950 McEver Rd - Car Washes FOR SALE


Gainesville, GA 30504
$2,300,000 USD
770-560-5500
950 McEver Rd, Gainesville, GA for Sale
$2,300,000 USD
Car Washes - FOR SALE
1/23
null | Request Cap Rate

950 McEver Rd
Gainesville, GA 30504


HIGHLIGHTS

  • ± 4,295 SF car wash/auto center. FF&E included for owner/user.
  • Freestanding detail building. Covered vacuum station. 3 drive-thru service bays. 22,297 VPD. 1 car wash tunnel with upgraded equipment
  • Located across from Publix-anchored shopping center. Furnished lobby/waiting area for guests.
  • Recent Phase 1: No contamination. New survey
  • 2024 appraised value = $3,000,000
  • Shown by appointment only. Do not visit property or disturb tenants, employees or customers.

OVERVIEW

Bull Realty is pleased to present this well-established tire and auto center located on bustling McEver Road in Gainesville, GA. Due to illness, the owner has been leasing the property and equipment on a month to month basis. The tenants will vacate prior to closing. This facility is located in a dense retail corridor and is across the street from a Publix-anchored shopping center. The Home Depot, Best Buy and Kohl's are also in close proximity. The property is being sold with all improvements and FF&E in place but no business value is included. A 2024 appraisal ordered by the current lender appraised the property at $3,000,000.00. Please note that the car wash tunnel is somewhat operational but not a significant part of the property’s income as it needs to be updated and many components replaced. The asking price reflects the value of the property with this consideration.

FOR SALE DETAILS

PRICE

$2,300,000 USD

PRICE/SF

$536 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Lakeside Auto Repair Opportunity | ±1.69 AC

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2006

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.69 AC

LAND SF

73,616 SF

ZONING

HB

APN/PARCEL ID

01-00116-02-081

ASK ABOUT THIS PROPERTY

Darrell ChapmanBull Realty Inc.More Info
770-560-5500

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Darrell ChapmanBull Realty Inc.More Info
770-560-5500

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