Listed by HedgeStone Commercial
$1,475,000
Pit Stop Express Car Wash / RE Development Opportunity
Details
Property Type Special Purpose
Sub Type Car Wash
Square Footage 4,500
Price per SqFt $328
Acreage 0.670
Zoning CC-2
Ownership Owner-operator& investor
Special Purpose | 4,500 SqFt
Marketing description
Strong Underlying Real Estate – 0.67acre site with +/-4,500 SF concrete block building, canopy, and ample stacking/vacuum lanes. Turnkey, Fully Operational Facility – Modern express tunnel wash with upgraded automation, canopy, and ample stacking and vacuum lanes. Strong Historical Performance – Prior annual revenue exceeding $700,000, supported by consistent year-over-year car counts and loyal clientele. Recurring Membership Base – Over 750 active members, representing roughly one-third of total revenue and providing reliable, predictable cash flow. Attractive SBA-Financed Asset – Opportunity to assume or refinance an existing SBA-backed loan; financing structure supports both owner-operator and investor ownership. Redevelopment Flexibility – CC-2 zoning allows for continued car wash use or repositioning into automotive, retail, or mixed commercial operations. Strong Market Fundamentals – Located in a dense retail and residential corridor near national anchors, driving consistent customer flow and repeat volume. Growth Potential – Opportunities to increase membership penetration toward 65–70%, and introduce higher-margin premium packages.
Rare dual-value investment: a thriving express tunnel car wash operation paired with strategically positioned waterfront real estate on US Highway 1. This turnkey asset combines consistent operational cash flow with exceptional long-term appreciation potential in one of Florida's most dynamic commercial corridors.
Location Description:
Discover the vibrant community surrounding the property in Melbourne, FL. Nestled in the heart of the city, this prime location is surrounded by a host of amenities, including the Melbourne Square Mall, Eastern Florida State College, and several parks like Wickham Park, perfect for leisurely walks or outdoor activities. The area boasts a diverse array of dining options, from local cafes to international cuisine, providing a culinary experience to suit every taste. With its proximity to the scenic Indian River Lagoon and beautiful beaches, the area offers an ideal setting for a Special Purpose/School, combining convenience with a rich and dynamic coastal lifestyle.
Investment highlights
- Strong Underlying Real Estate – 0.67± acre site with 4,509 SF concrete block building, canopy, and ample stacking/vacuum lanes.
- Turnkey, Fully Operational Facility – Modern express tunnel wash with upgraded automation, canopy, and ample stacking and vacuum lanes.
- Strong Historical Performance – Prior annual revenue exceeding $700,000, supported by consistent year-over-year car counts and loyal clientele.
- Recurring Membership Base – Over 750 active members, representing roughly one-third of total revenue and providing reliable, predictable cash flow.
- Attractive SBA-Financed Asset – Opportunity to assume or refinance an existing SBA-backed loan; financing structure supports both owner-operator and investor ownership.
- Redevelopment Flexibility – CC-2 zoning allows for continued car wash use or repositioning into automotive, retail, or mixed commercial operations.
- Strong Market Fundamentals – Located in a dense retail and residential corridor near national anchors, driving consistent customer flow and repeat volume.
- Growth Potential – Opportunities to increase membership penetration toward 65–70%, and introduce higher-margin premium packages.
- Gross Revenue: $500,000
- Building Class: C
- This rare offering combines operational excellence with strategic real estate positioning. Whether pursuing operational improvements, membership growth, or long-term hold for appreciation, the Melbourne car wash represents a compelling value proposition with multiple paths to enhanced returns.
- High-Visibility US-1 Frontage Outstanding exposure along Melbourne's busiest commercial corridor, capturing steady commuter and local traffic flow throughout the day.
- Rare Waterfront Parcel Direct water views and long-term appreciation potential in a constrained corridor where waterfront commercial sites rarely become available.
- Substantial Property Assets 0.67± acre site featuring a 4,509 SF concrete block building, protective canopy, and strategically designed stacking and vacuum lanes.
Listing Contacts
Listed by HedgeStone Commercial
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