508 S Palestine St - Car Washes FOR SALE


Athens, TX 75751
$199,000 USD
254-449-6721
508 S Palestine St, Athens, TX for Sale
$199,000 USD
Car Washes - FOR SALE
1/13
null | 4.54% Cap Rate

508 S Palestine St
Athens, TX 75751


HIGHLIGHTS

  • Lease income from billboard
  • Lease income from ice machine company
  • Income from Car Wash

OVERVIEW

Established car wash located on Highway 19 South in Athens. Great location with approx. 208 ft of highway frontage and one of the highest traffic counts in Athens. Includes 6 wash bays and 6 vacuum bays with all the amenities including vacuum, shampoo and scent, full vending and two cash-change machines. Currently includes additional monthly lease revenue from Twice The Ice kiosk sitting on the corner of the property and annual lease revenue for billboard. Owner recently purchased for 1031 exchange last year and lives out of state. Includes an 8 camera surveillance system. Call Sam Deen for additional details. Public Driving Directions: From Athens courthouse head south on Hwy 19, the car wash is located on the right after Roma's Italian and across the street from Ken's Pizza. This listing includes the Car Wash business and property, the property the ice machine sits on with lease revenue, and the billboard lease revenue.

FOR SALE DETAILS

PRICE

$199,000 USD

PRICE/SF

$398 USD /SF

CAP RATE

4.54%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Squeak E Clean Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1980

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,189 SF

ZONING

Commercial

APN/PARCEL ID

2050-0066-011C-01

ASK ABOUT THIS PROPERTY

Sam DeenDeen Property GroupMore Info
254-449-6721

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Sam DeenDeen Property GroupMore Info
254-449-6721

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