#1 Car Wash | 1901 S Broadway
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#1 Car Wash 1901 S Broadway
2,000 SF Retail Building Santa Maria, CA 93454 $2,795,000 ($1,398/SF)
Investment Highlights
- UNIQUE OPPORTUNITY: FULL SERVE GAS STATION & EXPRESS CAR WASH
- 8 GAS PUMPS (NO DIESEL); 2 TANKS (REGULAR 1 - 12,000 GAL /SUPER 1 - 6,000 GAL) BOTH LESS THAN 5 YEARS OLD
- HISTORICAL HIGH SPREADS ON GAS SALES.
- BUSINESS & REAL ESTATE INCLUDED
- 70FT TUNNEL; CAR WASH EQUIPMENT APPROXIMATELY 5 YEARS OLD
Executive Summary
This exceptional property presents a unique investment opportunity as a full-service gas station and express car wash. This freestanding building spans 2,000 square feet and was recently renovated in 2017. The business boasts a three-year average yearly gross profit of $800,000 under absentee ownership, demonstrating its strong financial performance.
The station is equipped with 8 gas pumps (excluding diesel) and two tanks (12,000 gallons for regular and 6,000 gallons for super), both less than five years old, ensuring efficient and modern fuel services. Additionally, the car wash features a 70ft tunnel with equipment approximately five years old, providing quick and reliable service.
Situated on a major commercial thoroughfare with high traffic counts of over 35,000 cars per day along Broadway, the property ensures consistent customer flow and high visibility. Historical high spreads on gas sales further enhance its appeal as a lucrative investment. With a population of over 100,000 residents, Santa Maria holds the title for being the most populous city in Santa Barbara County.
The station is equipped with 8 gas pumps (excluding diesel) and two tanks (12,000 gallons for regular and 6,000 gallons for super), both less than five years old, ensuring efficient and modern fuel services. Additionally, the car wash features a 70ft tunnel with equipment approximately five years old, providing quick and reliable service.
Situated on a major commercial thoroughfare with high traffic counts of over 35,000 cars per day along Broadway, the property ensures consistent customer flow and high visibility. Historical high spreads on gas sales further enhance its appeal as a lucrative investment. With a population of over 100,000 residents, Santa Maria holds the title for being the most populous city in Santa Barbara County.
Property Facts
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
2,000 SF
Building Class
B
Year Built/Renovated
1971/2017
Price
$2,795,000
Price Per SF
$1,398
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.31 AC
Zoning
C-2 - Commercial
Parking
5 Spaces (2.5 Spaces per 1,000 SF Leased)
Amenities
- Air Conditioning
Walk Score ®
Very Walkable (81)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 117-500-009 | Improvements Assessment | $1,428,000 |
Land Assessment | $408,000 | Total Assessment | $1,836,000 |
PROPERTY TAXES
Parcel Number
117-500-009
Land Assessment
$408,000
Improvements Assessment
$1,428,000
Total Assessment
$1,836,000
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#1 Car Wash | 1901 S Broadway
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