For Sale
$1,782,004

1022 Main StBlanding, UT 84511

High-return, dual-income retail investment.

Overview

Added:
Dec 11, 2024
Days on market:
114
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
1022 Main St, Blanding, Utah

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1022 Main St
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