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9105 Martin Way E
Olympia, WA 98516

$4,985,000 USD

Carwash For Sale  •  4,368 SF

Property Details

  • Property Type Carwash
  • Total Building Size 4,368 SF
  • Lot Size 0.85 AC
  • Building Class C
  • Year Built 2004
  • Zoning MHDC
30 Transit Score
50 Walk Score

Highlights

This property benefits from dual income streams with revenue generated from the car wash and a leased espresso shop, enhancing cash flow stability
The property sits on Martin Way E, a major thoroughfare in Lacey, WA benefiting from high visibility and accessibility, drawing significant customer
The wash has 4 SS bays, and two automatics (updated in 2021) ensuring operational efficiency and reduced maintenance costs
The multi-bay configuration offers potential for converting additional self-serve bays to automatics, technological upgrades
The espresso shop lease, under an established coffee brand, BigFoot Java, offers a 5-year initial term with eight 5-year renewal options and 3% annual
Located in a growing Olympia retail corridor with increasing residential and commercial development

Property Flyers

Amenities

  • Signage

Public Transportation

Commuter RailDriveWalkDistance
18 min - 8.3 mi
AirportDriveWalkDistance
Seattle-Tacoma International 60 min - 41.9 mi
Matthew Schmidt 602-609-3523 Matthews Real Estate Investment Services
Matthew Schmidt 602-609-3523 Matthews Real Estate Investment Services