Commercial Property with Existing Income - C-2 Zoning -
Business Description
Don't miss this opportunity !
COMMERCIAL PROPERTY WITH EXISTING INCOME – C-2 ZONING – REDEVELOPMENT POTENTIAL
Rare opportunity to acquire income-producing commercial real estate strategically located on Walsingham Road in Largo, Florida.
Offered at $1,275,000 with the real estate included, this property provides an attractive combination of existing income, commercial frontage, multiple buildings, and future redevelopment potential.
The property is located within a C-2 General Commercial and Services zoning district, offering flexibility for a wide variety of potential commercial uses, subject to applicable Pinellas County zoning regulations, permitting, site requirements, and approvals.
CURRENT INCOME-PRODUCING IMPROVEMENTS
The property currently generates income from multiple sources:
• Operating 4-bay self-service car wash
• Separate commercial building currently leased to a restaurant
• Additional leased storage space
• Existing garage and service area
• Office space
The existing car wash provides an established business operation while the restaurant tenant and storage space generate additional recurring rental income.
COMMERCIAL LOCATION
Positioned directly on Walsingham Road, the property benefits from excellent visibility and traffic exposure along an established commercial corridor that has experienced continued growth and development.
Traffic counts exceed 12,000 vehicles per day as of 2024.
C-2 COMMERCIAL ZONING
The property's C-2 General Commercial and Services zoning is designed to accommodate a broad range of commercial goods and services.
This creates an opportunity not only for an investor wishing to maintain and expand the existing operations, but also for an owner-user or developer considering alternative commercial uses or future redevelopment.
Potential buyers should independently verify their intended use with Pinellas County and applicable governmental authorities.
VALUE-ADD & REDEVELOPMENT OPPORTUNITY
A new owner may choose to continue operating the property in its current configuration or explore additional opportunities to maximize the site's potential.
The existing car wash itself also offers expansion possibilities, including automatic wash equipment, additional vacuum stations, tire inflation stations, and other ancillary revenue-producing services.
This is much more than the acquisition of a car wash.
It is an opportunity to acquire commercial real estate on a highly visible corridor with existing operations, multiple income streams, C-2 commercial zoning, and long-term redevelopment potential.
Seller financing may be considered for qualified buyers with an ideal down payment of approximately $600,000.
ASKING PRICE: $1,275,000
REAL ESTATE INCLUDED
Non-Disclosure Agreement and Proof of Funds required.
Rare opportunity to acquire income-producing commercial real estate strategically located on Walsingham Road in Largo, Florida.
Offered at $1,275,000 with the real estate included, this property provides an attractive combination of existing income, commercial frontage, multiple buildings, and future redevelopment potential.
The property is located within a C-2 General Commercial and Services zoning district, offering flexibility for a wide variety of potential commercial uses, subject to applicable Pinellas County zoning regulations, permitting, site requirements, and approvals.
CURRENT INCOME-PRODUCING IMPROVEMENTS
The property currently generates income from multiple sources:
• Operating 4-bay self-service car wash
• Separate commercial building currently leased to a restaurant
• Additional leased storage space
• Existing garage and service area
• Office space
The existing car wash provides an established business operation while the restaurant tenant and storage space generate additional recurring rental income.
COMMERCIAL LOCATION
Positioned directly on Walsingham Road, the property benefits from excellent visibility and traffic exposure along an established commercial corridor that has experienced continued growth and development.
Traffic counts exceed 12,000 vehicles per day as of 2024.
C-2 COMMERCIAL ZONING
The property's C-2 General Commercial and Services zoning is designed to accommodate a broad range of commercial goods and services.
This creates an opportunity not only for an investor wishing to maintain and expand the existing operations, but also for an owner-user or developer considering alternative commercial uses or future redevelopment.
Potential buyers should independently verify their intended use with Pinellas County and applicable governmental authorities.
VALUE-ADD & REDEVELOPMENT OPPORTUNITY
A new owner may choose to continue operating the property in its current configuration or explore additional opportunities to maximize the site's potential.
The existing car wash itself also offers expansion possibilities, including automatic wash equipment, additional vacuum stations, tire inflation stations, and other ancillary revenue-producing services.
This is much more than the acquisition of a car wash.
It is an opportunity to acquire commercial real estate on a highly visible corridor with existing operations, multiple income streams, C-2 commercial zoning, and long-term redevelopment potential.
Seller financing may be considered for qualified buyers with an ideal down payment of approximately $600,000.
ASKING PRICE: $1,275,000
REAL ESTATE INCLUDED
Non-Disclosure Agreement and Proof of Funds required.
About the Business
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
Listing Info
- ID
- 2539372
- Listing Views
Listing ID: 2539372 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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