Address
108 Maple Ave La Junta, CO
Price
$ 575,000
Property Attributes
  • MLS#182994
  • TypeCommercial
  • CountyOTERO
  • CityLa Junta
  • AreaArkansas Valley
  • NeighborhoodLa Junta
  • Zip81050
  • StyleRetail,Warehouse
  • Price$ 575,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage3000
  • Lot Size0.65 Acres
Listing Provided Courtesy Of:
Norm Murphy & Associates
Property Description

A majority of the main description above describes the commercial building leased to the Auto Parts Store. Please call the Listing Broker for more information on this Multiple business opportunity rolled into one property at a reduced price of $575K. This property includes a Car Wash business, Detail Shop, income from a Water Vending Machine business owned by the seller, & income from a Commercial Building Lease. The Car Wash is a turn-key business opportunity which includes 5 bay Self-service: 8 position wash, credit card system by Wash Pay, security cameras, electronic vending, drop shelf vending stations & new awnings in 2019. The 5 self-serve bays use Unitec Wash Pay credit card system, 1 of the 5 is perfect for a large truck bay. There is one Belanger Vector Rapid Touch free automatic car wash (installed in 2006) with a Unitec Wash select auto cashier, 4 vacuum stations & a detail shop. The commercial building is leased to a franchised auto parts store and the seller will pay a percentage of gross income from the water vending machines. This is a great opportunity on a very successful business with a $63,937 NOI realizing close to a 11% Cap Rate! The Seller will consider splitting the property, selling just the car wash and detail shop at a price of $405K; or the commercial building, leased to the Auto parts store, for $170K. Call to see how you can take advantage of this multi-business property. Buyer to verify all information, uses & splits allowed by La Junta.

Price History
10/28/2019 Listed $695,000
2/25/2020 4% - $670,000
8/6/2020 15% - $575,000

General Features

Sub Area La Junta
Type Retail, Warehouse
Year Built 1980

Amenities

  • Foreclosure
  • Views
  • Short Sale
  • New Construction
  • Adult 55+
  • Lease To Own
  • No HOA Fees
  • Furnished
  • Master On Main
  • Air Conditioning
  • Seller Finance
  • Green
  • Fixer Upper
  • Horse
  • Golf
  • Fireplace
  • Deck
  • Garage
  • Basement
  • Pool

Property vs Zip Code Average in 81050

Price
AVG $240K
$580K
Visits
AVG 25
8
Walkscore
AVG 43
53
Data Provided by Walkscore ® not using MLS data

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