Turnkey Car Wash Investment
1610 Gleneagles Boulevard Billings, MT 59105
1610 Gleneagles Boulevard, Billings, MT, 59105
$850,000
For Sale
$850,000
Well-maintained car wash with self and automatic bays.
Property Size2,503 SF
Lot Size0.45 Acres
Price / SF$339.59
Days on Market145
Property Features for 1610 Gleneagles Boulevard
General Information
- Standard status
- Active
- Size
- 2,503 SF
- Lot size
- 0.45 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2005
Listing agency
NAI Business Properties
(406) 671-1158
Listed by
Matt Robertson, SIOR
(406) 671-1158
Source
Naiglobal
Added: Feb 26 Updated: Jul 10 at 1:13PM Checked: Jul 20 at 3:45AM
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 NAI Business Properties
Investment Insights
Based on property information with market context.
This turnkey car wash investment opportunity is located in the Heights area of Billings. Shiny Ride Carwash, built in 2005, features three self-serve bays and one automatic bay, providing user convenience and income potential. The property includes a 2,503 square foot building on a 19,428 square foot lot. The site has concrete paving and easy access. Constructed with durable, fire-resistant materials, the car wash is equipped with three CAT pumps for the self bays and a new Razor auto wash for the auto bay. The lit intersection and prime Heights location contribute to its appeal. This site offers both owner-operator potential and passive investment appeal with minimal oversight and stable cash flow.
Key Highlights
- Turnkey car wash investment with consistent income potential.
- Prime location in Billings' Heights, a growing residential and retail corridor.
- Features a mix of self‑serve (3 bays) and automatic (1 Razor wash) options.
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- 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.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.5k | $16.20 |
| − Vacancy | −$811 | −$0.32 |
| EGI | $39.7k | $15.88 |
| − OpEx | −$9.9k | −$3.97 |
| NOI | $29.8k | $11.91 |
2,503 SF · lease $16.20/SF/yr · vacancy 2.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$425.8K
$372.5K – $496.7K
NOI $29,803 @ 7.0% cap · market cap 3.51%
Second Best
Retail
$366.1K
$320.3K – $427.1K
NOI $25,624 @ 7.0% cap · market cap 3.01%
Theoretical Best
Office A
$546.1K
$477.9K – $637.2K
NOI $38,230 @ 7.0% cap · market cap 4.50%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Shiny Ride Car ...
Car Wash
All Paws Montana
Pet Grooming Service
Similar For Sale Nearby
FAQs
What type of property is this?
Car wash - Well-maintained car wash with self and automatic bays.
Where is this car wash located?
The property is located at 1610 Gleneagles Boulevard Billings, MT.
What is the asking price?
The asking price for this property is $850,000.
What are key features of this property?
This property features: Turnkey car wash investment with consistent income potential.; Prime location in Billings' Heights, a growing residential and retail corridor.; Features a mix of self‑serve (3 bays) and automatic (1 Razor wash) options.
