507 W 2nd St La Junta, CO
$ 405,000
Property Attributes
  • MLS#184709
  • TypeCommercial
  • CountyOTERO
  • CityLa Junta
  • AreaArkansas Valley
  • NeighborhoodLa Junta
  • Zip81050
  • StyleRetail,Warehouse
  • Price$ 405,000
  • Bedrooms0
  • Full Bathrooms0
  • Half Bathrooms0
  • Sqr Footage1872
  • Lot Size0.45 Acres
Listing Provided Courtesy Of:
Norm Murphy & Associates
Property Description

The described property includes a Car Wash business, Detail Shop and income from a Water Vending Machine business owned by the seller. 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 and new awnings 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 and a detail shop. 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 $44,137 NOI realizing close to a 11% Cap Rate overall! The Seller consider including the property located at 600 W 1st., a commercial building leased to a franchised Auto Parts Store with close to a 10% Cap Rate. The combined price is $575K including said commercial building. Buyer to verify all information, uses and splits allowed by the City of La Junta

Price History
2/26/2020 Listed $475,000
8/6/2020 15% - $405,000

General Features

Public Remarks The described property includes a Car Wash business
Sub Area La Junta
Type Retail, Warehouse, See Remarks
Year Built 1980


  • 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

AVG $240K
AVG 25
AVG 43
Data Provided by Walkscore ® not using MLS data

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