305 Sunburst Hwy - Car Washes FOR SALE


Cambridge, MD 21613
$1,300,000 USD
410-251-6408
305 Sunburst Hwy, Cambridge, MD for Sale
$1,300,000 USD
Car Washes - FOR SALE
1/6
null | Request Cap Rate

305 Sunburst Hwy
Cambridge, MD 21613


HIGHLIGHTS

  • Huge depreciation tax benefits
  • Highway locations in slow-speed limit zones
  • Easy access and circulation for customers
  • Setup: single-car automatic wash bays, and vacuum stations
  • Located in a dense commercial corridor with high traffic counts

OVERVIEW

This premier 4,700± SF car wash facility occupies a highly visible position along eastbound US Route 50, Cambridge's primary commercial corridor and one of the most traveled routes on Maryland's Eastern Shore. With traffic counts approaching 30,000 vehicles per day and a posted speed limit of just 35 mph, the property captures exceptional exposure from both local residents and the substantial seasonal traffic traveling to and from Maryland and Delaware beach destinations. The property underwent a comprehensive renovation in 2019, including a complete interior renovation, full exterior modernization, and installation of all new equipment. These significant capital improvements have positioned the facility as one of the area's premier car wash locations while minimizing near-term capital expenditure requirements for a new owner. Surrounded by major retailers, restaurants, service businesses, and other traffic generators, the property benefits from its location within Cambridge's dominant commercial corridor. The combination of strong visibility, modern improvements, proven automotive infrastructure, and strategic Route 50 frontage creates a rare opportunity to acquire a turnkey operation supported by excellent underlying real estate fundamentals.

FOR SALE DETAILS

PRICE

$1,300,000 USD

PRICE/SF

$900 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

GO! Wash - Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

1995

SPRINKLERS

-

PARKING SPACES

11

LAND DETAILS

LAND ACRES

0.57 AC

LAND SF

24,829 SF

ZONING

C-2

APN/PARCEL ID

07-172753

ASK ABOUT THIS PROPERTY

Wesley Cox, CCIMSVN | Miller Commercial Real EstateMore Info
410-251-6408

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Wesley Cox, CCIMSVN | Miller Commercial Real EstateMore Info
410-251-6408

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