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Auto-Tech Service Center 669 N Loudoun St

14,900 SF 100% Leased Industrial Building Winchester, VA 22601 $1,850,000 ($124/SF)

Investment Highlights

  • 1+ Acres and Two Buildings - 11,700SF and 3200SF
  • Owner Financing Available
  • Corner Lot with Secure Parking

Executive Summary

Long-established and profitable auto repair service center. Auto-Tech Service Center is independently owned (not a franchise) with loyal customer base. Property consists of 2 parcels and 2 buildings and is currently multi-tenant, but can be single-tenant (owner operator). Auto-Tech uses about 70% of the main building. The main building is approximately 11,700SF and has 4 overhead doors, 2 are 12' high and 2 are 10' high. The second building is about 3,200SF and has a 12' high door. There are 9 lifts in Auto-Tech's area, and the owner also has another in the tenant's adjacent space. There is room for at least 14 lifts in the main building and probably another 2-3 on the smaller building, if needed. Zoned CM1, and potentially suitable for auto dealership location. Secure parking. Suitable for Virginia State Inspections. Roof on main building is about 10 years old. Roof on second building about 2-3 years old. Multiple gas and electric meters. Main building uses waste-oil for heating fuel but can convert to gas. All buyers must provide Proof of Funds or a satisfactory Personal Financial Statement and sign our NDA before further details can be provided. Seller financing available to qualified buyer at 20% down, 6% interest, 20-year am, 5-year balloon. Owner will consider selling parcels separately, as long as parcel with the 11,700 SF building is sold first.

Property Facts Under Contract

Price $1,850,000
Price Per SF $124
Sale Type Investment or Owner User
Sale Conditions Business Value Included
Property Type Industrial
Property Subtype
Service
  • General Retail Auto Dealership
  • General Retail Auto Repair
  • Industrial Refrigeration ColdStorage
Building Class C
Lot Size 1.08 AC
Rentable Building Area 14,900 SF
No. Stories 1
Year Built/Renovated 1940/2021
No. Drive In / Grade-Level Doors 5

Utilities

  • Lighting
  • Gas
  • Water
  • Sewer
  • Heating

About 669 N Loudoun St , Winchester, VA 22601

Long-established and profitable auto repair service center. Auto-Tech Service Center is independently owned (not a franchise) with loyal customer base. Property consists of 2 parcels and 2 buildings and is currently multi-tenant, but can be single-tenant (owner operator). Auto-Tech uses about 70% of the main building. The main building is approximately 11,700SF and has 4 overhead doors, 2 are 12' high and 2 are 10' high. The second building is about 3,200SF and has a 12' high door. There are 9 lifts in Auto-Tech's area, and the owner also has another in the tenant's adjacent space. There is room for at least 14 lifts in the main building and probably another 2-3 on the smaller building, if needed. Zoned CM1, and potentially suitable for auto dealership location. Secure parking. Suitable for Virginia State Inspections. Roof on main building is about 10 years old. Roof on second building about 2-3 years old. Multiple gas and electric meters. Main building uses waste-oil for heating fuel but can convert to gas. All buyers must provide Proof of Funds or a satisfactory Personal Financial Statement and sign our NDA before further details can be provided. Seller financing available to qualified buyer at 20% down, 6% interest, 20-year am, 5-year balloon.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
133-09-2
Land Assessment
$151,100
Improvements Assessment
$442,660
Total Assessment
$593,760

zoning

Zoning Code CM-1 (Allows a mixture of commercial and light industrial uses in those areas of the City that currently contain a mixture of such uses.)
CM-1 (Allows a mixture of commercial and light industrial uses in those areas of the City that currently contain a mixture of such uses.)
  • Listing ID: 31916828

  • Date on Market: 5/24/2024

  • Last Updated:

  • Address: 669 N Loudoun St, Winchester, VA 22601

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