For Sale
$1,800,000

6800 44Th AveWheat Ridge, CO 80033

High-Yield Car Wash Investment

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional opportunity to acquire a thriving, well-maintained car wash in Wheat Ridge, Colorado. Located at the highly visible corner of 44th Ave and Pierce St, this 3,475 square foot facility features eight spacious bays, ample customer parking, and state-of-the-art equipment. The property sits on a 26,120 square foot lot zoned R-C and boasts a 100% occupancy rate, generating a Net Operating Income (NOI) of $195,000 and a 10.83% capitalization rate. The asking price is $1,800,000 ($517.99 per square foot). All environmental concerns have been addressed, with Phase One Environmental completed and cleared, an Alta Survey completed, and old gas tanks removed (NFA letter from the State is available). This turnkey operation presents a rare opportunity for investors seeking a high-return, established business in a desirable location. The property's strong performance and prime location make it an ideal investment for both experienced car wash operators and first-time business owners. This is a truly exceptional opportunity to acquire a profitable and well-established business.

Highlights

  • Thriving car wash in Wheat Ridge, CO, generating $195,000 NOI.
  • Located on a high-visibility corner lot at 44th Ave and Pierce St.
  • 3,475 SF building with eight bays and ample parking on a 26,120 SF R-C zoned lot.
  • 100% occupancy, 10.83% cap rate, $1,800,000 asking price ($517.99/SF).
  • Turnkey operation with completed Phase I environmental, Alta survey, and gas tank removal; NFA letter available.

Property Details for 6800 44Th Ave

Property type
Specialty properties, Car washes
Square Feet
3,475 SF

Location Insight

City
Wheat Ridge
County
Jefferson
State
Colorado
Latitude
39.776605837123
Longitude
-105.07262356744
6800 44Th Ave, Wheat Ridge, Colorado

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6800 44Th Ave
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