Car Lot with Studio Rental
For Sale
Contact for pricing
Pending
5936 Jefferson Ave, Newport News, VA 23605
Established car lot plus vacant lot over an acre, with eight fully rented studio units included.
Property SizeContact for details
Days on Market150
Property Features for 5936 Jefferson Ave
General Information
Standard status
Pending
Property subtype
Mixed Use
Occupancy
100%
Additional Details
Business Included
Yes
Road Access
Yes
Multifamily Units
8
Listing Agency:
The Virginia Real Estate Firm, LLC
Listed By:
TR Simons · License #Va #0225088291
Source:
Crexi
Added: Apr 10
Changed: Sep 5
Last Checked: Sep 1 at 8:49AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Virginia Real Estate Firm, LLC
Investment Insights
Based on property information with market context.
An established car lot set up for used or new car sales, included with additional vacant land described as over an acre. The package also includes eight fully rented studio units.
The property is located on busy Rt 143 (Jefferson Ave), supporting drive-by visibility and straightforward customer access for the car lot component.
As offered, the assemblage combines an active car-lot operation with multi-unit rental income, with the vacant acreage available for use alongside the existing lot.
The property is located on busy Rt 143 (Jefferson Ave), supporting drive-by visibility and straightforward customer access for the car lot component.
As offered, the assemblage combines an active car-lot operation with multi-unit rental income, with the vacant acreage available for use alongside the existing lot.
Key Highlights
- Established car lot on busy Rt 143 (Jefferson Ave)
- Includes over an acre of vacant lot for use
- Property also includes 8 unit studios that are fully rented
Property Analytics
Property Profile
Current Use
Lease Details
8
Residential units
100%
Occupancy
Turnkey business
Opportunity
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
318
Businesses Nearby
Explore this area
Business Placement
Demographics for 23605, VA
14,053
Population
6,944
Households
2
Avg Household Size
37
Median Age
18%
College-Educated
91%
High-School Grad
3.7 sq mi
ZIP Area
3,798
Density / Sq Mi
$52,899
Median Household Income
$36,286
Median Earnings
$1,187
Median Rent
$178,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Established car lot plus vacant lot over an acre, with eight fully rented studio units included.
Where is this apartment building located?
The property is located at 5936 Jefferson Ave Newport News, VA.
What are key features of this property?
This property features: Established car lot on busy Rt 143 (Jefferson Ave); Includes over an acre of vacant lot for use; Property also includes 8 unit studios that are fully rented
