600 W 1st Street La Junta ( Colorado, US - 81050) Built

$195,000

Norm Murphy & Associates, Inc.

Norm Murphy & Associates, Inc. Norm Murphy & Associates, Inc. 719-384-5551 (Office) Request More Info

  • Type: Commercial
  • Style: Single Story
  • Size: 3,000 sq. ft.
  • Development Level: Built
  • Lot Size: 0.65 acres
  • Year Built: 1980
  • Taxes: $1,200.00 (2019)
  • MLS #: 184705

Description

This commercial building has been leased to a franchised auto parts store for many years with close to a 9% Cap Rate. The described property can be purchased as described or you can include the Car Wash located to the South and SE. The combined price is $670K which includes a Car Wash business, Detail Shop, income from a Water Vending Machine business owned by the seller, and income from said Commercial Building Lease. The Car Wash is a turn-key business opportunity which includes 5 bay Self-service: 8 position wash, credit card system by Wash Pay, security cameras, electronic vending, drop shelf vending stations and new awnings 2019. The 5 self-serve bays use Unitec Wash Pay credit card system, 1 of the 5 is perfect for a large truck bay. There is one Belanger Vector Rapid Touch free automatic car wash (installed in 2006) with a Unitec Wash select auto cashier, 4 vacuum stations and a detail shop. The seller will pay a percentage of gross income from the water vending machines. This is a great opportunity on a very successful business with a $63,937 NOI realizing close to a 9.60% Cap Rate overall! The Seller will consider splitting the property, selling just the car wash and detail shop at a price of $465K. Give Tom a call for details.

Attachments

P2#372429847
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Information is deemed to be correct but not guaranteed.