405 Main StCortez, CO 81321

For Sale
$404,500

Profitable Car Wash, High Traffic Area

Overview

Added:
Dec 11, 2024
Days on market:
92
This exceptional car wash opportunity in Cortez, Colorado, is priced at $404,500. Boasting 13,504 square feet on a 0.31-acre lot, the property includes 5 self-service bays and a crucial automatic bay, all built in 1997. The net rentable space is 3,762 square feet, offering a price per square foot of $108. Located at 405 E Main St, 81321, this car wash benefits from approximately 20,000 vehicles passing daily, ensuring high visibility and convenient customer access. Situated in a thriving retail market experiencing near 5% growth since the last census, this business enjoys excellent year-round performance. Furthermore, car washes offer significant tax advantages through accelerated depreciation, potentially allowing for substantial business expense deductions. This presents a compelling investment opportunity in a growing Colorado market. The property's strong location and high traffic volume contribute to its potential for continued success and substantial returns.

Highlights

  • Contact Matthew Schmidt at (602) 609-3523
  • High-traffic location with ±20,000 vehicles per day, ensuring excellent visibility and accessibility.
  • Features 5 self-service bays and an automatic bay, crucial for a successful car wash operation.
  • Excellent location within a thriving retail market, promising consistent year-round business.
  • Cortez, AZ experiencing near 5% growth since the last census, indicating a strong, expanding market.
  • Significant tax advantages available through accelerated depreciation (IRS Code Sections 179 & 168(k)), potentially allowing up to 60% first-year deductions.

Property Details for 405 Main St

Property type
Other specialty properties, Automotive properties
Square Feet
13,504 SF
Year Built
1997
Lot Size (sq. ft)
13,504 SF

Location Insight

City
Cortez
County
Montezuma
State
Colorado
Latitude
37.3483961
Longitude
-108.5795895
405 Main St, Cortez, Colorado
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405 Main St
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