For Sale
$1,195,000

4114 Us Highway 90Lake City, FL 32055

Profitable car wash, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
114
This vacant, 0.94-acre property in Lake City, Florida, presents a compelling investment opportunity. The 2003-built Xpress Car Wash features a 90-foot tunnel equipped with Belanger equipment and a Unitec POS system, complemented by 8 vacuum stations. Located on US Highway 90, this asset benefits from excellent visibility and accessibility, with over 20,000 vehicles passing daily. The property's strategic location is further enhanced by its proximity to numerous retail establishments within a one-mile radius, including five car dealerships, Dollar General, Harveys Supermarket, Family Dollar, Smoothie King, Texas Roadhouse, Cracker Barrel, Steak ‘n Shake, Chic-fil-A, IHOP, and Bob Evans. This asset sale offers a significant operational upside, presenting a chance to capitalize on below-replacement cost and substantial sales growth potential. The property is being sold as-is. This is an owner/user investment opportunity. The building sits on a 0.94-acre lot. The asking price is $1,195,000.

Highlights

  • High-traffic location on US Highway 90, exceeding 20,000 vehicles daily.
  • Strong retail co-tenancy within one mile, including national brands like Cracker Barrel and Chick-fil-A.
  • Below market replacement cost with substantial sales growth potential.

Property Details for 4114 Us Highway 90

Property type
Specialty properties, Retail properties
Year Built
2003
Buildings
1
Lot Size (sq. ft)
40,946 SF

Location Insight

City
Lake City
County
Columbia
State
Florida
Latitude
30.1803322
Longitude
-82.6998769
4114 Us Highway 90, Lake City, Florida

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4114 Us Highway 90
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