Property Listing No Longer Available for Sale

934 Memorial Blvd., Martinsville, VA

Business for Sale - $301,500 - 6,000 Sq. Ft. on 0.46 acres


Property Info

CIMLS#18144
Location
  934 Memorial Blvd.
  Martinsville VA 24112
UpdatedJuly 11th, 2007
TypeBusiness
Price$301,500
Building6,000 Sq. Ft.
Land0.46 acres

Property Description

Located in a high traffic area on Rt. 220S in Martinsville, VA near industrial and retail areas, this property has 6,000 sq.ft., central air condition, paved parking, a garage bay for deliveries, a forklift bay, and public water/sewer. The building was built in 1969, is newly remodeled with work/production/storage/cleanup areas, and the lot size is 100x200. There is a kitchen, 2 offices for staff, and a restroom. It is currently being used as the only authorized service center within a 50-mile radius for power tools manufactured by companies such as Black & Decker, DeWalt, Porta Cable, and Makita. The business also repairs generators, welders, air compressors, and electric motors, along with single & three phase motors. The interior has two offices, a kitchen, and a bath. Locally owned and operated, the business and the equipment are being sold separately. The business stocks replacements parts for all major power tool brands as well as a large inventory of parts, machinery and test equipment. The comp has the capability of rewinding motors up to 250 horsepower. The Electric Company has established business relatonships with a large database of suppliers and customers. The current owner is willing to assist the new owner with training in the business. Its location is less than half mile from Lowe's and Walmart.

See also www.AngieAncheta.com!


Financials