CAR WASH - Kingsport TN

Retail-Commercial for Sale
Catylist Listing ID: 30610694
Property Subtypes: Car Wash
Building Size (RSF): 3,390 SF
Gross Land Area: 0.55 - 0.71 Acres
Sale Price: $329,000
Unit Price: $97.05 PSF
In Opportunity Zone? Yes
Has Drive-Thru? Yes
Property Use Type: Vacant/Owner-User
Building Name: Smilin Billie's Car Wash
Sale Terms: Cash to Seller, Other
Cap Rate: 7.2%
Last Updated: 9/19/2020

Overview / Comments

CAR WASH FOR SALE . Back on Market. CAR WASH has been sitting inactive for over a year. BRING ALL OFFERS. Seller is motivated. GREAT Location. Latest Traffic Count Per Day 2018 = 17,715 Cars. CAP Rate 7.2%. Excellent Opportunity to Re-ignite this great Money Machine or Turn this Corner Lot with over 430 Feet of Road Frontage into Another Business. Plumbed with Gas, Electricity and of course Water. Income and Expenses Available upon request. BRING ALL OFFERS. Financials available upon request. OFFICE BUILDING ACROSS E. Sevier St FOR SALE BY SAME OWNERS (MLS 9907106). TO BUY BOTH. ( Office Address: 1000 E Center St.) SELLER WILL SELL BOTH PROPERTIES FOR $869K. Buyer(s) and Buyer(s)' Agent to confirm all information

Additional Details

Nearest MSA: Kingsport-Bristol
County: Sullivan
Taxing Authority: Sullivan TN
Tax ID/APN: 082 046O B 02800 000 2019
Retail Clientele: General, Family, Business, Traveler, Tourist
Property Located Between: East Center Street and E Sevier Ave
Property Visibility: Excellent
Largest Nearby Street: E Center St
Feet of Frontage: 430
Traffic/Vehicle Count: 17,715
Highway Access: From I-26 North in Kingsport TN, go East on W Stone Dr., Turn Right onto Lynn Garden Drive, then turn Left onto W Center St. Follow Center St Approx 1 mile, Car Wash will be on the Left.
Airports: TRI - Tri Cities Tennessee - 20 minutes
Site Description: Excellent Visability on a Corner lot with Center St, and E Sevier Ave (side street). Newer Blue Roof ($40,000 cost) attracts attention to clean location.
Area Description: Close to Downtown Kingsport with 4 lane road ( E Center St) to attract clients. Surrounded by plenty of residential housing for more business.
Property Condition: Excellent
Year Built: 2006
Year Renovated: 2014
Roof Type: Arched
Construction/Siding: Block, Brick
Exterior Description: A 6-BAY Car Wash with two of them equipped with NAVIGATOR.
Parking Description: Plenty of Parking for Waiting or Vacuuming
Heat Type: Electricity, Natural Gas
Zoning Description: Commercial
Lot Frontage: 430 Feet
Water Service: Municipal
Sewer Type: Municipal
Legal Description: 046O B 028.00

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,400 43,442 72,943
Median Age: 42.93 43.28 43.56
Households: 4,257 19,325 31,817


Photograph of Listing Agent

Michael Duever

Keller Wlliams
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