950 N Harbor City Blvd - Car Washes FOR SALE


Melbourne, FL 32935
$1,595,000 USD
516-419-2752
950 N Harbor City Blvd, Melbourne, FL for Sale
$1,595,000 USD
Car Washes - FOR SALE
1/12
null | Request Cap Rate

950 N Harbor City Blvd
Melbourne, FL 32935


OVERVIEW

Strong Underlying Real Estate – 0.67acre site with +/-4,500 SF concrete block building, canopy, and ample stacking/vacuum lanes. Turnkey, Fully Operational Facility – Modern express tunnel wash with upgraded automation, canopy, and ample stacking and vacuum lanes. Strong Historical Performance – Prior annual revenue exceeding $700,000, supported by consistent year-over-year car counts and loyal clientele. Recurring Membership Base – Over 750 active members, representing roughly one-third of total revenue and providing reliable, predictable cash flow. Attractive SBA-Financed Asset – Opportunity to assume or refinance an existing SBA-backed loan; financing structure supports both owner-operator and investor ownership. Redevelopment Flexibility – CC-2 zoning allows for continued car wash use or repositioning into automotive, retail, or mixed commercial operations. Strong Market Fundamentals – Located in a dense retail and residential corridor near national anchors, driving consistent customer flow and repeat volume. Growth Potential – Opportunities to increase membership penetration toward 65–70%, and introduce higher-margin premium packages.

FOR SALE DETAILS

PRICE

$1,595,000 USD

PRICE/SF

$354 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.67 AC

LAND SF

29,185 SF

ZONING

CC2

APN/PARCEL ID

27-37-21-00-00270.0-0000.00

ASK ABOUT THIS PROPERTY

Steven BezmenHedgeStone Commercial Realty LLCMore Info
516-419-2752

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Steven BezmenHedgeStone Commercial Realty LLCMore Info
516-419-2752

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