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    1441 Broadway St Eureka, CA 95501

    Sponsored
    For Sale
    $3,400,000

    High-traffic location, established business

    Property size:
    1,872 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    393
    This exceptional investment opportunity presents a well-established auto shop and car wash business located at 1441 Broadway Street, Eureka, CA 95501. The property boasts a prime location on Highway 101, ensuring high visibility and significant traffic volume from both northbound and southbound lanes. The 1,872 square foot building sits on a 0.53-acre lot and offers a unique two-tiered business model, combining a 24/7 self-service car wash with a staffed automated car wash operating from 8 AM to 6 PM daily. The self-service operation minimizes labor costs, while the automated side provides consistent revenue with a small, efficient team. This turnkey operation has been owned and operated by the same group since its inception in 1988, demonstrating its longevity and success within the community. The asking price for this exceptional property and established business is $3,400,000. Detailed financial information and a comprehensive marketing packet are available upon request. This is a rare chance to acquire a profitable, established business with significant growth potential in a desirable location. The property is zoned for commercial use and offers ample space for expansion or modification to suit future business needs. Don't miss this opportunity to own a piece of Eureka's thriving commercial landscape.

    Property Features for 1441 Broadway St

    General Information

    Property type
    Automotive properties
    Square Feet
    1,872 SF
    Lot Size
    23,087 SF
    Property Profile Location Intelligence

    Current Use by Public Records

    Carriage Car Wash Car Wash

    Suggested Use

    Restaurant Dental Office Building Supply Auto Repair Shop Gym & Fitness Wholesale Shop Hotel & Motel Kitchen & Bath Daycare Center Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Eureka
    County
    Humboldt
    State
    California
    Longitude
    -124.1768987
    Latitude
    40.7933122

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    FAQs

    What type of property is this?
    Automotive property - High-traffic location, established business
    Where is this automotive property located?
    The property is located at 1441 Broadway St Eureka, CA.
    What is the asking price?
    The asking price for this property is $3,400,000.
    Request Owner's contact information
    1441 Broadway St Eureka, CA 95501
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    Eureka, CA 95501
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1441 Broadway St Eureka, CA 95501
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