2518 S French AVENUE, Sanford, FL, 32773 | $1,595,000

Highly profitable self-service car wash (Business and Real Estate).
2 automatic drive-through car wash bays.
plus 5 self-service car wash bays (one bay currently operates as a dog wash).
0. 75 acres - GC2 Zoning -Located within the city of Sanford.
Originally Built in 2008, Renovated in 2022.
3, 440 sq ft -Solid Concrete Block Construction
Monument Signage on 17-92 (French Ave)
The site is open 24/7 with multiple income generators including; various methods of car washes, vacuums, dog wash station, and vending service. The site is also unmanned allowing customers to wash their own vehicles and affording the owner minimal labor cost. Currently, there are two part-time contracted labor staff who assist with equipment maintenance and housekeeping/cleanliness of the property. The site has two in-bay automatic washes where one of them uses soft friction bristles to provide a detailed wash and the other provides a no-touch wash with the utilization of high-pressure water and environmentally friendly chemicals. The latter is popular with those wanting to wash classic and high-value vehicles. Both automatic washes are popular with low-profile vehicles that can not use the express tunnel conveyor belts. Both accept coins, cash, and credit cards. Additionally, the site has four self-service bays that offer high-pressure rinse, wax, soap, and tire cleaning options. Two of these four self-serve bays have upgraded blow dryers installed, allowing customers to dry the car after washing. All four self-serve bays accept coins, cash, and credit cards. the fifth self-serve bay is equipped as a dog/pet washing station where customers can wash their pets with gentle shampoo, conditioner, and temperature-controlled water. The station also provides a blow dryer and sanitizing of the machine after each use. this dog/pet washing equipment has very recently been placed in usage. Customers have received it well and it has become an additional revenue generator. The property also includes 6 paid vacuums for interior cleaning, a change machine, and a vending machine that dispenses car detailing products that are purchased wholesale and sold individually.

Features

  • Property Type: Retail
  • Construction: Block
  • Cooling: None
  • Year Built: 2008
  • Approx Sq. Feet: 3,228
  • Acreage: 0.75
  • Est. Taxes: $10,168
  • MLS#: O6257450
  • Days on Market: 20 days
  • Website: https://www.raveis.com
    /prop/O6257450/2518sfrenchavenue_sanford_fl?source=qrflyer
This information is deemed reliable, but not guaranteed. The data relating to real estate displayed on this Site comes in part from the IDX Program of MFRMLS (My Florida Regional MLS DBA Stellar MLS). The information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. (last updated 12/22/2024 6:22:26 AM)
Listing courtesy of SLOANE REALTY, LLC   Phone: 407-829-2418

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NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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2518 S French AVENUE, Sanford, FL, 32773

$1,595,000

Customer Service

William Raveis Real Estate

Phone: 888.699.8876

Contact@raveis.com

Melissa Cohn

RVP, Mortgage Banker

William Raveis Mortgage, LLC

Phone: 917.838.7300

Melissa.Cohn@raveis.com

NMLS Mortgage Loan Originator ID 16953

5/6 (30 Yr)
Adjustable Rate Jumbo*
30 Year
Fixed-Rate Jumbo
15 Year
Fixed-Rate Jumbo
Loan Amount $1,276,000 $1,276,000 $1,276,000
Term 360 months 360 months 180 months
Initial Interest Rate** 6.750% 6.625% 6.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 7.620% 6.735% 6.806%
Monthly Tax Payment $847 $847 $847
H/O Insurance Payment $125 $125 $125
Initial Principal & Interest Pmt $8,276 $8,170 $11,203
Total Monthly Payment $9,248 $9,142 $12,175

* The Initial Interest Rate and Initial Principal & Interest Payment are fixed for the first and adjust every six months thereafter for the remainder of the loan term. The Interest Rate and annual percentage rate may increase after consummation. The Index for this product is the SOFR. The margin for this adjustable rate mortgage may vary with your unique credit history, and terms of your loan.

** Mortgage Rates are subject to change, loan amount and product restrictions and may not be available for your specific transaction at commitment or closing. Rates, and the margin for adjustable rate mortgages [if applicable], are subject to change without prior notice.

The rates and Annual Percentage Rate (APR) cited above may be only samples for the purpose of calculating payments and are based upon the following assumptions: minimum credit score of 740, 20% down payment (e.g. $20,000 down on a $100,000 purchase price), $1,950 in finance charges, and 30 days prepaid interest, 1 point, 30 day rate lock. The rates and APR will vary depending upon your unique credit history and the terms of your loan, e.g. the actual down payment percentages, points and fees for your transaction. Property taxes and homeowner's insurance are estimates and subject to change.