For Sale
$675,000

4954 Summer Ave Memphis, TN 38122

High-Income Car Wash, Excellent Location

Overview

Added:
Feb 3
Days on market:
81
This well-maintained car wash in Memphis, TN, presents a lucrative investment opportunity. Strategically positioned between North Mendenhall and Interstate 40, this property boasts eight wash bays and a substantial 0.56-acre lot, ensuring ample space for operations and potential expansion. The convenient pay-to-enter system enhances customer experience and streamlines operations. The property's strong income generation is a key feature, with detailed financial information available to qualified buyers upon request. Serious inquiries should include a formal Letter of Intent or Offer, accompanied by verifiable proof of funds, either through a bank letter or a lender pre-approval letter. This is a turnkey operation ready for a new owner to step in and continue the success. The property's location near major roadways ensures high visibility and accessibility, attracting a large customer base. The existing infrastructure is in excellent condition, minimizing immediate capital expenditure needs. This presents a rare chance to acquire a profitable, established business with significant growth potential in a thriving market. Don't miss this chance to own a successful, established car wash business in a prime Memphis location.

Property Details for 4954 Summer Ave

Property type
Commercial real estate
Year Built
1979

Location Insight

City
Memphis
County
Shelby
State
Tennessee
Latitude
35.14944
Longitude
-89.89563

FAQs

What type of property is this?
Commercial real estate - High-Income Car Wash, Excellent Location
Where is the commercial real estate located?
The property is located at 4954 Summer Ave Memphis, TN.
What is the asking price?
The asking price for this property is $675,000.
How can I contact the broker?
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4954 Summer Ave
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