Property Details

311 Van Giesen St

Richland, WA 99354

$1,400,000

Available

CBA# 713257 courtesy of CBA Listing firm: Kiemle Hagood

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Commercial

Property Type

3,390

Bldg Sq Ft

6.00%

Cap Rate

1992

Year Built

Property Overview

Income-Producing Car Wash in Downtown Richland.Van Giesen Car Wash is a well-located, income-producing investment featuring five self-service bays and one drive-through automatic bay located in a dense, infill downtown Richland location surrounded by multifamily and apartments with limited competition. The property benefits from low maintenance concrete block construction, minimal landscaping, and remote security and monitoring systems.The car wash has a proven operating history and consistent cash flow, supported by a mix of residential and commercial customers and efficient, easy- to-manage operations. An attractive opportunity for investors seeking a stable investment with long-term demand drivers in the desirable Tri-Cities market.