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Express Car Wash, Shopping Strip (7 retail) and 5.6 Acres of Land.

  • $4,000,000
Baltimore, MD
Active
Express Car Wash, Shopping Strip (7 retail) and 5.6 Acres of Land.
Baltimore, MD
  • $4,000,000

Description

Solid, transparent and lucrative opportunity to own a car wash, 13,000SF of shopping strip (7 Retail) and 5.6 Acres of Land.

Located in the high traffic road of Baltimore this car wash / Shopping Mall has been in business for over 25 years.

Over 40,000 SF of lot space with over 12,000SF of shopping strip building which includes 7 retail tenant income generating stores.

1. Car wash consists of : 120FT fully automatic wash rail, 2 lot indoor detailing garage, 2 super wash entrance bay. ($850K gross / $300K net income)

2. Shopping Strip consists of: Fully occupied 7 Retail stores currently has $220K gross / 175K net income

3. Additional Land consists of 4.52 Acres M1/L1 Zoned land for expansion / development.

– Owner will disclose all sales records and audited financials.
– Portfolio Sale (Car Wash may be purchased & leased seperatley for $1.5M)

REASON FOR SELLING : OWNER RETIRING AFTER 25 YEARS

Please have your prospect buyer sign an attached confidentiality agreement prior to any additional information. A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION

Please sign attached NDA and email to : andrewsuh@clandrealty.com Call or TEXT 201-600-8544 Attached Document

Details

Updated on July 19, 2024 at 2:55 pm
  • C Land Property ID: HZ2247483
  • Price: $4,000,000
  • Land Area: 4.52 Acres
  • Year Built: 1984
  • Business Type: Car Wash, Shopping Mall & Plaza
  • Asking Price: $4,000,000
  • Gross Sale: $1,070,000
  • Net Income: $475,000
  • Business Type: Car Wash & Shopping Strip
  • Employees: 9
  • Size of Business: 13,000 SF
  • Location (City, State): Silver Spring, MD
  • State/county MD

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Andrew Suh
  • Andrew Suh