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465 N McKinley Ave
Corona, CA 92879
Merit Auto Spa · Specialty Property For Sale
·
5,000 SF
Investment Highlights
- Merit AUTOSPA is an opportunity to acquire a recently renovated, full-service car wash, on a 300,000 SF Vons & Walmart anchored shopping center.
- Ideally located off of 91 FWY in the McKinley Ave retail hub serving the Corona, Riverside, and Norco trade areas and 50+ national tenants nearby.
- Property is absentee owned and operated and could substantially benefit from more experienced hands-on ownership.
- Merit AUTOSPA achieved record sales last year, and substantial cash flow, but there is much opportunity for improvement.
- More than $4M in property renovations in 2021, including a new luxurious customer waiting lounge, signage, water softening system, and much more.
- Within 15 minutes of the property, 434,000+ residents with an average income of $118,000+ are nearby and not aware yet of the car wash.
Property Facts
| Sale Condition | Auction Sale | Building Size | 5,000 SF |
| Type of Ownership | Fee Simple | No. Stories | 1 |
| Property Type | Specialty | Year Built/Renovated | 1994/2021 |
| Property Subtype | Car Wash | Parking Ratio | 6/1,000 SF |
| Building Class | B | No. Drive In / Grade-Level Doors | 3 |
| Lot Size | 0.74 AC | Parcel Number | 172-130-002 |
| Zoning | SP, Corona - Specialty Commercial | ||
| Sale Condition | Auction Sale |
| Type of Ownership | Fee Simple |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.74 AC |
| Building Size | 5,000 SF |
| No. Stories | 1 |
| Year Built/Renovated | 1994/2021 |
| Parking Ratio | 6/1,000 SF |
| No. Drive In / Grade-Level Doors | 3 |
| Zoning | SP, Corona - Specialty Commercial |
| Parcel Number | 172-130-002 |
Amenities
- Signage
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