9801 Compagnoni St - Retail FOR SALE


Bakersfield, CA 93313- South Bakersfield
$3,690,000 USD
661-717-2973
9801 Compagnoni St, Bakersfield, CA for Sale
$3,690,000 USD
Retail - FOR SALE
1/16
null | Request Cap Rate

NEW


9801 Compagnoni St
Bakersfield, CA 93313
South Bakersfield


HIGHLIGHTS

  • Brand New Car Wash
  • Business & Real Estate Included - Financial Upside & Membership Model Opportunity
  • 120-Foot Tunnel Car Wash - Built in 2024–2025 (New Construction)
  • Brand New Car Wash Equipment - Easy Access from Hwy 99 & Hwy 119 (Taft Hwy)
  • Modern Construction & Design - High Traffic Area with Strong Consumer Draw
  • Prime Location Adjacent to Starbucks - Positioned Behind ARCO Gas Station

OVERVIEW

Brand New Car Wash – Business & Real Estate Included Price: $3,690,000 Property Type: Retail – Car Wash Address: 9801 Campognani St, Bakersfield, CA 93313 Sale Type: Owner/User or Investment Property & Business Overview Rare opportunity to acquire a brand-new, state-of-the-art car wash with property and business included in the sale. The car wash is strategically located next to Starbucks and behind an ARCO Gas Station, with excellent access from Highway 99 and Hwy 119 (Taft Hwy) in South Bakersfield. The seller invested approximately $4.5 million to develop and construct this facility and is now offering it for sale at $3,690,000, representing a significant loss to the seller and a below-replacement-cost opportunity for a buyer. The property was originally built for the seller’s son to operate; however, due to a relocation out of state, the seller no longer has an operator in place. The car wash is currently absentee owned, creating an excellent opportunity for an owner-operator to step in and maximize operations and profitability. Key Highlights Brand New Car Wash Business & Real Estate Included 120-Foot Tunnel Brand New Car Wash Equipment Modern Construction & Design Prime Location Adjacent to Starbucks Positioned Behind ARCO Gas Station High Traffic Area with Strong Consumer Draw Easy Access from Hwy 99 & Hwy 119 (Taft Hwy) Built in 2024–2025 (New Construction) Financial Upside & Membership Model Opportunity The car wash offers substantial financial upside through hands-on management and the implementation of a monthly membership / unlimited wash program, which can significantly increase recurring revenue and customer retention. Additional upside may be achieved by optimizing pricing, improving operational efficiency, local marketing, and cross-promotion with neighboring national tenants such as Starbucks and ARCO. An owner-operator can further enhance cash flow by actively managing labor, introducing loyalty programs, fleet accounts, and digital marketing strategies. Investment Summary This offering provides a rare chance to acquire a newly built car wash at a price well below development cost, in a growing Bakersfield trade area with strong traffic drivers and surrounding national brands. Seller is motivated. Serious inquiries only. Please contact listing broker for additional information and a confidential showing.

FOR SALE DETAILS

PRICE

$3,690,000 USD

PRICE/SF

$1,538 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Santa Cruz Car Wash

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

2

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.6 AC

LAND SF

26,073 SF

ZONING

C-2

APN/PARCEL ID

184-160-53-00-2

ASK ABOUT THIS PROPERTY

Umit IsterIster & Associates Real Estate GroupMore Info
661-717-2973

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Umit IsterIster & Associates Real Estate GroupMore Info
661-717-2973

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