1112 Ocean Ave Lompoc, CA 93436
- Automotive properties
- 0.15 lot acres
Current Use by Public Records
- Clean & Green Car Wash Self Service / Car Wash
Property Details for 1112 Ocean Ave
- Lot size
- 0.15 lot acres
- Property type
- Automotive properties
- APN
- 085-191-004
- APU
- 85191004
Description
This exceptional investment opportunity features two established self-serve car washes located at 1112 Ocean Avenue and 178 Burton Mesa Blvd in Lompoc, CA. The properties, totaling 1,302 square feet on a combined 0.15-acre lot, are being sold together for $1,400,000. Each car wash boasts three enclosed bays, providing a consistent income stream with minimal operational oversight. Situated on a busy main thoroughfare, these car washes benefit from excellent visibility and high traffic counts, ensuring a steady flow of customers. The existing loyal clientele and strong local demand for car wash services contribute to the profitability of this turnkey operation. Each real estate property is individually valued at $650,000, and each business is valued at $50,000. The seller may consider carrying a note. The properties offer ample potential for growth through the addition of services or upgrades, further enhancing the return on investment. This is a rare chance to acquire a well-established, profitable business with significant upside potential. All information is deemed reliable but not guaranteed
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Lompoc
- County
- Santa Barbara
- State
- California
- Longitude
- -120.444
- Latitude
- 34.6386
- CBSA code
- 42200
- CBSA name
- SANTA MARIA-SANTA BARBARA, CA METROPOLITAN STATISTICAL AREA
