For Sale
$395,000

425 Main St Wytheville, VA 24382

Profitable Car Wash, High Visibility, VA

Overview

Added:
Dec 11, 2024
Days on market:
134
Exceptional investment opportunity: a fully operational car wash in Wytheville, Virginia. This established business, located at 425 E Main St, boasts a prime location with high visibility and convenient access, ensuring consistent customer traffic. The 2,400 square foot facility, built in 1970, sits on a 0.59-acre lot and is zoned B2 DT. The car wash features two automatic bays, two self-service bays, a dedicated dog wash area, and four vacuum stations, providing a comprehensive range of services. All equipment and facilities are included in the sale. The property offers a strong return on investment, with a current NOI of $40,557 and a 10.27% cap rate. The asking price is $395,000, translating to $164.58 per square foot. This single-story building presents a rare opportunity to acquire a successful, established business with significant growth potential. The property's Main Street frontage ensures maximum exposure to potential customers. Buyer is responsible for verifying all information.

Highlights

  • Fully operational car wash in prime Wytheville, VA location (425 E Main St).
  • 2,400 sq ft building on a 0.59-acre lot, zoned B2 DT.
  • Features two automatic bays, two self-service bays, dog wash, and four vacuums.
  • Strong ROI: $395,000 asking price, $40,557 NOI, 10.27% cap rate, $164.58/sq ft.
  • All equipment included.

Property Details for 425 Main St

Property type
Specialty properties, Car washes
Square Feet
2,400 SF
Year Built
1970
Buildings
1
Stories
1
Lot Size (sq. ft)
25,700 SF

Location Insight

City
Wytheville
County
Wythe
State
Virginia
Latitude
36.9519256
Longitude
-81.0799715

FAQs

What type of property is this?
Specialty property - Profitable Car Wash, High Visibility, VA
Where is the specialty property located?
The property is located at 425 Main St Wytheville, VA.
What is the asking price?
The asking price for this property is $395,000.
What are key features of this property?
This property features: Fully operational car wash in prime Wytheville, VA location (425 E Main St).; 2,400 sq ft building on a 0.59-acre lot, zoned B2 DT.; Features two automatic bays, two self-service bays, dog wash, and four vacuums.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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425 Main St
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