Lakeside Auto Repair Opportunity | ± 1.69 Acres
Lakeside Car Wash/Auto Repair Investment Opportunity | ±1.69 Acres
Marketing description
Bull Realty is pleased to present this well-established tire 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 $1,600,000.
Please note that the car wash tunnel is somewhat operational but not a significant part of the property’s income as it needs to be updated and many components replaced. The asking price reflects the value of the property with this consideration.
Investment highlights
± 4,295 SF car wash/auto center
FF&E included for owner/user
3 drive-thru service bays
1 car wash tunnel with upgraded equipment
Freestanding detail building
Covered vacuum station
Located across from Publix-anchored shopping center
Furnished lobby/waiting area for guests
22,297 VPD on McEver Road
Recent Phase 1: No contamination
2024 appraised value = $3,000,000
New survey
Also available for lease at $15,000/Month NNN
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