11025 Jefferson Avenue, Newport News, VA 23601 (MLS # 10652156)

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PRICE $1,790,000 SIZE 4,850 sqft LOT SIZE 30,492 sqft

Exceptional investment and owner-user opportunity at the high-visibility corner of 11021 and 11025 Jefferson Ave. Situated on approximately 0.70 acres, this dual-address property offers approximately 4,850 SF across three buildings with 130+ on-site parking spaces, for dealership inventory, fleet vehicles, customer parking, or other commercial operations. The property includes an auto dealership office with showroom presence, a main mechanic shop equipped with three lifts, a secondary service bay with one lift and office space, and a separate building currently used for automotive detailing. A vacant residential apartment above the secondary service and office area offers additional income potential. The separate buildings and distinct operating areas create excellent potential for multiple future tenants and diversified rental-income streams. An investor may have the opportunity to lease the dealership office, three-lift mechanic shop, secondary service bay, detailing building, and apartment to separate occupants, subject to zoning, permits, access, utilities, and other applicable requirements. The main three-lift mechanic shop is not currently leased, allowing immediate flexibility for an owner-user or a new income-producing tenant. This versatile layout may appeal to auto dealerships, repair businesses, detailing companies, fleet operators, investors, or entrepreneurs seeking multiple operations at one location. Existing automotive infrastructure, separate work areas, dual addresses, and substantial parking make this a compelling value-add investment with significant future income potential. Property details, building areas, acreage, equipment, parking capacity, zoning, permitted uses, and multi-tenant potential must be independently verified by the purchaser. Showings by appointment only; do not disturb occupants or operating businesses.