximate.  

BUYER/BROKER INFORMATION: Up to 3% 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. Call for Broker Registration Form or print it from the documents tab for that specific Auction. Must be registered & Approved 24 hours prior to Auction. Brokers/Agents are not entitled to a commission if they are the purchaser.   

By bidding, bidder verifies that they have read, reviewed, and agreed to the purchase documents available under the documents tab of this auction. If buyers require a review of these documents by their counsel, this must be done prior to bidding. In addition, bidder agrees that this bid is a legal and binding contract upon the bidder. It is also understood that a bidder may at some point be outbid but due to combinations of sale may move back into winning position. Therefore, all bids remain valid until the winning bids have been declared. Bids may not be retracted.   

Communications: By accepting these terms, you agree to receive email and SMS correspondence. You may opt out at any time.