11235 Old Ml RdMount Washington, KY 40047

For Sale
$2,200,000

Profitable Car Wash Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
91
This exceptional car wash, located at 11235 Old Mill Rd, Mount Washington, KY 40047, boasts 2,805 square feet on a 1.155-acre lot zoned B-2. Built in 2023 and situated in a high-traffic retail area near major retailers like Kroger, McDonald's, and Walgreens, this property presents a unique investment opportunity. While currently cash flow negative, its prime location and recent construction offer significant potential for revenue growth under experienced management. The sale price is $2,200,000, and financial details are available upon request. Note that an adjacent single-family home (1,100+ sq ft) is available for separate purchase at $500,000, or potentially as a package deal. The car wash's current manager occupies this home at below-market rent. This property is a strong contender for investors seeking to capitalize on a well-located, recently constructed car wash with high upside potential. The property's strategic placement within a thriving retail corridor, coupled with its relatively new construction, positions it for immediate success with the right operational strategy. Serious inquiries are encouraged to explore this promising investment opportunity further.

Highlights

  • $2,200,000 asking price for this special purpose property.
  • 2,805 square feet on a 1.155-acre lot.
  • Located at 11235 Old Mill Rd, Mount Washington, KY 40047, in a high-traffic retail area near major retailers and schools.
  • B-2 zoning.
  • Less than one year old, with Certificate of Occupancy issued October 2023.
  • Currently cash flow negative, offering potential for revenue growth under experienced ownership.

Property Details for 11235 Old Ml Rd

Property type
Other specialty properties, Automotive properties
Square Feet
2,805 SF
Lot Size (sq. ft)
50,312 SF

Location Insight

City
Mount Washington
County
Bullitt
State
Kentucky
Latitude
38.053481166103
Longitude
-85.533622981616
11235 Old Ml Rd, Mount Washington, Kentucky

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
11235 Old Ml Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message