1102 3rd St, Farmville, VA 23901-1678
- Industrial properties
- 1.36 lot acres
Current Use by Public Records
- Taylor-Forbes Equipment Company / Agricultural Supply
Property Details for 1102 3rd St
- Lot size
- 1.36 lot acres
- Property type
- Industrial properties
- Property subtype
- Industrial live-work properties
- APN
- 023A913 A
- APU
- 023A913A
Sales History
| Date | Price | Buyer | Seller | Deed Type | Mortgage |
|---|---|---|---|---|---|
| Aug 2, 2023 | $375,000 | Washbox 3rd LLC | Red Hawk Investment Group LLC | Deed | $1.2M · Citizens Bank & Trust Company |
Description
This exceptional commercial property offering presents a lucrative investment opportunity in Farmville, VA. The sale includes two strategically located properties: 2011 S Main St and 1102 W 3rd St, operating together as the well-established Washbox Carwash. The combined properties boast a total of 4,012 square feet situated on a half-acre lot. The 2011 S Main St location features one automatic bay and three self-serve bays. The 1102 W 3rd St location includes one automatic touch-free bay and one self-serve bay, along with a valuable addition: a garage featuring a well-rented apartment above. This provides a significant supplemental income stream. The sale price of $2,999,900 includes all existing equipment and the established business, offering immediate cash flow potential. Significant upgrades and improvements have been implemented within the last two to three years, enhancing the properties' value and operational efficiency. The business model is already proven successful in the Richmond metro area, and there's potential for further growth through the addition of monthly subscription services. This is a turnkey operation ready for a new owner to step in and capitalize on its existing success. Note that the owner is selling these two properties together only.
Value Estimations
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Location Insight
- Map
- Local Demand
- City
- Farmville
- County
- Prince Edward
- State
- Virginia
- Longitude
- -78.3797
- Latitude
- 37.2958
