For Sale
$1,782,004

1022 Main St Blanding, UT 84511

High-return, dual-income retail investment.

Overview

Added:
Dec 11, 2024
Days on market:
135
Exceptional investment opportunity in Blanding, Utah, featuring a thriving car wash and laundromat. This dual-income property boasts a combined 84,071 square feet on a 1.93-acre lot, strategically located on South Main Street for optimal visibility and accessibility. Built in 2022, the two buildings comprise a well-established laundromat with a 4.6-star rating, demonstrating strong customer satisfaction and a stable revenue stream. The accompanying car wash features seven self-serve bays and a touchless automatic system, providing a comprehensive and convenient car cleaning experience. The combined businesses offer diversified income streams, mitigating risk and maximizing profitability. The property's 14.80% cap rate and $1,782,004 asking price present a compelling return on investment. This owner-user opportunity is ideal for an entrepreneur seeking a turnkey operation with significant growth potential in a high-traffic location. The property addresses are 1022 S Main St and 988 S Main St, Blanding, UT 84511, within San Juan County. This retail and special purpose property offers a unique blend of established business and modern amenities, making it a truly exceptional investment prospect.

Highlights

  • High-visibility location on South Main Street, Blanding, UT, offering excellent accessibility and high traffic counts.
  • Established laundromat with a 4.6-star rating, demonstrating strong customer satisfaction and a stable revenue stream.
  • Car wash featuring seven self-serve bays and a touchless automatic system.
  • Dual-income property with diversified revenue streams, mitigating risk and maximizing profitability.

Property Details for 1022 Main St

Property type
Specialty properties, Retail properties
Year Built
2022
Buildings
2
Lot Size (sq. ft)
84,071 SF

Location Insight

City
Blanding
County
San Juan
State
Utah
Latitude
37.6106943
Longitude
-109.4795309

FAQs

What type of property is this?
Specialty property - High-return, dual-income retail investment.
Where is the specialty property located?
The property is located at 1022 Main St Blanding, UT.
What is the asking price?
The asking price for this property is $1,782,004.
What are key features of this property?
This property features: High-visibility location on South Main Street, Blanding, UT, offering excellent accessibility and high traffic counts.; Established laundromat with a 4.6-star rating, demonstrating strong customer satisfaction and a stable revenue stream.; Car wash featuring seven self-serve bays and a touchless automatic system.
How can I contact the broker?
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1022 Main St
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