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2512 W Pembroke Ave 2,655 SF Retail Building Hampton, VA 23661 $1,395,920 CAD ($525.77 CAD/SF)



EXECUTIVE SUMMARY
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.
PROPERTY FACTS
Sale Type
Owner User
Property Type
Retail
Property Subtype
Building Size
2,655 SF
Building Class
C
Year Built
1984
Price
$1,395,920 CAD
Price Per SF
$525.77 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.13
Lot Size
0.47 AC
Zoning
C3 - Designates a commercial zoning district intended for high-intensity, regional commercial activity.
Parking
25 Spaces (9.42 Spaces per 1,000 SF Leased)
AMENITIES
- Fenced Lot
PROPERTY TAXES
| Parcel Number | 01A0010007027 | Improvements Assessment | $195,722 CAD |
| Land Assessment | $99,271 CAD | Total Assessment | $294,993 CAD |
PROPERTY TAXES
Parcel Number
01A0010007027
Land Assessment
$99,271 CAD
Improvements Assessment
$195,722 CAD
Total Assessment
$294,993 CAD
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2512 W Pembroke Ave
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