2598 Dearing Ford Rd Altavista, VA 24517

This established Altavista, VA car wash presents a compelling value-add investment opportunity. Priced at $350,000, this retail property boasts a strong 14.81% cap rate and a net operating income (NOI) of $51,845. Built in 2007, the single-building property sits on a 0.444-acre lot zoned for commercial use. The car wash features two automatic bays and four self-service bays, supported by six pay stations and a change machine. High-Velocity Touch Free Wash World equipment is in place. Benefitting from a long-term clientele base, the business enjoys a strategic location within a shopping center less than a mile from the Altavista Walmart Supercenter and numerous other national retailers, including Taco Bell, Wendy's, and Pizza Hut. Ample parking is available. This property offers significant potential for an owner-user to minimize costs and maximize profits. The property's established presence and prime location within a thriving retail center make it an attractive investment prospect. The 15-year history of the business provides a solid foundation for future growth and profitability.