Building Details

Building Size 1,675 SF

Year Built 1973

Listing Agency: Keller Williams Advantage Realty

Listed By: Andrew Starr · License #RS355845 Show Phone

Source: Nelsonrealtypa

Added: Mar 20 Changed: Oct 9 Last Checked: Oct 13 at 12:52AM

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Investment Insights

Based on property information with market context.

This self-service car wash has operated since 1973 and includes 6 wash bays along with 2 vacuum systems. The facility is currently operational and occupies a 14.45-acre parcel, combining an established automotive service use with substantial land area.

Located at 188 1ST ST in Grampian, PA, the property serves surrounding communities. The available acreage may support additional business uses, equipment, expansion, or redevelopment, subject to local zoning and required approvals. Financial information is available through the listing agent.

Key Highlights

• Operational self‑service car wash on 14.45 acres
• 6 self‑service wash bays
• 2 vacuum systems

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$15,786

Cap Rate

8.77%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$315,720 $315.7K

Cap Rate 7%

$225,514 $225.5K

Cap Rate 9%

$175,400 $175.4K

Market Conditions

NOI Build-Up for 1,675 SF

Gross rent

$23.5K $14.04/SF

− Vacancy

−$2.5K −$1.47/SF

EGI

$21.0K $12.57/SF

− OpEx

−$5.3K −$3.14/SF

NOI

$15.8K $9.42/SF

Area

Clearfield County, PA

Vacancy

10.50%

Lease Rate

$14.04 /SF/Yr

Expense Ratio

25.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$315,720

Cap Rate 7%

$225,514

Cap Rate 9%

$175,400

Alternative Uses

Best Use

Retail

$240.7K

$210.6K – $280.8K (±1% cap)

NOI $16,849 @ 7.0% cap · market cap 9.36%

Second Best

Specialty Retail

$225.5K

$197.3K – $263.1K (±1% cap)

NOI $15,786 @ 7.0% cap · market cap 8.77%

Theoretical Best

Office A

$369.4K

$323.2K – $431.0K (±1% cap)

NOI $25,857 @ 7.0% cap · market cap 14.37%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Self service car ...

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Storage Facility Grocery & Convenience Store Bakery Hair Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business

Opportunity

Location Intelligence

Trade Area within ½ mile

44

Businesses Nearby

3k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Shops & Services 100%

Dollar General Shops & Services

3,422 visits/mo 0.1 miles

Demographics for 16838, PA

1,720

Population

949

Households

1.8

Avg Household Size

48

Median Age

17%

College-Educated

93%

High-School Grad

37.5 sq mi

ZIP Area

46

Density / Sq Mi

$57,446

Median Household Income

$42,396

Median Earnings

$871

Median Rent

$121,700

Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019

7.1% 2020

6.5% 2021

6% 2022

5.7% 2023

5.6% 2024

6% 2025

Questions? Ask Rey

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What type of property is this? Where is this self service car washes located? What is the asking price? Find similar properties What are key features of this property?

Frequently Asked Questions

What type of property is this?

Self service car wash - Established wash facility with multiple service bays and vacuum equipment on a substantial commercial parcel.

Where is this self service car wash located?

The property is located at 188 1ST ST Grampian, PA.

What is the asking price?

The asking price for this property is $180,000.

What are key features of this property?

This property features: Operational self‑service car wash on 14.45 acres; 6 self‑service wash bays; 2 vacuum systems