FORECLOSURE AUCTION - Tuesday, July 2 at 1:00pm - Concrete Production Facility located near I-81
FORECLOSURE AUCTION - Tuesday, July 2, 2019 at 1:00pm - AUCTION HELD ON-SITE - 300 Mall Drive, Martinsburg, West Virginia 25401 - Known as The Martinsburg Concrete Products Co, this property is believed to be improved with an industrial office structure and multiple industrial buildings devoted to concrete production, concrete product storage, and equipment storage. The property is believed to be serviced by public electricity, public water, and public sewer. The property is also believed to be located in FEMA flood zone X, which is not classified as a flood hazard area per FEMA Map Number 54003C0153E, dated July 7, 2009.
According to a third party report, the buildings were constructed in 1976 with periodic renovations and the improvements include 5,904 SF of Gross Building Area.
The Property consists of 7.50+/- acres that are strategically located next to Foxcroft Towne Center, significant other shopping centers with retail stores, restaurants, hotels and conveniently accessible by I-81 and US Route 11. While the property has an attractive IG - General Industrial zoning, and a history of being used for industrial purposes, it has the potential for redevelopment for a variety of uses, subject to existing zoning laws.
The lender retained an independent law firm to complete the title work for this foreclosure, which can provide title insurance to the purchaser at the purchaser's expense. Please contact Auction Markets, LLC for more information.
The property is currently occupied so please do not go onto the property. You may inspect the real estate on Wednesday, June 26, 2019 between 11am and 1pm and Tuesday, July 2, 2019 between Noon and 1pm. 2% BROKER PARTICIPATION OFFERED.