Tunnel Car Wash
For Sale
$2,000,000
43 Foster Ave, Pittsburgh, PA 15205
Fully functional tunnel car wash with automated payment systems, plus office, storage, and detailing/service areas.
Property Size5,400 SF
Days on Market100
Property Features for 43 Foster Ave
General Information
Standard status
Active
Size
5,400 SF
Property subtype
Retail
Building Details
Building Size
5,400 SF
Listing Agency:
SVN | Three Rivers Commercial Advisors
Listed By:
Grant Underwood · License #RB068270
(412) 715-4160
Source:
Svn
Added: Jun 29
Changed: Oct 6
Last Checked: Oct 5 at 3:15PM
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 SVN | Three Rivers Commercial Advisors
Investment Insights
Based on property information with market context.
43 Foster Ave presents a well-established, fully functional tunnel car wash built around an automated wash tunnel and updated payment systems. The property also includes additional office equipment, storage, and dedicated detailing/service areas to support in-bay and after-wash needs.
Located in the Crafton/Ingram retail corridor and minutes from Downtown Pittsburgh, the site offers convenient access to major routes including Route 60 and Interstates I-376 and I-79. This positioning supports visibility and ease of approach for motorists traveling through the area.
For operators and investors seeking a turnkey car wash business with operational improvements already in place, the combination of an automated tunnel, updated payment functionality, and on-site service and support space is designed to handle day-to-day workflow. The inclusion of office and storage areas further supports managing staffing and supplies without requiring external space.
Located in the Crafton/Ingram retail corridor and minutes from Downtown Pittsburgh, the site offers convenient access to major routes including Route 60 and Interstates I-376 and I-79. This positioning supports visibility and ease of approach for motorists traveling through the area.
For operators and investors seeking a turnkey car wash business with operational improvements already in place, the combination of an automated tunnel, updated payment functionality, and on-site service and support space is designed to handle day-to-day workflow. The inclusion of office and storage areas further supports managing staffing and supplies without requiring external space.
Key Highlights
- Fully functional tunnel car wash
- Automated wash tunnel with updated payment systems
- Includes office equipment and office space
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$73,094
Cap Rate
3.65%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,461,880
$1.5M
Cap Rate 7%
$1,044,200
$1.0M
Cap Rate 9%
$812,156
$812.2K
Market Conditions
NOI Build-Up for 5,400 SF
Gross rent
$103.7K $19.20/SF
− Vacancy
−$6.2K −$1.15/SF
EGI
$97.5K $18.05/SF
− OpEx
−$24.4K −$4.51/SF
NOI
$73.1K $13.54/SF
Area
Pittsburgh, PA
Vacancy
6.00%
Lease Rate
$19.20 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,461,880
Cap Rate 7%
$1,044,200
Cap Rate 9%
$812,156
Alternative Uses
Best Use
Specialty Retail
$1.04M
$913.7K – $1.22M
NOI $73,094 @ 7.0% cap · market cap 3.65%
Second Best
Retail
$899.1K
$786.7K – $1.05M
NOI $62,937 @ 7.0% cap · market cap 3.15%
Theoretical Best
Office A
$1.72M
$1.50M – $2.01M
NOI $120,385 @ 7.0% cap · market cap 6.02%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
600
Businesses Nearby
Explore this area
Business Placement
Demographics for 15205, PA
23,594
Population
12,241
Households
1.9
Avg Household Size
38
Median Age
40%
College-Educated
95%
High-School Grad
11.7 sq mi
ZIP Area
2,017
Density / Sq Mi
$70,954
Median Household Income
$47,785
Median Earnings
$1,166
Median Rent
$171,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Pittsburgh, PA
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Frequently Asked Questions
What type of property is this?
Car wash - Fully functional tunnel car wash with automated payment systems, plus office, storage, and detailing/service areas.
Where is this car wash located?
The property is located at 43 Foster Ave Pittsburgh, PA.
What is the asking price?
The asking price for this property is $2,000,000.
What are key features of this property?
This property features: Fully functional tunnel car wash; Automated wash tunnel with updated payment systems; Includes office equipment and office space
