Turnkey Car Wash Business
For Sale
$650,000
925 Menoher Blvd, Johnstown, PA 15905
Established car wash, detailing, and gift store on busy road.
Property Size6,300 SF
Lot Size0.60 Acres
Price / SF$103.17
Days on Market502
Property Features for 925 Menoher Blvd
General Information
Standard status
Active
Size
6,300 SF
Lot size
0.60 Acres
Taxes and HOA fees
Annual Taxes
$18,369
Listing Agency:
COLDWELL BANKER PRESTIGE REALTY
(814) 244-8687
Listed By:
Helen Dugan
(814) 244-8687
Source:
Exprealty
Added: Mar 28, 2025
Changed: Aug 8
Last Checked: Jul 16 at 10:01PM
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 COLDWELL BANKER PRESTIGE REALTY
Investment Insights
Based on property information with market context.
This turnkey business opportunity features a well-established brushless car wash, detailing business, and gift store. The property offers over 6,300 square feet of space, with potential for additional business ventures or rental income. It includes a 30-foot by 120-foot automatic wash bay, three detailing bays, a lobby, a private office, an employee break room, storage rooms, and restrooms. The facility is equipped with updated machinery, HVAC, central AC, a security system, and 480-amp 3-phase electrical service. Recent upgrades include new roofs and carpeting. The property is situated on a 0.60-acre lot located on one of the county's busiest roads.
Key Highlights
- Turnkey business opportunity including car wash, detailing, and gift store.
- High‑traffic location on a busy county road.
- Substantial 6,300+ sq. ft. space with room for expansion or rental income.
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$36,760
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
5.66%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$735,200
$735.2K
Cap Rate 7%
$525,143
$525.1K
Cap Rate 9%
$408,444
$408.4K
Market Conditions
NOI Build-Up for 6,300 SF
Vacancy — income lost from leasable area expected to sit empty during the year, subtracted from gross rent.
EGI (Effective Gross Income) — gross rent minus vacancy losses, the realistic income before paying operating costs.
OpEx (Operating Expenses) — recurring costs to operate the property (property tax, insurance, utilities, maintenance, management); excludes financing and capital improvements.
NOI (Net Operating Income) — income a property generates after operating costs but before financing and taxes.
Gross rent
$55.6K $8.83/SF
− Vacancy
−$3.1K −$0.49/SF
EGI
$52.5K $8.34/SF
− OpEx
−$15.8K −$2.50/SF
NOI
$36.8K $5.83/SF
Area
Cambria County, PA
Vacancy
5.60%
Lease Rate
$8.83 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$735,200
Cap Rate 7%
$525,143
Cap Rate 9%
$408,444
Alternative Uses
Best Use
Specialty Retail
$906.2K
$792.9K – $1.06M
NOI $63,433 @ 7.0% cap · market cap 9.76%
Second Best
Retail
$888.3K
$777.3K – $1.04M
NOI $62,181 @ 7.0% cap · market cap 9.57%
Theoretical Best
Office A
$1.90M
$1.66M – $2.22M
NOI $133,056 @ 7.0% cap · market cap 20.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
598
Businesses Nearby
Explore this area
Business Placement
Demographics for 15905, PA
19,654
Population
9,907
Households
2
Avg Household Size
50
Median Age
35%
College-Educated
96%
High-School Grad
41.5 sq mi
ZIP Area
474
Density / Sq Mi
$70,620
Median Household Income
$45,285
Median Earnings
$893
Median Rent
$118,600
Median Home Value
Market
Vacancy Rate% for Retail in Northeast region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Car wash - Established car wash, detailing, and gift store on busy road.
Where is this car wash located?
The property is located at 925 Menoher Blvd Johnstown, PA.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Turnkey business opportunity including car wash, detailing, and gift store.; High‑traffic location on a busy county road.; Substantial 6,300+ sq. ft. space with room for expansion or rental income.
