Active

4620 Post Street

El Dorado Hills CA, 95762

$8,500,000


$1,280.12 per sqft

Active

6,640 sqft

Commercial

Built in 2005

Listed by Kelly Rivett with Cornish & Carey Commercial 916-569-2385

An opportunity to acquire Suds Car Wash & Detail, a Class-A full-service automobile cleaning and detailing facility located in the highly desirable community of El Dorado Hills, Ca., and nestled within the the upscale lifestyle center of El Dorado Hills Town Center. With high barriers to entry and the only provider of these services in this county, the nearest wash competitor is located +/-10 miles away in Cameron Park and +/-8 miles in Folsom. This location further benefits from being the most densely populated region of El Dorado County, with 44,000 residents who, on an average, possess higher educational qualifications and an average annual household income of $198,874. With a 2024 annualized acquisition Cap Rate of 8.7%, this purchase allows the investor/operator a fee simple, turn-key car wash & detail operation with long term employees on hand and existing income in place. Car washes with on-site detail like Suds are highly sought-after investment opportunities, particularly in California's climate, which is conducive to maintaining the ever increasing high-end vehicles on the road. Drive-by or customer wash tours only! Please do not discuss with employees.

ML81979981

MLS ID

September 11, 2024

Listed

September 17, 2024

Updated

Map

4620 Post Street
El Dorado Hills CA, 95762

Interior Features

Total Stories

1


Fireplace

No


Cooling

Yes


Cooling Description

Central Air


Heating

Yes


Heating Description

Central

Exterior/Building Features

Lot Size

0.92 Acres


Roof

Elastomeric

Other Property Details

Area Name

699 - Not Defined


Taxes

$95,000


Tax Frequency

Annually


Garage

No


Parking Total

12


View

No


County

El Dorado


Water Source

Public


Pool

No


Zoning

CG

Listing Contact: 4087279600 

Based on information from the California Regional Multiple Listing Service (CRMLS) as of 9/17/2024. This information is for your personal, non-commercial use and may not be used for any purpose other than to identify prospective properties you may be interested in purchasing. Display of MLS data is usually deemed reliable but is NOT guaranteed accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and should investigate the data themselves or retain appropriate professionals. Information from sources other than the Listing Agent may have been included in the MLS data. Unless otherwise specified in writing, the Broker/Agent has not and will not verify any information obtained from other sources. The Broker/Agent providing the information contained herein may or may not have been the Listing and/or Selling Agent. Property locations as displayed on any map are best approximations only and exact locations should be independently verified. Any offer of compensation is made only to participants of the MLS where the listing is filed.

©2024 California Regional Multiple Listing Service (CRMLS) all rights reserved.

Data last updated on 9/17/2024 at 6:24 PM UTC

 

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