1125 Lincoln HwyNorth Versailles, PA 15137

Property Details for 1125 Lincoln Hwy

Year built

1937

Lot size

0.37 AC

Property type

Retail properties

Property subtype

Other car washes

APN

547-S-20

APU

547S20

Description

This exceptional investment opportunity presents a well-established car wash located at 1125 Lincoln Hwy, North Versailles, PA 15137. The property boasts a substantial 4,480 square feet situated on a generous 16,125 square foot lot. The single-story building, renovated in 2014, sits within a high-traffic area, benefiting from proximity to numerous residential properties and popular fast-food establishments such as Dairy Queen and Dunkin Donuts. The property is zoned MU and offers significant potential for continued success. The asking price is $849,000, translating to $189.51 per square foot. This fee-simple ownership opportunity represents a compelling investment in a proven, profitable business model. The Allegheny County location and convenient highway access ensure high visibility and accessibility for customers. The property's strong performance history and prime location make it an ideal acquisition for an investor seeking a stable and lucrative addition to their portfolio. The APN is 547-S-00020. This is a turnkey operation ready for a new owner to step in and continue its success. Don't miss this chance to acquire a thriving car wash business in a desirable location.

• CAP approach

  CAP return

  Valuation

  6%

  $5,641,736

  6.5%

  $5,207,756

  7%

  $4,835,774

• Comparable approach

  Method

  Valuation

  Relative Method

  $8,124,562

  Geo Method

  $8,124,562

• Alternative Use

  Use

  Valuation

  Residential

  $4,392,937

  Hospitality

  $4,023,906

  Educational

  $3,347,843

  Medical

  $3,462,980

  Retail

  $5,207,756

Location Insight

City

North Versailles

County

Allegheny

State

Pennsylvania

Latitude

40.3776

Longitude

-79.8009

CBSA code

38300

CBSA name

PITTSBURGH, PA METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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