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Key Details
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
MLS Listing ID 1647120
Year Built 1981
Annual Tax Amount $8,240
Lot Size 0.690 Acres
Property Sub-Type Retail
Property Description
Here is a great opportunity to own a fantastic well established Car Wash! Cap Rate is 12% with potential for growth since there is residential development happening right around property! Property also has excellent exposure since it is right on 3300 South. This Car Wash has been well maintained and managed by the same owner since 2001, which has created a loyal customer base. All equipment has been well maintained and functions as intended. Car Wash offers (5) self serve bays, (1) automatic car wash bay with a Laser Wash 4000 as its equipment, and (7) Vacuums. Customers have the option to pay with credit cards, cash, or car wash tokens. Property includes a couple of out buildings: The first building in back corner of property could be used as a detail shop since it is well insulated, has Heat and Central Air Conditioning, has an overhead door, and man door. The second out building, which has covered parking on either side, could be used for storage. There is also infrastructure in place for a Pay RV Dump on site to collect additional profit, though RV Dump currently is not being used. Square footage figures are provided as a courtesy estimate only and were obtained from Tax Record. Buyer is advised to obtain an independent measurement.
Location
State UT
County Salt Lake
Area Salt Lake City; So. Salt Lake
Exterior
View Y/N No
Building
New Construction No
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Bought with NON-MLS
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Jerome Bennett
Principal Broker | License ID: 5451352-PB00
Principal Broker License ID: 5451352-PB00



