Prime automotive and mixed-use investment opportunity located on high-traffic Jefferson Ave in Newport News! This fully renovated multi-building property features an operating car dealership, multiple mechanic shops including a large 3-lift service facility nearing completion, detailing area, and additional office space. The property also includes an upstairs apartment offering rental income potential. With over 40,000 vehicles per day, 280 feet of frontage, and 130+ parking spaces, this site provides exceptional visibility and accessibility. Great for owner-users or investors seeking multiple income streams with strong upside potential.
|
TRACT
|
IVY FARMS
|
YEAR BUILT
|
1981
|
|
COMMUNITY
|
107 - Newport News Midtown East
|
COUNTY
|
Newport News
|
|
STATUS
|
Active
|
PROPERTY TYPE(S)
|
Commercial
|
| AIR |
Other |
| AIR CONDITIONING |
Yes |
| AREA |
107 - Newport News Midtown East |
| CONSTRUCTION |
Concrete, Stucco, Vinyl Siding |
| LOT |
0.7 acre(s) |
| SEWER |
Public Sewer |
| STORIES |
2 |
| SUBDIVISION |
IVY FARMS |
| TAXES |
5299 |
| WATER |
Public |
| ZONING |
C2 |
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