Car Wash Real Estate Development Opportunity

Description:

Strong Underlying Real Estate – 0.67acre site with +/-4,500 SF concrete block building, canopy, and ample stacking/vacuum lanes.
Turnkey, Fully Operational Facility – Modern express tunnel wash with upgraded automation, canopy, and ample stacking and vacuum lanes. Strong Historical Performance – Prior annual revenue exceeding $700,000, supported by consistent year-over-year car counts and loyal clientele. Recurring Membership Base – Over 750 active members, representing roughly one-third of total revenue and providing reliable, predictable cash flow. Attractive SBA-Financed Asset – Opportunity to assume or refinance an existing SBA-backed loan; financing structure supports both owner-operator and investor ownership. Redevelopment Flexibility – CC-2 zoning allows for continued car wash use or repositioning into automotive, retail, or mixed commercial operations. Strong Market Fundamentals – Located in a dense retail and residential corridor near national anchors, driving consistent customer flow and repeat volume. Growth Potential – Opportunities to increase membership penetration toward 65–70%, and introduce higher-margin premium packages.

Steinberg RE Holdings, Inc.
License Number: #BK3614108

Discover the vibrant community surrounding the property in Melbourne, FL. Nestled in the heart of the city, this prime location is surrounded by a host of amenities, including the Melbourne Square Mall, Eastern Florida State College, and several parks like Wickham Park, perfect for leisurely walks or outdoor activities. The area boasts a diverse array of dining options, from local cafes to international cuisine, providing a culinary experience to suit every taste. With its proximity to the scenic Indian River Lagoon and beautiful beaches, the area offers an ideal setting for a Special Purpose/School, combining convenience with a rich and dynamic coastal lifestyle.

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