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About This Home
This 0-bedroom, 0-bathroom commercial at 2512 W Pembroke Avenue in Hampton, VA is listed for $1,000,000 ($377 per sqft). Built in 1984, the home offers 2,655 sqft of living space on a 0.47 acres lot.
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.
Key Features
- Built in 1984
- 0.47 acre lot
Property Details
Amenities
Monthly Cost Estimate
$5,348/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
2512 W Pembroke Avenue
Hampton, VA 23661
ALL OTHERS AREA 102
Property Details
Heating
Cooling
Questions & Answers
This 0-bedroom, 0-bathroom commercial at 2512 W Pembroke Avenue is listed at $1,000,000 ($377/sqft). The estimated monthly payment is $4,333 based on 20% down at 6.5% interest.
Key features include: Built in 1984, 0.47 acre lot.
This property is listed by Ford Cook and can be reached at (757) 530-9500 or fordismyagent@gmail.com.