Ming Ave Bakersfield, CA 93309

This exceptional investment opportunity presents a well-established, 100% occupied self-serve car wash in Bakersfield, CA. Boasting 1,776 square feet of rentable space on a large 15,245 square foot lot, this single-story building, constructed in 1974 and renovated five years ago, offers five wash bays and vacuum stations. The property enjoys a prime location on Ming Avenue, with high visibility and proximity to major thoroughfares like Highway 99, and benefits from neighboring businesses such as McDonald's and Panda Express. Currently generating a strong NOI of $60,000 and a 5.11% cap rate, this car wash presents a compelling investment with significant upside potential. The property is zoned C-2 and features newer equipment, allowing for potential profit increases through operational enhancements. The asking price is $1,175,000, translating to $691.18 per square foot. This established business, operating 24/7 for over five decades, offers a rare chance to acquire a profitable and well-located asset in a thriving market. The property's APN is 16437014.