1901 S Broadway - Freestanding FOR SALE


Santa Maria, CA 93454
$2,795,000 USD
310-710-5626
1901 S Broadway, Santa Maria, CA for Sale
$2,795,000 USD
Freestanding - FOR SALE
1/6
null | Request Cap Rate

1901 S Broadway
Santa Maria, CA 93454


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.

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.

FOR SALE DETAILS

PRICE

$2,795,000 USD

PRICE/SF

$1,398 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

#1 Car Wash

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1971

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.31 AC

LAND SF

13,503 SF

ZONING

C-2

APN/PARCEL ID

117-500-009

ASK ABOUT THIS PROPERTY

David YasharKW Commercial SoCalMore Info
310-710-5626

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David YasharKW Commercial SoCalMore Info
310-710-5626

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.