Rare in Arlington to buy a free Standing commercial property, zoned C-2.. Highly visible area. Used as an Automotive Garage, but could be used for many things including warehouse. Property backs to and is visible from Columbia Pike, has signage as well. Located in Columbia Pikes Revitalization Area, NW Corridor, across from the new Arlington Mill Community Center. Free standing building with 3786 sq. ft, 4 bays (two bays are tandem and can fit 4 cars at one time, plus 2 more bays) 4 lifts total, 1 loading dock, 1 ramp. 2 offices, 2 restrooms, 2 storage rooms, 4 garage/bay doors, and 18+ft ceilings. Building can be separated into 2 units with private entrances. Ideal to keep as an Automotive Garage or Warehouse. Rent is month to month with 120 day termination. Owner of auto repair business would like to stay with a new long term lease. **Do not use current lease amount to determine CAP %, as it is very low, use current market value for leases in area to determine CAP. Own a piece of history; Formerly used as a Flour Mill known as Curtis Grist Mill, constructed in 1836 by George Washington Parke Curtis who was given the land by his Step Grandfather George Washington. Later used as an Ice House (Watson's Ice House). Title work and survey with plat completed.
|Price Reduced from $1,995,000 to $1,795,000|
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Listing information last updated on August 23rd, 2019 at 7:30am EDT.