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$6,900,000
1367 Highway 70, Lakewood, NJ 08701
0 Beds
0 Baths
n/a SqFt

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Listing Provided By: Coldwell Banker
Fully automated drive-through car wash with a state-of-the-art water reclaim system, four bays for auto detailing, and two bays for oil/lube. Recipient of 2021 CARFAX Top-Rated Service Center Award- with $2,000,000 gross revenue. High Traffic Count in a heavily trafficked Lakewood location. With over 9400 feet of space, 30+ parking spaces, sitting on 1.84 acres of land; there are plenty of opportunities to add value. Plans have been approved by the city to allow for the construction of a hotel right next door which will increase traffic to an already well-traveled corridor on Highway 70. Situated far from the competition and between two major shopping districts. Excellent investment opportunity in this very sought-after asset class. The car wash business is growing every year. In business for 18 years, they have earned the loyalty of very satisfied repeat customers. Zoning allows for the development residential units. ***ALL INFORMATION TO BE VERIFIED BY THE BUYER***
  • Price:
  • $6,900,000
  • Listing ID #:
  • 22011065
  • Street Address:
  • 1367 Highway 70
  • City:
  • Lakewood
  • State:
  • New Jersey
  • Postal Code:
  • 08701
  • County:
  • Ocean
  • Listing Status:
  • Active
  • Listing Type:
  • Commercial
  • Architecture Style:
  • Free Std
  • Style:
  • Retail
  • Property Taxes:
  • $45,010
  • Heating And Air:
  • Central Air, Gas, Multi-Zone
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The amounts for the Tax, Insurance, and HOA are estimates and not actual amounts.

Your Payment
$1,400/mo

Source: CINC

  • Listing Provided By: Coldwell Banker
  • NJMLS