Property summary
This exceptional investment opportunity presents a well-established car wash and laundry business located at 2020 Pecos St, San Angelo, TX 76901. The property encompasses a substantial 69-acre lot and features two buildings totaling 2,340 square feet of net rentable space. Built in 1959 and renovated in 2008, the car wash boasts four self-service bays, each equipped with high-pressure hoses, foaming brushes, and diverse cleaning options. A separate building houses a 24-hour coin-operated laundry facility, providing a consistent revenue stream. This turnkey operation is priced at $400,000 and qualifies for cost segregation tax deductions, enhancing its financial appeal. San Angelo's thriving community, bolstered by Angelo State University and attractions like San Angelo State Park and Fort Concho National Historic Landmark, ensures a robust customer base. The city's steady growth and convenient location near Sunset Mall and downtown San Angelo further contribute to the property's strong investment potential. This is a rare chance to acquire a profitable, established business in a desirable Texas location. The property's size and existing infrastructure offer significant upside potential for expansion or further development. The business benefits from its location in Tom Green County, the county seat of San Angelo, a city with a population of approximately 100,000.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property tax & assessments
Tax year 2024Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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