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922-924 4th Avenue Huntington, WV 25701
- Other / Owner Financing
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Property Details for null St, Huntington, WV 25701
Features
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Facts
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Sale Type
This property is offered for sale with Owner Financing available. With Owner Financing, owners can offer flexible terms which allow buyers to purchase property without a traditional bank loan. This leaves more room for negotiation on loan terms and approvals.
Description
Western four floors, approximately 31,400 sq. ft., of The historic Frederick Building, located in the central downtown historic district is ready for conversion and remodel. This section of the Frederick Building was originally constructed in 1906 as a stand alone building, and in circa 1970's the front section of the 5th floor was combined with the central main hotel for the construction of a large private residence and currently remains in this configuration. The Frederick Building has previously been converted into a condominium property and all required documentation is on record in the Office of the Cabell County Clerk. This section/building of the property has its own main electrical feed, main city water and sewer lines, as well as its own wet sprinkled fire protection system with automatic central alarm notification. All floor levels are currently vacant and offer open floor plates. This building/section has been pre-approved, under prior filings, for both Federal and State historic tax credits. In order for purchaser to utilize and take advantage of these credits, all such related guidelines and requirements must be strictly adhered and followed. Seller will take no responsibility for the use or loss of such credits by Purchaser. Seller will consider, but will not be strictly required to offer or make arrangements for, owner financing. In order for purchaser to to be considered for owner financing, the purchaser shall be required to provide proof of additional buildout capital and/or debt financing or other funding, show a prior history of property rehabilitation, and provide an upfront down payment.
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Property Brokerage:
REALTY EXCHANGE
4 Stonecrest Drive
HUNTINGTON
WV
25701
Copyright © 2024 Huntington Board of Realtors. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
All information provided is deemed reliable, but is not guaranteed and should be independently verified.