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1180 Highland Ave - Car Wash 2,700 SF Specialty Building Offered at $2,850,000 in Hermiston, OR 97838

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INVESTMENT HIGHLIGHTS

  • Great Location!

EXECUTIVE SUMMARY

Amazing Location! Dollar General and busy 76 Gas Station/Laundramat as neighbor!! Business and land included. Well established, high volume,turn key, already operating and ready for new ownership. Owners are wanting to sell this site with 210 E. Elm Ave. Car Wash (Walmart/Mcdonald's) together as a package ($5,700,000 Total for Both Sites). Owners willing to carry a portion of the contract if in 1st position (contact for terms).
Rough numbers: Over the last 4 years, the tunnel portions of the car washes have washed on average 76,000 cars per year with this year averaging about $15.25 per wash. We currently do not have a subscription based model which if implemented could drastically increase revenue.
Each site also has 2 self wash bays, and 7 vacuums (4 self wash bays and 14 vacuums total between the 2 locations). Well over $100k+ per year in revenue from bays and vacs.
Call Todd at 509-499-6547 for more detailed information.
Thank you

PROPERTY FACTS In Escrow

Price $2,850,000
Price Per SF $1,055.56
Sale Type Investment
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 0.73 AC
Building Size 2,700 SF
No. Stories 1
Year Built 2019
Parking Ratio 3.7/1,000 SF
Cross Streets 11th st
Opportunity Zone Yes
Zoning C-2 - General Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
119473
Land Assessment
$113,060
Improvements Assessment
$478,330
Total Assessment
$591,390
  • Listing ID: 34275158

  • Date on Market: 12/23/2024

  • Last Updated:

  • Address: 1180 Highland Ave, Hermiston, OR 97838

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