1810 Broad St, Huguley, AL 36863

Property Details for 1810 Broad St

Year built

1988

Lot size

0.29 lot acres

Property type

Retail properties & Spaces

Property subtype

Auto shops

Description

This exceptional investment opportunity presents a prime commercial property located at 1810 S Broad Street, Lanett, Alabama, 36863. The 0.29-acre lot features two buildings constructed in 1988, currently housing a profitable, albeit temporarily closed, express carwash and a leased lube shop. The asking price for this turnkey operation is $1,890,000. The carwash is currently closed due to unforeseen circumstances related to the previous owner's family. The existing lease on the lube shop is structured such that the tenant is solely responsible for taxes and utilities. Importantly, this lease agreement will automatically terminate upon the sale of the property, providing the new owner with complete control and flexibility. This presents a unique chance to either relaunch the carwash operation or explore alternative uses for this well-situated property within a thriving commercial area. The property's strategic location in Chambers County, Alabama, offers significant potential for growth and return on investment. The two buildings provide ample space for various commercial ventures, making this a versatile and attractive opportunity for savvy investors seeking a profitable enterprise with significant upside potential. The existing infrastructure and established clientele base of the lube shop provide a solid foundation for future success. This is a rare chance to acquire a substantial commercial property with immediate income potential and significant long-term growth prospects.

Location Insight

City

Huguley

County

Chambers - AL

State

Alabama

Longitude

-85.2515

Latitude

32.8764