Listed by Matthews
$1,200,000
Owner/User Car Wash | Redevelopment | Joplin, MO
Details
APN 2024-12-10-3.0-7-20-5-3.0
Property Type Special Purpose, Business for Sale
Sub Type Commercial, Car Wash
Square Footage 7,075
Year Built 2005
Acreage 1.050
Zoning C-3
Investment Type Redevelopment
Ground Lease No
125ft Tunnel | Strong Surrounding Retail | 19,260+ Traffic Count | Redevelopment Opportunity
Investment highlights
- Owner/User Opportunity – Rare opportunity to acquire the building, operating business, and underlying real estate, allowing for full control of operations and long-term strategy.
- Conversion Opportunity – Currently a full-service car wash, the property presents a compelling opportunity to convert to an express exterior model. Existing improvements and established use support a streamlined, cost-effective transition.
- Strong Retail Synergy – Positioned within a dominant retail corridor featuring national tenants such as Target, Chipotle, Ross, Big Lots, Kohl's, Schlotzsky's, PetSmart, Ashley, and Harbor Freight, driving steady consumer traffic to the area.
- Excellent Visibility & Traffic Counts – Prominent frontage along 7th Street with traffic counts exceeding ±19,290 VPD, offering strong exposure within a high-demand retail trade area.
- Attractive Basis – Offered at a competitive price point, allowing investors flexibility to deploy capital for renovations and repositioning while maintaining a favorable cost basis.
- Flexible Zoning & Site Layout – Located on a ±1.05-acre parcel with C-3 zoning and convenient access, supporting a wide range of high-volume retail or service-oriented uses.
- Tax Advantages – Car wash assets may qualify for 100% bonus depreciation and accelerated depreciation, potentially enhancing after-tax returns (buyer to verify with CPA).
Listing Contacts
Listed by Matthews
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