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Garage - Established Clientele, 100 Yards Of I-66
Location Virginia,United States
Asking Price Range $5.0M - $10.0M
Gross Revenues $0
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1945
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Description Lee Highway, Arlington, VA. Successful Garage with established clientele within 100 yards of East and West exits of I-66 fronting Lee Highway. Retail / Commercial offered at $5,100,000. Year Built Unspecified. Sq Footage Unspecified. Floors 0. Parking Car garage. Lot Size 20,000 sqft. Maint $0 per month.
Existing Structures:
126 x 30 cinder-block building with five-bay garage and first-floor and second-floor office space. Currently leased to used auto-dealer / garage with established customer base. All equipment conveys.
Land Improvements:
2,190 sqft. garage. And office building on Lot 45.
Environmental:
Former auto repair site; fiberglass, 2,000 gal., underground oil storage tank was removed in 2004. A tank excavation assessment found there was no soil contaminants above the Virginia Dept. of Environment Quality reporting limit, and therefore no additional site work is warranted. A copy of the environmental report is available upon request.
Ingress/Egress:
Currently there are two curb cuts on Lee Highway, as well as two on Kenmore St.
Best Use:
Street-level retail with residential condo above.
Zoning R6 & C2:
C2. The C-2 is a ''by-right'' district, allowing a maximum density of 1.5 FAR and maximum building heights of four stories of 45 feet. The general uses permitted are neighborhood and community retail uses although Residential / Hotel Development at 26 units per acre and Office Development at 1.5 FAR are also allowed. Contact for more information on this Auto Repair business for sale.
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