109 Fox St Ojai, CA 93023
- Car washes
- 0.34 lot acres
Current Use by Public Records
- Car washes
Property Details for 109 Fox St
- Lot size
- 0.34 lot acres
- Property type
- Car washes
- APN
- 023-0-110-500
- APU
- 230110500
Description
This exceptional Ojai, CA commercial property presents a rare opportunity to acquire a thriving, established self-serve car wash business situated on two legal lots totaling approximately 15,000 square feet. Located just one block from Ojai Avenue, this cash-flowing business boasts a decades-long history of profitability and requires minimal owner-operator involvement. The property's significant upside lies in its versatile Village Mixed Use zoning, allowing for a diverse range of residential and commercial development options. The two lots can be developed independently or as a single project, offering considerable flexibility for future expansion or redevelopment. The car wash equipment underwent a substantial upgrade in 2005, ensuring continued operational efficiency. This 0.34-acre property is priced at $775,000. Detailed financial projections are available upon request, providing potential buyers with a comprehensive understanding of the business's strong performance and future growth potential. This is a unique investment opportunity combining immediate income generation with substantial long-term development possibilities in the desirable Ojai market. The property's prime location and flexible zoning make it an attractive proposition for both seasoned investors and those seeking a blend of established business and future development potential.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Ojai
- County
- Ventura
- State
- California
- Longitude
- -119.242
- Latitude
- 34.4473
- CBSA code
- 37100
- CBSA name
- OXNARD-THOUSAND OAKS-VENTURA, CA METROPOLITAN STATISTICAL AREA
