Multi-Bay Self-Service Car
For Sale
$199,000
Pending
121 River St, Westfield, PA 16950
Facilities include touch-free and manual wash options, with a separate vacuum area.
Property Size1,748 SF
Days on Market564
Property Features for 121 River St
General Information
Standard status
Pending
Size
1,748 SF
Additional Details
Car Wash Bays
4
Amenities
vacuum station
Listing Agency:
Mountain Valley Realty, Inc.
(570) 723-8484
Listed By:
Victoria Murphy
(570) 439-0821
Source:
Exprealty
Added: Apr 8, 2025
Changed: Oct 21
Last Checked: Oct 21 at 2:27AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Mountain Valley Realty, Inc.
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Investment Insights
Based on property information with market context.
This self-service car wash contains a touch-free auto bay, two interior manual bays, and an exterior manual bay configured for large vehicles and equipment. A vacuum area is also part of the operation. The property measures 1,748 square feet.
At 121 River St in downtown Westfield, the site is next to a gas station and convenience store.
At 121 River St in downtown Westfield, the site is next to a gas station and convenience store.
Key Highlights
- 1,748‑square‑foot self‑service car wash
- Touch‑free auto bay and two interior manual bays
- Exterior manual bay accommodates large vehicles and equipment
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$14,362
Cap Rate
7.22%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,240
$287.2K
Cap Rate 7%
$205,171
$205.2K
Cap Rate 9%
$159,578
$159.6K
Market Conditions
NOI Build-Up for 1,748 SF
Gross rent
$21.4K $12.24/SF
− Vacancy
−$2.2K −$1.29/SF
EGI
$19.1K $10.95/SF
− OpEx
−$4.8K −$2.74/SF
NOI
$14.4K $8.22/SF
Area
Tioga County, PA
Vacancy
10.50%
Lease Rate
$12.24 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$287,240
Cap Rate 7%
$205,171
Cap Rate 9%
$159,578
Alternative Uses
Best Use
Specialty Retail
$205.2K
$179.5K – $239.4K
NOI $14,362 @ 7.0% cap · market cap 7.22%
Second Best
Industrial
$145.7K
$127.5K – $170.0K
NOI $10,199 @ 7.0% cap · market cap 5.13%
Theoretical Best
Healthcare Medical
$297.8K
$260.6K – $347.4K
NOI $20,844 @ 7.0% cap · market cap 10.47%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
130
Businesses Nearby
17k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 89%
Groceries 11%
Kwik Fill
Shops & Services
7,418 visits/mo
0.1 miles
Dollar General
Shops & Services
6,195 visits/mo
0.2 miles
Fine Wine & Good Spirits
Groceries
1,936 visits/mo
0.4 miles
Napa Auto Parts
Shops & Services
1,333 visits/mo
0.4 miles
Demographics for 16950, PA
3,463
Population
1,959
Households
1.8
Avg Household Size
48
Median Age
12%
College-Educated
87%
High-School Grad
116.1 sq mi
ZIP Area
30
Density / Sq Mi
$52,440
Median Household Income
$33,542
Median Earnings
$653
Median Rent
$121,600
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Northeast region
Frequently Asked Questions
What type of property is this?
Self service car wash - Facilities include touch-free and manual wash options, with a separate vacuum area.
Where is this self service car wash located?
The property is located at 121 River St Westfield, PA.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: 1,748‑square‑foot self‑service car wash; Touch‑free auto bay and two interior manual bays; Exterior manual bay accommodates large vehicles and equipment
