4672 Pa-51Monessen, PA 15012

Property Details for 4672 Pa-51

Year built

2001

Lot size

2.73 AC

Property size (Sq ft)

6,921 SF

Property type

Specialty properties

Property subtype

Car washes

Description

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.

Location Insight

City

Monessen

County

Westmoreland

State

Pennsylvania

Latitude

40.1848

Longitude

-79.8143

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