Self Service Car Wash FOR SALE- Richmond

Retail-Commercial for Sale
Sale Pending
Catylist Listing ID: 30699951
Property Subtypes: Mixed Use, Retail-Pad, Street Retail, Vehicle Related, Other
Status: Pending
Building Size (RSF): 2,600 SF
Gross Building Area: See Agent
Gross Land Area: 0.52 Acres
Sale Price: $379,900
Unit Price: $146.12 PSF
In Opportunity Zone? Yes
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 10/11/2021

Overview / Comments

We are pleased to present...this Cash producing self service Car Wash just off the busy bypass and dense residential area in Richmond. The 5 bay spray Car Wash, with 1 drive in bay also has multiple vacuums, and Credit card pay drive in touchless wash Bay. The site is .524 acres and very close to the bypass at a light on S Porter Drive. The property & equipment are in good shape and has been managed daily by the present owners who are retiring and could stay on for a limited time for training for the next owner.

Highlights:
Retail Self Service Car Wash FOR SALE
5 spray off bays, and 1 Touchless drive in bay
Credit card pay for Drive in, Coin operated for Spray
Zoned B-3
.524 Acres
Owner managed, and will train new Owner

Additional Details

Nearest MSA: Richmond-Berea
County: Madison
Tax ID/APN: R002-0012-0005
Zoning: B-3
Retail Clientele: General, Family, Traveler, Tourist, Other
Property Visibility: Excellent
Area Description: Richmond is centrally located and is south of Lexington on the I-75 corridor. Richmond is one of the fastest growing areas in Kentucky. Several identifiable factors contribute to this growth, such as easy interstate access, proximity to Lexington, lower cost of housing, good employment base, regional university, and cultural and educational opportunities. Richmond tied for the 30th in the Top Micropolitans in nation for new and expanded industry activity in 2010. The City of Richmond is currently the 7th most populous in Kentucky, up from 11th largest in the 2000 census and is the home of Eastern Kentucky University with approximately 17,000 students. Historic downtown Richmond is one of the finest 19th century commercial districts in the Southeast and is a unique blend of small town warmth and friendliness while still having access to the advantages of a big city.
Year Built: 2000
Year Renovated: 2020

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,249 34,098 43,568
Median Age: 30.87 31.99 33.27
Households: 2,829 13,248 17,092
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