425 Main StWytheville, VA 24382

Property Details for 425 Main St

Year built

1970

Construction

CONCRETE BLOCKS

Lot size

0.63 AC

Property size (Sq ft)

2,400 SF

Property type

Other commercial real estate

APN

041A-001-0067-0004

APU

041A00100670004

Description

This exceptional commercial property, located at 425 E Main Street in Wytheville, Virginia, presents a lucrative investment opportunity. The fully operational car wash boasts a prime location offering high visibility and convenient access for customers. Spanning 2,400 square feet on a 0.59-acre lot, the property includes two automatic car wash bays, ensuring efficient service and high throughput. Adding to its appeal are two self-service bays, catering to customers seeking greater control over their vehicle cleaning. Further enhancing the customer experience is a dedicated dog wash area, a growing amenity in the car wash industry. Four vacuum stations provide additional revenue streams and complete the customer service offering. The property benefits from significant road frontage on Main Street, maximizing visibility and accessibility. Financial records indicate an Earnings Before Interest and Taxes (EBIT) of $40,557 for 2023, demonstrating the property's strong earning potential. All equipment and facilities are included in the sale, allowing for immediate operation and continued revenue generation. The buyer is responsible for verifying all information provided. This turnkey operation is ready for a new owner to step in and continue its success. The asking price for this exceptional commercial property is $395,000.

• Alternative Use

  Use

  Valuation

  Residential

  $301,387

  Hospitality

  $276,068

  Educational

  $229,686

  Medical

  $237,585

  Retail

  $357,289

Location Insight

City

Wytheville

County

Wythe

State

Virginia

Latitude

36.9519

Longitude

-81.08

Property Tax & Assessments

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