1529 E Milam Street new

Mexia,TX 76667

$ 725000

- Bed

- Bath

- SqFt


Key Details

Property Type Commercial

Sub Type Business

Listing Status Active

Purchase Type For Sale

MLS Listing ID 20823375

Total Fin. Sqft 2918

Year Built 2013

Annual Tax Amount $6,258

Lot Size 0.910 Acres

Acres 0.91

Property Description

GREAT OPPORTUNITY TO OWN A BUSY CAR WASH ON HIGHWAY 84, MEXIA ACROSS WAL-MART! The Royal Car Wash with it's excellent location and traffic count on Hwy 84 in Mexia is ready for a New Owner. The concrete square footage is 19,940 and sits in a premium location with a Car Lot to the East, Storage Units to the North accessed by an easement, Mexia Pump & Motor to the West and directly across Hwy 84 from Centex Citizens Credit Union and Walk-Mart! Royal Car Wash was built in 2013 and has been well maintained. Royal Car Wash has 3 self serve bays, 1 touch free bay, 1 soft touch (currently needs repair), 6 vacuums with covered parking, extra covered parking, payment machine with Google and Apple pay ability, change machines, dispensing machines, Office with storage and full Bath with Shower and a security camera system. The business can be set up on a monthly membership as well. Seller has current survey from May 2024 showing 0.91 acres. With the acreage and the 19,940 concrete sf, there is room for expansion or to accommodate more bays or even a tunnel that is popular in car washes today.
According to TxDOT the daily traffic count (as of 2023) on Hwy 84 or Milam which runs East & West through the heart of Mexia has 6,943 cars on the East and 12.883 cars on the West of this property. TxDOT is preparing to expand Hwy 84 from 3 lanes to 5 lanes in front of the Royal Car Wash. This will allow traffic to flow better and give more access to the turn lane to allow better egress and ingress.
Mexia is 1½ hour to Dallas or Ft. Worth, 2½ hours to Houston or Austin, and 3½ hours to San Antonio. 93% of the United States population is accessible within 48 hours of Mexia via truck. Mexia truly is the Heart of the Texas Triangle.

Location

State TX

County Limestone

Zoning Commercial

Direction from Mexia travel East on Hwy 84 towards Teague property is on North or left side directly across Hwy 84 or Milam from Citizens Credit Union and WalMart

Interior

Heating Electric

Cooling Electric

Flooring Concrete

Heat Source Electric

Exterior

Utilities Available Cable Available,City Sewer,City Water,Electricity Connected,Overhead Utilities

Roof Type Metal

Garage No

Building

Foundation Slab

Structure Type Block,Concrete

Others

Ownership Patel

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