Rocket Lube Auto Repair Shop
5 Bay Auto Repair Shop with 3 Lifts, 4,518± SF
Selling complete with 3 lifts, 2 piped in air compressors, waste fuel disposal tank to supply waste fuel to the shop heating system, tire changer, tire balancer, pipe bender for exhaust repair, bulk oil tanks and tons of other company owned misc. auto repair items. The personal tools that belong to the current mechanic are not part of the sale. He is ready to retire and the building owners are ready to sell. The 40-foot shipping container, in rear of property, also conveys for storage for the new owners.
Property Details
- 1.828± Acres
- Zoned A-1
- Rear of property is fenced and ready to store.
Building Details
- Lobby
- Upstairs offices, supply room and full bath.
- 2 Half baths on lower level
Don’t miss this opportunity to purchase a turnkey facility. Setup your shop here or re-imagine this property into your vision.
Terms & Conditions
- This Auction is being conducted subject to the Terms and Conditions of Sale and the Sealed Bid Auction Real Estate Purchase Agreement. Seller is a Licensed Real Estate Broker in the Commonwealth of Virginia.
- BIDDER’S INFORMATION PACKET: Detailed Bidder’s Information Packets containing the Sealed Bid Auction Real Estate Purchase Agreement and bidding instructions are available from our office via email, fax or mail order or available for download at https://www.woltz.com/auctions/1043/
- A Bid Packet MUST be obtained and documents filled out to submit a bid.
- AUCTION SALE AND BIDDING: The property is hereby offered by sealed bid auction subject to Seller confirmation. To participate and bid in the auction, your fully executed Sealed Bid Auction Real Estate Purchase Agreement (contained in the Bidder’s Information Packet) must be received by the Auction Company on or before 12:00 PM ET, June 24, 2025.
- BID BASIS: Bidding is by lump sum bid, not per acre.
- Initial bids are due at the offices of Woltz & Associates, Inc., 23 Franklin Road, Roanoke, VA 24011 by NOON on June 24, 2025.
- Bids will be opened at Noon and the top three bidders will be notified by phone call and email of the highest bid and those THREE ONLY will be allowed to increase their bids if they choose by Noon on June 25, 2025. If the top three bidders wish to issue a higher bid this will be done by email of the Round Two Purchase Offering to hannah@woltz.com by NOON on June 25, 2025. If they choose not to increase their offer, their original offer will stand. All bids are final.
- BUYER’S PREMIUM: A Five percent (5%) buyer’s premium must be added to the high bid to determine the total Purchase Price.
- TIE BIDS: In the event of any tie bids, Seller may accept the bid of Seller’s choice, or Seller may elect to allow the tie bidders to make their best and final offer within a business day.
- The property is being sold “AS IS, WHERE IS” with all faults in its condition at the time of sale without recourse by way of refund, reduction of the purchase price, or otherwise.
- Your bidding and purchase of the property is not conditional upon financing. Be sure you have arranged financing, if needed, and are capable of paying cash at closing.
- Bidders inspecting property enter at their own risk.
- BROKER PARTICIPATION: Any appropriately licensed Virginia broker whose agent properly registers the successful high bidder will be paid a 2% commission based upon the contract sales price, and will be paid at settlement by the Seller. Applications must be on a Woltz & Associates, Inc. Broker Participation Application form and contain the name, address and signature of agent and prospect as well as the Broker’s license number and Federal Tax ID number. The form must be received attached to the sealed bid auction offering in the office of Woltz & Associates, Inc. or by email at hannah@woltz.com no later than the Round 1 deadline of 12:00pm, June 24, 2025. Participating Broker must sign the Real Estate Purchase Agreement for winning bid. Agents acting as principals buying on their own behalf, on behalf of family members, other licensed real estate agents, or who represent prospects that have had prior contact with the Seller or Auction Company are not eligible. An agent may register and represent only ONE Bidder for this auction.
- REAL ESTATE DEED AND SETTLEMENT: The balance of the purchase price is due at settlement on or before August 11, 2025. The real estate will be conveyed by general warranty deed free and clear of liens, subject, however, to any rights of way, easements, agreements, and restrictions of record.
- The REAL ESTATE Company and its representatives represent the Seller.
- The information contained on the website is subject to verification by all parties relying on it. No liability for its accuracy, error, or omissions is assumed by the Seller or the Real Estate Company. Boundaries on aerial photography are approximate.
- The accepted sealed bid will require a 10% deposit by Wire initiated to Woltz & Associates, Inc. Escrow account by 3:00pm on June 25, 2025. For wiring instructions, please email hannah@woltz.com or call 540-342-3560.
- Detailed information is available at woltz.com/auctions/1043/