Self-Serve Car Wash
355 Massachusetts Avenue Buffalo, NY 14213
355 Massachusetts Avenue, Buffalo, NY, 14213
$185,000
For Sale
$185,000
Established self-serve car wash with three wash bays and seven coin-operated vacuum stations.
Property Size1,200 SF
Price / SF$154.17
Days on Market67
Property Features for 355 Massachusetts Avenue
General Information
- Standard status
- Active
- Size
- 1,200 SF
- Property subtype
- Land
Listing agency
HUNT Real Estate Corporation
(716) 864-5804
Listed by
Samuel DeFranks · License #10401318222
(716) 864-5804
Source
Exprealty
Added: May 18 Updated: Jul 20 at 5:17PM Checked: Jul 22 at 7:00AM
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 HUNT Real Estate Corporation
Investment Insights
Based on property information with market context.
355 Massachusetts Avenue presents an established self-serve car wash designed for streamlined, low-maintenance operation. The facility includes three self-serve wash bays and seven coin-operated vacuum stations, supporting an efficient on-site wash and detailing workflow for customers.
The property is located in Buffalo’s West Side, one block from the Five Points neighborhood, placing it within a well-regarded commercial and residential area with ongoing neighborhood activity.
With multiple service bays and vacuum stations in place, the property is suited for an owner/operator or investor seeking a ready-to-run automotive-focused use at a compact site.
The property is located in Buffalo’s West Side, one block from the Five Points neighborhood, placing it within a well-regarded commercial and residential area with ongoing neighborhood activity.
With multiple service bays and vacuum stations in place, the property is suited for an owner/operator or investor seeking a ready-to-run automotive-focused use at a compact site.
Key Highlights
- Established self‑serve car wash with 3 self‑serve wash bays
- Includes 7 coin‑operated vacuum stations for customer self‑service
- Built for streamlined ownership with a low‑maintenance, passive‑income business model
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 | $20.2k | $16.80 |
| − Vacancy | −$1.8k | −$1.51 |
| EGI | $18.3k | $15.29 |
| − OpEx | −$4.6k | −$3.82 |
| NOI | $13.8k | $11.47 |
1,200 SF · lease $16.80/SF/yr · vacancy 9.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$196.6K
$172.0K – $229.3K
NOI $13,759 @ 7.0% cap · market cap 7.44%
Second Best
Retail
$167.0K
$146.1K – $194.8K
NOI $11,689 @ 7.0% cap · market cap 6.32%
Theoretical Best
Office A
$288.6K
$252.5K – $336.7K
NOI $20,200 @ 7.0% cap · market cap 10.92%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self service car ...
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FAQs
What type of property is this?
Self service car wash - Established self-serve car wash with three wash bays and seven coin-operated vacuum stations.
Where is this self service car wash located?
The property is located at 355 Massachusetts Avenue Buffalo, NY.
What is the asking price?
The asking price for this property is $185,000.
What are key features of this property?
This property features: Established self‑serve car wash with 3 self‑serve wash bays; Includes 7 coin‑operated vacuum stations for customer self‑service; Built for streamlined ownership with a low‑maintenance, passive‑income business model
