For Sale
$9,500,000

62 Deane StEllsworth, ME 04605

Three New England Car Washes, High NOI

Overview

Added:
Dec 11, 2024
Days on market:
114
Exceptional investment opportunity: acquire a portfolio of three newly constructed, touchless automatic car washes strategically located in Maine and New Hampshire. This portfolio boasts a strong 11.34% cap rate and a substantial net operating income (NOI) of $1,077,321. The portfolio includes two fully operational locations: a 1,976 square foot facility on 0.66 acres in Ellsworth, Maine (62 Deane St, 04605) and a 1,398 square foot facility on 0.46 acres in Rochester, New Hampshire (45 Gonic Rd, 03839). A third location, a 2,000 square foot facility on 0.48 acres in Keene, New Hampshire (364 West St, 03431), is currently under construction and slated for completion in Summer 2024. All three car washes utilize Washworld Wash Systems, Washsify Entry Unit Packages, and G&G Color Wash Systems, ensuring high-quality and efficient operations. These properties are situated in high-traffic areas, promising significant cash flow growth as they stabilize. The asking price for this exceptional portfolio is $9,500,000. Detailed financial information is available upon execution of a confidentiality agreement. Contact us for further instructions.

Highlights

  • 1,976± SF building on a 0.66± acre lot at 62 Deane Street, Ellsworth, ME.
  • 1,398± SF building on a 0.46± acre lot at 45 Gonic Road, Rochester, NH.
  • 2,000± SF building to be constructed on a 0.48± acre lot at 364 West Street, Keene, NH.
  • All properties include Washworld Wash Systems, Washsify Entry Units, and G&G Color Wash Systems.

Property Details for 62 Deane St

Property type
Specialty properties, Car washes

Location Insight

City
Ellsworth
County
Hancock
State
Maine
Latitude
44.5400003
Longitude
-68.417782
62 Deane St, Ellsworth, Maine

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62 Deane St
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