37.987667 -103.551056

600 W 1st St La Junta, CO 81050

263884812 37.987667 -103.551056 2102 /listing/263884812-150613837/600-w-1st-st-la-junta-co-81050 False 0 195000.0 101 184705 False
  • $195,000
  • 0.65 lot
  • Est payment $1046.8/mo

Property & Neighborhood Info

Courtesy Of Tom Brann, Norm Murphy & Associates

Commercial in La Junta

This commercial building has been leased to a franchised auto parts store for many years with close to a 9% Cap Rate. The described property can be purchased as described or you can include the Car Wash located to the South and SE. The combined price is $670K which includes a Car Wash business, Detail Shop, income from a Water Vending Machine business owned by the seller, and income from said Commercial Building Lease. 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 $63,937 NOI realizing close to a 9.60% Cap Rate overall! The Seller will consider splitting the property, selling just the car wash and detail shop at a price of $475K. Buyer to verify all information, uses and splits allowed by the City of La Junta.

Courtesy Of Tom Brann, Norm Murphy & Associates
  1. 0.65 Lot

Main Features

  • Listing Status: Active
  • Year Built: 1980
  • School District: LJ
  • County: Otero County
  • Tax Year: 2019
  • Zoning: C-1
  • Subdivision: La Junta
  • MLS Number:184705

Additional Features

  • Building Description:
    • Single Story
  • Building Square Feet:
    • 3000
  • Business Type:
    • Retail
    • Warehouse
  • Water Rights:
    • 0
  • Lease Includes:
    • Building & Land
  • Lease Terms:
    • Gross
    • Month to Month
  • Sale Includes:
    • Building & Land
  • Total Acres:
    • 0.65
Neighborhood info courtesy of Homes.com © 2020

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37.987667 -103.551056

600 W 1st St La Junta, CO 81050

263884812 37.987667 -103.551056 2102 /listing/263884812-150613837/600-w-1st-st-la-junta-co-81050 False 0 195000.0 101 184705 False
  • $195,000
  • 0.65 lot
  • Est payment $1046.8/mo