$1,000,000

2512 W Pembroke AVE, Hampton, VA 23661

  • 2,655 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1984
  • Property Lot Size Icon0.47acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $377/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

LAND, BUILDING, ASSETS and INCOME. Owner selling building & land (former state inspection facility), 5 tow trucks + equipment -with future revenue that comes with three 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 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.

Listing Status:
Active
Listing Office:
KW Allegiance : 757-530-9500
Listing Agent:
Ford Cook :
MLS ID:
10585354
  • Flooring: Concrete
  • A/C: Central Air
  • Heating: Forced Hot AirGas

This listing courtesy of Ford Cook, KW Allegiance

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

B

Bassette Elementary School

671 Bell St, Hampton, VA, 23661

Grades PK-5

1.98 miles away

L

Lindsay Middle School

1636 Briarfield Rd, Hampton, VA, 23661

Grades 6-8

1.30 miles away

H

Hampton High School

1491 W Queen St, Hampton, VA, 23669

Grades 9-12

2.07 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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