#1 Car Wash

2,000 SF | Retail Building | Santa Maria, CA 93454 | $2,950,000 ($1,475/SF)

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,950,000

Property Type
Retail
Square Feet
2,000 SF
Price / Square Foot
$1,475

Listing Contacts

David Yashar
David Yashar
Verified Profile
Sina Razban-nia
Verified Profile
Omid Saleh
Omid Saleh
Verified Profile
  • Property Info

Property Overview

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.

Property Details

Class
B
Year Built/Renovated
1971/2017
Stories
1
Property Subtype
Freestanding
Lot Size (sq. ft)
13,504 SF

Highlights

  • UNIQUE OPPORTUNITY: FULL SERVE GAS STATION & EXPRESS CAR WASH
  • BUSINESS & REAL ESTATE INCLUDED
  • 8 GAS PUMPS (NO DIESEL); 2 TANKS (REGULAR 1 - 12,000 GAL /SUPER 1 - 6,000 GAL) BOTH LESS THAN 5 YEARS OLD
  • 70FT TUNNEL; CAR WASH EQUIPMENT APPROXIMATELY 5 YEARS OLD
  • HISTORICAL HIGH SPREADS ON GAS SALES.

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