950 McEver Rd - Car Wash/Auto Repair Investment Opportunity
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950 McEver Rd - Car Wash/Auto Repair Investment Opportunity
4,295 SF Specialty Building Offered at $3,319,360 CAD in Gainesville, GA 30504
INVESTMENT HIGHLIGHTS
- ± 4,295 SF car wash/auto center. FF&E included for owner/user.
- Located across from Publix-anchored shopping center. Furnished lobby/waiting area for guests.
- 2024 appraised value = $3,000,000
- Freestanding detail building. Covered vacuum station. 3 drive-thru service bays. 22,297 VPD. 1 car wash tunnel with upgraded equipment
- Recent Phase 1: No contamination. New survey
- Shown by appointment only. Do not visit property or disturb tenants, employees or customers.
EXECUTIVE SUMMARY
Bull Realty is pleased to present this well-established car wash and auto center located on bustling McEver Road in Gainesville, GA. Due to illness, the owner has been leasing the property and equipment on a month to month basis. The tenants will vacate prior to closing. This facility is located in a dense retail corridor and is across the street from a Publix-anchored shopping center. The Home Depot, Best Buy and Kohl's are also in close proximity. The property is being sold with all improvements and FF&E in place but no business value is included. A 2024 appraisal ordered by the current lender appraised the property at $3,000,000.00.
This offering includes real estate, improvements, and FF&E only, - NO business value is included. Seller has no sales reports or P & L's from tenants.
Please do not disturb employees.
This offering includes real estate, improvements, and FF&E only, - NO business value is included. Seller has no sales reports or P & L's from tenants.
Please do not disturb employees.
FINANCIAL SUMMARY (ACTUAL - 2023) |
ANNUAL (CAD) | ANNUAL PER SF (CAD) |
|---|---|---|
| Gross Rental Income |
$413,536
|
$96.28
|
| Other Income |
-
|
-
|
| Vacancy Loss |
-
|
-
|
| Effective Gross Income |
$413,536
|
$96.28
|
| Net Operating Income |
-
|
-
|
FINANCIAL SUMMARY (ACTUAL - 2023)
| Gross Rental Income (CAD) | |
|---|---|
| Annual | $413,536 |
| Annual Per SF | $96.28 |
| Other Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income (CAD) | |
|---|---|
| Annual | $413,536 |
| Annual Per SF | $96.28 |
| Net Operating Income (CAD) | |
|---|---|
| Annual | - |
| Annual Per SF | - |
PROPERTY FACTS
| Price | $3,319,360 CAD | Building Class | B |
| Price Per SF | $772.84 CAD | Lot Size | 1.69 AC |
| Sale Type | Investment | Building Size | 4,295 SF |
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built/Renovated | 2006/2018 |
| Price | $3,319,360 CAD |
| Price Per SF | $772.84 CAD |
| Sale Type | Investment |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 1.69 AC |
| Building Size | 4,295 SF |
| No. Stories | 1 |
| Year Built/Renovated | 2006/2018 |
PROPERTY TAXES
| Parcel Number | 01-00116-02-081 | Improvements Assessment | $334,660 CAD (2024) |
| Land Assessment | $191,072 CAD (2024) | Total Assessment | $525,732 CAD (2024) |
PROPERTY TAXES
Parcel Number
01-00116-02-081
Land Assessment
$191,072 CAD (2024)
Improvements Assessment
$334,660 CAD (2024)
Total Assessment
$525,732 CAD (2024)
ZONING
| Zoning Code | HB (Intended to permit business and retail uses of limited size and intensity) |
| HB (Intended to permit business and retail uses of limited size and intensity) |
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950 McEver Rd - Car Wash/Auto Repair Investment Opportunity
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