1022 Main StBlanding, UT 84511

Property Details for 1022 Main St

Year built

2022

Lot size

0.92 AC

Property size (Sq ft)

3,519 SF

Property type

Commercial real estate

APN

B36220347209

APU

B36220347209

Description

Exceptional investment opportunity in Blanding, Utah, featuring a thriving car wash and laundromat. This dual-income property boasts a combined 84,071 square feet on a 1.93-acre lot, strategically located on South Main Street for optimal visibility and accessibility. Built in 2022, the two buildings comprise a well-established laundromat with a 4.6-star rating, demonstrating strong customer satisfaction and a stable revenue stream. The accompanying car wash features seven self-serve bays and a touchless automatic system, providing a comprehensive and convenient car cleaning experience. The combined businesses offer diversified income streams, mitigating risk and maximizing profitability. The property's 14.80% cap rate and $1,782,004 asking price present a compelling return on investment. This owner-user opportunity is ideal for an entrepreneur seeking a turnkey operation with significant growth potential in a high-traffic location. The property addresses are 1022 S Main St and 988 S Main St, Blanding, UT 84511, within San Juan County. This retail and special purpose property offers a unique blend of established business and modern amenities, making it a truly exceptional investment prospect.

• Alternative Use

  Use

  Valuation

  Residential

  $645,727

  Hospitality

  $591,482

  Educational

  $492,106

  Medical

  $509,030

  Retail

  $765,498

Location Insight

City

Blanding

County

San Juan

State

Utah

Latitude

37.611

Longitude

-109.48

Property Tax & Assessments

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