1623 Yosemite Blvd - Car Washes FOR SALE


Modesto, CA 95354- Southeast Modesto
$3,650,000 USD
530-210-3031
1623 Yosemite Blvd, Modesto, CA for Sale
$3,650,000 USD
Car Washes - FOR SALE
1/10
null | Request Cap Rate

1623 Yosemite Blvd
Modesto, CA 95354
Southeast Modesto


HIGHLIGHTS

  • Touchless IBA's are less than 5 years old
  • Two-lane RFID membership system
  • Fence property for improved security

OVERVIEW

Positioned on a high-visibility corridor in Modesto, this fully renovated car wash at 1623 Yosemite Blvd offers a turnkey investment with strong in-place cash flow and upside potential. The property features a new state-of-the-art automatic tunnel, two in-bay automatics, and three upgraded self-serve bays, complemented by a two-lane RFID membership system designed to drive recurring revenue. Significant capital improvements completed between 2021–2024 provide modernized equipment and efficient operations, while the fenced site enhances security and functionality. With an 8.2% current cap rate and projected growth to over 10%, this asset presents an attractive opportunity for both investors and owner-operators seeking a stabilized, high-performing car wash in a strong retail corridor.

FOR SALE DETAILS

PRICE

$3,650,000 USD

PRICE/SF

$1,674 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1973

SPRINKLERS

-

PARKING SPACES

10

LAND DETAILS

LAND ACRES

0.45 AC

LAND SF

19,602 SF

ZONING

-

APN/PARCEL ID

116-03-15

ASK ABOUT THIS PROPERTY

Tim RawlinsCrossroad Ventures GroupMore Info
530-210-3031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Tim RawlinsCrossroad Ventures GroupMore Info
530-210-3031

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.