Car Wash – New Construction – 12.5% In-Place ROI

Retail-Commercial for Sale
Catylist Listing ID: 30876964
Property Subtypes: Car Wash
Building Size (RSF): 1,976 SF
Gross Building Area: See Agent
Gross Land Area: 0.66 Acres
Sale Price: $3,500,000
Unit Price: $1,771 PSF
In Opportunity Zone? Yes
Property Use Type: Investment, Business
Building Name: Acadia Carwash
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 9/3/2024

Overview / Comments

1,976+/- SF concrete block building on a 0.66+/- acre corner lot. Fully operational car wash with Washworld Wash Systems, Washify Entry Unit Packages and G&G Color Wash Systems. High visibility location right on Route One. Traffic count of 23,860 vehicles per day (AADT 2023). Area businesses include: Circle K, Machias Savings Bank, Subway, L.L. Bean, Verizon, Comfort Inn & more.

Additional Details

Nearest MSA: Bangor
County: Hancock
Tax ID/APN: 09130_134-150-000
Zoning: DT - DOWNTOWN
Retail Clientele: General, Family, Business, Traveler, Tourist, Recreation, Other
Property Visibility: Excellent
Largest Nearby Street: Route One
Traffic/Vehicle Count: 23,860
Tenancy: Single Tenant
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent
Year Built: 2023
Parking Type: Surface
Lot Frontage: 227.35
Water Service: Municipal
Sewer Type: Municipal

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 1,058 3,405 8,958
Median Age: 46.47 42.68 42.99
Households: 544 1,529 3,895

Contact

Photograph of Listing Agent

Christopher Gallagher

The Boulos Company NECPE Member
Photograph of Listing Agent

Joseph Italiaander

The Boulos Company NECPE Member
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