For Sale
$720,000

195 Robert Stone WayReedsville, WV 26547

Profitable WV Car Wash, High ROI

Overview

Added:
Dec 11, 2024
Days on market:
115
This established car wash business in Reedsville, West Virginia, presents a compelling investment opportunity. Located at 195 N Robert Stone Way, this Class A property boasts a 12.04% cap rate and a strong NOI of $86,663. The 0.29-acre lot features a single-story, 1997-built building with a metal roof, ensuring long-term durability. Recent upgrades include a new Belanger's cube soft-touch equipment and in-bay automatic rollover system (2022), paving and seal coating (2023), a new exterior security vault door (2021), upgraded electrical service and new lighting (2021), and new automated air dryers and pumps (2023). The property also benefits from heated concrete in the outdoor area and heated hand bay for year-round operation. Its prime location at a four-way intersection near local banks, Dairy Queen, and Dollar General ensures high visibility and consistent customer traffic. The property is zoned for Neighborhood Mix Use. This well-maintained and updated business offers significant revenue potential and is ready for a new owner. The automated car wash system was installed in 2005. Financial records are available upon request. This is a turnkey operation with a proven track record of success.

Highlights

  • Profitable car wash business in Reedsville, WV, situated near major businesses.
  • Features a high-performance Belanger's cube soft touch automatic system (2022 installation).
  • Recent property improvements include paving and sealcoating (2023), a metal roof, and a new security vault door (2021).
  • Significant upgrades in 2021 included exterior/interior lighting and electrical service.
  • Recent additions (2023) include automated air dryers, two new pumps, and heated concrete in the outdoor and hand bay areas.

Property Details for 195 Robert Stone Way

Property type
Class
A
Year Built
1997
Buildings
1
Stories
1
Lot Size (sq. ft)
12,632 SF
Units
1

Location Insight

City
Reedsville
County
Preston
State
West Virginia
Latitude
39.5134091
Longitude
-79.7985069
195 Robert Stone Way, Reedsville, West Virginia

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195 Robert Stone Way
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