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542 Fir Ave 2,000 SF Specialty Building Offered at $444,548 CAD at a 8% Cap Rate in Reedsport, OR 97467
Investment Highlights
- This is the only car wash within approximately 25 miles
- Property has been maintained with strong curb appeal
- One oversized bay suitable for trucks and boats
- The system includes updated payment options with credit card capability
Executive Summary
Turn key car wash opportunity in the heart of Old Town Reedsport. This is the only car wash within approximately 25 miles, positioned in a high visibility location connecting Highway 38, Florence, and Coos Bay. Situated on a large corner lot, the property features three bays including two standard wash bays and one oversized bay suitable for trucks and boats, along with four vacuum stations. Hoses have been recently replaced, and the property has been maintained with strong curb appeal. The location draws consistent traffic from both locals and visitors heading to the dunes, ocean, and nearby rivers, creating steady demand year round. The system includes updated payment options with credit card capability for ease of use. The lot offers room for future improvements, whether adding a drive through touchless system, a mini mart or keeping the current setup and expanding with an additional use such as detailing. Seller is willing to provide guidance on operations and potential improvements. The size and layout of the lot may also allow for additional small business opportunities. No financial records to provide.
Property Facts
| Price | $444,548 CAD | Building Class | B |
| Price Per SF | $222.27 CAD | Lot Size | 0.21 AC |
| Sale Type | Investment or Owner User | Building Size | 2,000 SF |
| Cap Rate | 8% | No. Stories | 1 |
| Property Type | Specialty | Year Built | 1999 |
| Property Subtype | Car Wash | Opportunity Zone |
Yes
|
| Zoning | COMMERCIAL - General Commercial | ||
| Price | $444,548 CAD |
| Price Per SF | $222.27 CAD |
| Sale Type | Investment or Owner User |
| Cap Rate | 8% |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | B |
| Lot Size | 0.21 AC |
| Building Size | 2,000 SF |
| No. Stories | 1 |
| Year Built | 1999 |
| Opportunity Zone |
Yes |
| Zoning | COMMERCIAL - General Commercial |
Amenities
- Signage
1 1
Fairly walkable
40/100
Exceptionally drivable
100/100
Minimal public transit
10/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | R73550 | Improvements Assessment | $0 CAD |
| Land Assessment | $0 CAD | Total Assessment | $269,296 CAD |
Property Taxes
Parcel Number
R73550
Land Assessment
$0 CAD
Improvements Assessment
$0 CAD
Total Assessment
$269,296 CAD
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542 Fir Ave
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