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    Operating Car Wash with Warehouse Title is generated by Realmo AI

    511 W Main St, Laurel, MT 59044

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    Established car wash with heated warehouse on six city lots.

    Type:Special Purpose
    Property size:
    9,804 SF
    Lot size:
    0.55 Acres
    Price / SF:
    $244/SF
    Added:
    Mar 26, 2026
    Days on Market:
    103
    Last Refresh:
    Jul 2 at 6:02 am

    Property Features for 511 W Main St

    General Information

    Standard status
    Active
    Size
    9,804 SF
    Lot size
    0.55 Acres
    Property subtype
    Special Purpose

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    Daniel Klein
    Daniel Klein

    Listing office A Haus of Realty, Inc

    Listing date Mar 26, 2026

    Source Crexi

    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 A Haus of Realty, Inc

    HighLights

    • Excellent high visibility location
    • Established operating car wash with newer equipment and systems, including electronic payment processing
    • Large (appx 5400 Sq. Ft.) heated warehouse/shop with varied potential uses or lease income
    • Situated on 6 city lots totaling over 24,000 sq ft of land
    • Includes 1 touchless automatic bay and 2 manual bays
    • Features 2 vacuums and a cleaning product vending machine

    Overview

    This property features an established, operating car wash along with a large, heated warehouse/shop. The warehouse/shop, approximately 5400 square feet, has varied potential uses or may be leased out for additional income. It had formerly been used for retail purposes. The property is situated on 6 city lots totaling over 24,000 square feet of land. Newer equipment and systems are in place, including electronic payment processing on all 3 bays. The car wash includes 1 touchless automatic bay and 2 manual bays, along with 2 vacuums and a cleaning product vending machine. The property benefits from an excellent, high-visibility location. The car wash and warehouse offer potential business opportunities.

    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 $196.5k $20.04
    − Vacancy −$4.9k −$0.50
    EGI $191.6k $19.54
    − OpEx −$47.9k −$4.88
    NOI $143.7k $14.65
    9,804 SF · lease $20.04/SF/yr · vacancy 2.50% · expense 25.00%

    Alternative Uses

    Best Use
    Specialty Retail
    $2.05M
    $1.80M – $2.39M (±1% cap)
    NOI $143,670 @ 7.0% cap · market cap 5.99%
    Second Best
    Retail
    $1.34M
    $1.17M – $1.56M (±1% cap)
    NOI $93,883 @ 7.0% cap · market cap 3.91%
    Theoretical Best
    Office A
    $2.13M
    $1.86M – $2.48M (±1% cap)
    NOI $149,084 @ 7.0% cap · market cap 6.21%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Car washes

    Suggested Use

    Law Firm Real Estate Agency Skin Care Clinic Kitchen & Bath Showroom Barber Shop Discount Store Parking Lot & Garage Computer & Electronic Repair Grocery & Convenience Store Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Laurel
    County
    Yellowstone
    State
    Montana
    Longitude
    -108.7783005
    Latitude
    45.6685218

    FAQs

    What type of property is this?
    Car wash - Established car wash with heated warehouse on six city lots.
    Where is this car wash located?
    The property is located at 511 W Main St Laurel, MT.
    What is the asking price?
    The asking price for this property is $2,400,000.
    What are key features of this property?
    This property features: Excellent high visibility location; Established operating car wash with newer equipment and systems, including electronic payment processing; Large (appx 5400 Sq. Ft.) heated warehouse/shop with varied potential uses or lease income
    (406) 855-9528 Call to check price and availability
    More about this property
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