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3736 George Washington Memorial Hwy 682 SF 100% Leased Retail Building Hayes, VA 23072 For Sale
Investment Highlights
- 5.28-acre site with approximately 500 feet of frontage on Route 17.
- Proven income stream from a top-performing dealership with strong historical sales.
- Located in a high-traffic corridor with 36,000 vehicles per day and nearby national retailers.
- Grandfathered minimum setback allows inventory display close to the roadway.
- Convenient access from both directions via a median break on Route 17.
Executive Summary
This 5.28-acre automotive commercial property offers a rare opportunity along the highly traveled George Washington Memorial Highway (Route 17) in Hayes, Virginia. Featuring approximately 500 feet of prime frontage, the site provides exceptional visibility and accessibility, supported by a grandfathered minimum setback and a median break for convenient ingress and egress. Zoned B-1 with automotive sales permitted, the property is entitlement-protected and includes a proven revenue-generating dealership operation.
The site’s current tenant, Old Hickory Buildings, has consistently ranked among the top five dealerships in Virginia, earning Million Dollar Club recognition annually from 2022 through 2025. This strong in-place income stream, combined with long-term redevelopment flexibility, positions the property as a compelling investment with upside potential. Located within the Highway Corridor District, the property benefits from proximity to major retailers such as Habitat for Humanity ReStore, Exxon, 7-Eleven, and O’Reilly Auto Parts, as well as a traffic count of approximately 36,000 vehicles per day.
The site’s current tenant, Old Hickory Buildings, has consistently ranked among the top five dealerships in Virginia, earning Million Dollar Club recognition annually from 2022 through 2025. This strong in-place income stream, combined with long-term redevelopment flexibility, positions the property as a compelling investment with upside potential. Located within the Highway Corridor District, the property benefits from proximity to major retailers such as Habitat for Humanity ReStore, Exxon, 7-Eleven, and O’Reilly Auto Parts, as well as a traffic count of approximately 36,000 vehicles per day.
Property Facts
Sale Type
Investment or Owner User
Property Type
Building Size
682 SF
Building Class
C
Year Built
1949
Percent Leased
100%
Building Height
1 Story
Lot Size
5.28 AC
Zoning
B-1
Frontage
500’ on Route 17
Amenities
- Air Conditioning
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 14682 | Improvements Assessment | $155,783 CAD |
| Land Assessment | $431,996 CAD | Total Assessment | $587,778 CAD |
Property Taxes
Parcel Number
14682
Land Assessment
$431,996 CAD
Improvements Assessment
$155,783 CAD
Total Assessment
$587,778 CAD
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3736 George Washington Memorial Hwy
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