Description
Income Investment Opportunity! Bellaire Laundry & Car Wash consists of a 6,000 SF commercial strip mall with two 1,250 SF fully-leased retail units, 2,700 SF laundromat, 1,900 SF (3-bay) car wash and 448 SF equipment garage, 1,700 SF 3 bed/1.5 bath house on 12.9 acres - all zoned commercial.Laundromat is equipped with 26 washers, 25 tumblers, soap vending, and high security change machine. Credit card payment available on all washers, tumblers, and at the touchless car wash kiosk.Car wash is equipped with 2 self-serve bays, 1 touchless bay, 2 vacuums in concrete stand, car care vending center, and 2 high security change machines. Well-maintained equipment combined with net operating returns from this revenue stream effectuate optimal success. Revenues continue on an upwardtrajectory and expenses on a downward path as a result of business model changes. Long-term, 100% tenancy since October 2019.
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0BEDS
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0.85ACRES
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4BATHS
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01/2 BATHS
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8,700SQFT
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$167$/SQFT
Description
Income Investment Opportunity! Bellaire Laundry & Car Wash consists of a 6,000 SF commercial strip mall with two 1,250 SF fully-leased retail units, 2,700 SF laundromat, 1,900 SF (3-bay) car wash and 448 SF equipment garage, 1,700 SF 3 bed/1.5 bath house on 12.9 acres - all zoned commercial.Laundromat is equipped with 26 washers, 25 tumblers, soap vending, and high security change machine. Credit card payment available on all washers, tumblers, and at the touchless car wash kiosk.Car wash is equipped with 2 self-serve bays, 1 touchless bay, 2 vacuums in concrete stand, car care vending center, and 2 high security change machines. Well-maintained equipment combined with net operating returns from this revenue stream effectuate optimal success. Revenues continue on an upwardtrajectory and expenses on a downward path as a result of business model changes. Long-term, 100% tenancy since October 2019.