88 South Gateway Drive, Fredericksburg, VA 22406 - Photo 1

1/1

$10,500

Sold
Closed
Commercial Lease

1/1

Property Description

STOP THE PRESS! CHECK OUT THIS PERFECT LOCATION FOR YOUR AUTOMOTIVE BUSINESS! Brand new high efficiency, state-of-the-art commercial space includes a generously sized 4-bay garage with 2 drive-through bays, large office space with reception area, manager office, customer waiting area, conference /multi-use space, large mezzanine above, and over 36 parking spaces. Approved for state inspections, emission inspections, auto sales, automotive mechanics, and more. Prime location right in front of Manheim Auto Auction in Fredericksburg off of the I-95 exit #133. Don't let this one slip away. 5-year NNN lease with optional 5-year. Lease includes some existing shop equipment (see inclusions).

Full Property Details

Full Property Details for 88 S Gateway Dr

General

Sold For: $10,500
Status: Closed
Type: Commercial Lease
Source: BrightMLSMidAtlantic
MLS ID: VAST2026612
Added to Site: 799 day(s) ago

Business

Business Type: Auto Related

Rental Information

Lease/Rent Term: 60 Months
Rent Includes: Additional Storage Space

Interior

Flooring: Concrete

Rooms

Bathrooms

Restrooms: 3

Additional Information

Security/Safety: Desk in Lobby, Exterior Cameras, Security System, Smoke Detector, Fire Detection System

Parking

Total Spaces: 39
Parking Features: Paved Parking, Private, Security/Monitored
Parking Type: Parking Lot, Private Garage

Location

County: Stafford
Driving Directions: GPS - next to Manheim Auto Auction, Fredericksburg
Location Details: Free Standing

Heating & Cooling

Cooling Type: Heat Pump(s), Zoned
Heating Type: Heat Pump(s), Zoned, Ceiling, Other
Heating Fuel: Electric, Bio Fuel
Water Heater: Electric

Utilities

Sewer: Public Sewer
Water: Public
Utility Description: Cable TV Available, Electric Available, Phone Available, Phone Connected, Sewer Available, Water Available

Structural Information

Construction: Steel Siding
Foundation: Slab
Drive-In Doors: 6
Drive-In Clearance: 8' to 12'
Stories/Levels: 0
Current Bldg. Use: Auto Dealer/Service, Automotive
Year Built: 2023
Year Built Source: Estimated
Property Condition: Excellent

Lot Features

Lot Size (Acres): 0.87
Lot Size (Sq. Ft.): 37,892
Lot Size Source: Assessor
Street/Road Desc.: Black Top
Lot Features: Landscaping, Level, Premium, Road Frontage
Zoning: B2
Lot Description: Landscaping, Level, Premium, Road Frontage

Financial Considerations

Price Per Sq. Ft.: $3.23
Security Deposit: $24,000
City/TownTax Freq: Annually
Terms: Standard Sale
Tenant Pays: Cable TV, Common Area Maintenance, Insurance, Janitorial Service, Light Bulbs/Filters/Fuses/Alarm Care, Minor Interior Maintenance, Snow Removal, Taxes, Utilities - All, Trash Removal

Disclosures and Reports

Ownership: Other
Exclusions: dyno machine and emissions testing equipment (existing lease must be accepted separately by tenant; otherwise shall be removed prior to occupancy)
Inclusions: 2 each 10, 000 lb automotive lifts, 1 each 12, 000 lb automotive lift, headlight aiming machine, 1 orange 4-ton heavy duty floor jack, 1 automotive engine hoist, 1 transmission jack, smoke machine, 2 red air operated waste oil drainers, 1 misc. tire balancers, 1 misc. tire changer, wooden work bench, shop shelving, 10 office chairs, 1 flat screen tv with stand, all existing fixtures and furnishings (tenant is responsible for operation and maintenance)

Listed and Sold by INK Homes and Lifestyle, LLC., Curtis Lee Hartless

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Listing agent

— 88 S Gateway Dr —

Curtis Lee Hartless

INK Homes and Lifestyle, LLC.

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Schools

Schools serving 88 S Gateway Dr

School District:Stafford County Public Schools

Name	Grades	Distance
Rocky Run Elementary School 95 Reservoir Road, Fredericksburg, VA 22406	K-5	2.6 mi
T. Benton Gayle Middle School 100 Panther Drive, Fredericksburg, VA 22406	6-8	1.5 mi
Colonial Forge High School 550 Courthouse Road, Stafford, VA 22554	9-12	6.4 mi

Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 88 S Gateway Dr

Date

Details

Price

Change

Source

3/11/2024

Sold

$10,500

-12.5%

MLS

1/25/2024

Listed

$12,000

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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Beds
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Beds
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Sq. Ft.

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Sold by Non Subscribing Office, NON MEMBER

88 South Gateway Drive, Fredericksburg, VA 22406 (MLS# VAST2026612) is a Commercial Lease property that was sold at $10,500 on March 11, 2024. Want to learn more about 88 South Gateway Drive? Do you have questions about finding other Commercial Lease real estate for sale in Fredericksburg? You can browse all Fredericksburg real estate or contact a Coldwell Banker agent to request more information.

88 S Gateway Dr Fredericksburg, VA 22406