602 1St StCopperas Cove, TX 76522

  • Commercial real estate
  • 3,020 SF
For Sale
$349,000 View listing

Property Details for 602 1St St

Year built
2009
Lot size
0.35 AC
Property size (Sq ft)
3,020 SF
Property type
Commercial real estate
APN
1-36-38-0000
APU
136380000

Description

This exceptional investment opportunity presents a thriving car wash business located at 602 N 1st St, Copperas Cove, Texas, 76522. The property, built in 2009, boasts a 3,020 square foot building situated on a 0.347-acre lot. The structure features high-quality construction with a steel frame, stone finish, and a durable metal roof. The concrete parking lot provides ample space for customers, with parking for 10 vehicles. The car wash itself comprises three operational wash bays and two and a half vacuum bays, accepting cash, coin, and card payments. A fourth bay, previously a laser wash, is currently inoperable but presents potential for lease income or conversion into an additional wash or detailing bay. Financial statements for 2022 and 2023 are available for review, providing insight into the business's profitability. Recent upgrades include new credit card readers, vacuum systems, vending machines, and signage. The property is zoned for retail use (Ret) and benefits from city water and sewer services, as well as convenient access via city streets, curbs, sidewalks, and a US Highway. The building features concrete flooring, one heating unit, and one air conditioning unit. This turnkey operation offers a rare chance to acquire an established business with significant growth potential in a desirable location.

Location Insight

City
Copperas Cove
County
Coryell
State
Texas
Latitude
31.1289
Longitude
-97.9012
CBSA code
28660
CBSA name
KILLEEN-TEMPLE-FORT HOOD, TX METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$2,953
$76,960
$73,040
$150,000
-
$76,960
$73,040
$150,000

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