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Businesses For Sale   >>   Virginia Businesses For Sale Categories   >>   

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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