For Sale
$3,200,000

4672 Pa-51Monessen, PA 15012

High-Return Car Wash Investment

Overview

Added:
Dec 11, 2024
Days on market:
113
This exceptional car wash, located at 4672 State Route 51 in Belle Vernon, Pennsylvania (zip code 15012), presents a lucrative investment opportunity. Boasting 6,921 square feet on a 2.73-acre lot, this multi-tenancy property features a full-service car wash center with a detailing bay. Built in 2001 and extensively renovated in 2009 and 2023, the facility includes a recently upgraded Bellinger tunnel system, new touchless automatic bay, and a new water recycling system. The property also benefits from a 20,000-gallon underground holding tank, new compressors, and updated electrical and mechanical systems. Recent improvements also include a refinished parking lot and new Hamilton pay stations. The property is zoned B-2, Retail Business District, and offers a strong net operating income (NOI) of $358,804, resulting in an attractive 11.21% capitalization rate. The asking price is $3,200,000, translating to $505.71 per square foot. This turnkey operation is ready for immediate income generation and offers significant potential for future growth. The property's prime location on State Route 51 in Westmoreland County ensures high visibility and convenient access for customers.

Highlights

  • State-of-the-art tunnel wash equipment installed.
  • New touchless, in-bay automatic car wash system.
  • Newly constructed detailing bays available.
  • Modern water recycling system implemented.
  • Parking lot recently resurfaced (2023).
  • Complete mechanical system upgrade (2022).

Property Details for 4672 Pa-51

Property type
Specialty properties, Car washes
Square Feet
6,921 SF
Year Built/Renovated
2001/2009
Lot Size (sq. ft)
118,919 SF

Location Insight

City
Monessen
County
Westmoreland
State
Pennsylvania
Latitude
40.1847541
Longitude
-79.8143096
4672 Pa-51, Monessen, Pennsylvania

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?
Please email our support team at [email protected] and they will add the team member.
How do I access a private listing?
Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.
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.
How do I unsubscribe from emails?
At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].
4672 Pa-51
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message