508 Palestine St Athens, TX 75751
- Car washes
- 2,436 SF
- 0.51 lot acres
Current Use by Public Records
- Car washes
Property Details for 508 Palestine St
- Year built
- 1980
- Lot size
- 0.51 lot acres
- Property size
- 2,436 SF
- Property type
- Car washes
- APN
- 2050-0066-011C-01
- APU
- 20500066011C01
Description
This exceptional investment opportunity presents a well-established car wash situated on Highway 19 South in Athens, Texas. Boasting approximately 208 feet of highway frontage, this property benefits from one of the highest traffic counts in the city, ensuring consistent customer flow. The car wash itself comprises six wash bays and six vacuum bays, fully equipped with amenities such as vacuum cleaners, shampoo dispensers, air fresheners, vending machines, and two cash-change machines. Adding to the property's income stream is a monthly lease agreement with a Twice The Ice kiosk located on the property's corner, and an annual lease for a billboard. The property also features an advanced 8-camera surveillance system for enhanced security. The building encompasses 100 square feet on a sizable 0.8-acre lot. The seller is open to a triple-net lease arrangement, with lease terms negotiable. This turnkey operation offers a compelling investment prospect for those seeking a profitable and established business in a high-traffic location. The property's strong revenue streams, coupled with its prime location and comprehensive amenities, make it an attractive option for both owner-operators and investors. Serious inquiries are encouraged to explore this lucrative opportunity further. The asking price is $199,000.
Value Estimation
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Athens
- County
- Henderson
- State
- Texas
- Longitude
- -95.8541
- Latitude
- 32.1974
- CBSA code
- 11980
- CBSA name
- ATHENS, TX MICROPOLITAN STATISTICAL AREA
