285 LIMA Street S, Baldwin, FL, 32234 | $250,000

Seller is willing to sell business and lease property. Opportunity meets upside at this fully operational self-service car wash located at 285 Lima Street in Baldwin, Florida, just minutes from Interstate 10 and US-301. This is a rare chance to acquire both the real estate and an established, low-maintenance business with strong potential for future appreciation.

The property is designed for passive ownership, requiring minimal day-to-day management while generating consistent income. Recent improvements have modernized the operation, including upgraded equipment, LED lighting, security cameras, automated payment systems, and enhanced customer amenities. The site also features additional fenced outdoor space, creating opportunities for equipment storage, contractor parking, rental income, or future expansion. Beyond the existing cash flow, the real value lies in the property's strategic location. Baldwin continues to experience steady residential and commercial growth as Jacksonville expands westward. Its position along the I-10 corridor, with easy access to US-301 and the First Coast Expressway network, has made the area increasingly attractive for industrial users, logistics companies, distribution facilities, and new housing developments. Population and household growth are projected to continue over the coming years, supporting increased traffic and long-term demand for automotive services. As more businesses, warehouses, and residential communities develop throughout western Duval County, essential service businesses such as self-service car washes are well positioned to benefit from increasing vehicle counts and local consumer demand. Whether you're an investor seeking passive income, a business owner looking to expand your portfolio, or someone searching for a commercial property with significant future redevelopment potential, this property offers an exceptional combination of immediate income, operational simplicity, and long-term appreciation. Properties like this--where you can own both the business and the underlying commercial real estate--are becoming increasingly difficult to find. Take advantage of today's income while investing in tomorrow's growth.

Features

  • Property Type: Business
  • Current Use: Commercial
  • Construction: Block
  • Utilities: Electricity Connected, Sewer Connected, Water Connected
  • Parking: Additional Parking
  • Year Built: 1997
  • Approx Sq. Feet: 1,216
  • Acreage: 0.28
  • Est. Taxes: $1,087
  • Lot Desc: Corner Lot
  • MLS#: 2152479
  • Days on Market: 0 day
  • Website: https://www.raveis.com
    /prop/2152479/285limastreets_baldwin_fl?source=qrflyer
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Melissa CohnRVP, Mortgage Banker, William Raveis Mortgage, LLC

NMLS Mortgage Loan Originator ID 16953

917.838.7300

Melissa.Cohn@raveis.com

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285 LIMA Street S, Baldwin, FL, 32234

$250,000

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 Conforming*
30 Year
Fixed-Rate Conforming
15 Year
Fixed-Rate Conforming
Loan Amount $200,000 $200,000 $200,000
Term 360 months 360 months 180 months
Initial Interest Rate** 5.990% 6.375% 5.625%
Interest Rate based on Index + Margin 8.125%
Annual Percentage Rate 6.370% 6.512% 5.866%
Monthly Tax Payment $91 $91 $91
H/O Insurance Payment $75 $75 $75
Initial Principal & Interest Pmt $1,198 $1,248 $1,647
Total Monthly Payment $1,364 $1,414 $1,813

* 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.