Amazing Business Opportunity Car Wash

Retail-Commercial for Sale
Catylist Listing ID: 30807407
Property Subtypes: Car Wash, Other
Building Size (RSF): 1,800 SF
Gross Land Area: 29,621 SF
Sale Price: $379,000
Unit Price: $210.56 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: Big Red Car Wash
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/1/2022

Overview / Comments

Amazing business opportunity in the perfect location!
This fully operational carwash adjacent to 2 heavily traveled roads has 6 self serve bays, 3 vacuums and 6 vending machines. This carwash is a 24/7 money maker with lots of potential! One bay used to be an automatic and could easily be turned back into one for more revenue. This property has TONS of room for expansion and seller has site plan and a survey to build storage units on remaining piece of land if buyer wishes to add more income. Customers travel from miles to use this carwash as it has heated soap and wax - a rare feature folks love! Updates include: new water heater, air compressor, water softener machine and 5/6 motors replaced as of February 2022! Start making passive income today!!! (P&L available with signed confidentiality agreement)

Additional Details

Nearest MSA: Knoxville
County: Loudon
Taxing Authority: Loudon
Tax ID/APN: 05304804201
Zoning: C-2
Retail Clientele: Business
Property Located Between: Carding Machine Road and Hwy 72 Loudon across Food City
Property Visibility: Excellent
Largest Nearby Street: Hwy 72
Feet of Frontage: 149
Highway Access: Hwy 72
Site Description: Great location High Traffic Area
Area Description: Shopping, Restaurants, Grocery Stores, Lots of Commercial Businesses
Total Number of Buildings: 1
Property Condition: Excellent
Year Built: 1992
Construction/Siding: Block, Brick
Exterior Description: Brick
Parking Type: Other
Parking Description: Asphalt
Sprinklers: None
Heat Source: Other
Internet Access: DSL
Zoning Description: C-2
Lot Frontage: 149 Feet
Lot Depth: 220 Feet
Water Service: Municipal
Sewer Type: Municipal
Legal Description: Parcel ID/Tax ID 048 042.01

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Demographic Statistics

Proximity: 3 miles 5 miles
Total Population: 10,652 16,040
Median Age: 41.44 42.64
Households: 4,128 6,239


Photograph of Listing Agent

Joseph J Wallace

Keller Williams KAAR CIE Member
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