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$ 1,000,000
Est. payment | /mo
2,655 SqFt
$ 1,000,000
Est. payment | /mo
2,655 SqFt
Key Details
Property Type Commercial
Sub Type Purchase
Listing Status Active
Purchase Type For Sale
Square Footage 2,655 sqft
Price per Sqft $376
Subdivision All Others Area 102
MLS Listing ID 10585354
HOA Y/N No
Year Built 1984
Annual Tax Amount $2,360
Lot Size 0.470 Acres
Property Sub-Type Purchase
Property Description
Business opportunity! Owner selling building and land (former state inspection facility), 5 tow trucks + equipment -with all the future business that comes with three very profitable towing companies: Franks Towing, A-Plus Towing, and AMA Towing. $900K to over $1M ANNUAL REVENUE has been achieved in recent years with towing fees, storage fees, other revenue at this location. New owner to answer the phones and work hard. This location currently tows vehicles for Hampton Uni, Hampton Police, Virginia State Police. AAA and other car clubs are past clients. Unclaimed cars are stored at $50/day up to 30 days and then sold to auction. Building features an office up front and three spacious work bays with high ceilings and 12' roll up garage doors. Could host a repair shop and bring in additional $500K revenue. Fenced, secure storage for up to 50 vehicles. Central location with quick access to interstates. Owner willing to finance up to $500K at current SBA rates if buyer brings $500K cash.
Location
State VA
County Hampton
Area 102 - Hampton West
Zoning C3
Interior
Heating Forced Hot Air, Gas
Cooling Central Air
Flooring Concrete
Exterior
Parking Features 1-25 Spcs
Utilities Available City Sewer, City Water, Electric, Gas
Roof Type Asphalt Shingle
Building
Story 1.0000
Foundation Slab
Others
Senior Community No
Ownership Simple
Miscellaneous 220 V
Disclosures None
Special Listing Condition None
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Listed by KW Allegiance
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