442 Williamsport Pike Martinsburg, WV 25404
- Car washes
- 448 SF
- 2.21 lot acres
Current Use by Public Records
- Car washes
Property Details for 442 Williamsport Pike
- Year built
- 2001
- Construction
- WOOD FRAME
- Lot size
- 2.21 lot acres
- Property size
- 448 SF
- Property type
- Car washes
- APN
- 02-06- 26-0002.0002
- APU
- 2062600020002
Description
This exceptional investment opportunity presents a thriving, turn-key car wash located at 440, 442 Williamsport Pike in Martinsburg, West Virginia. Boasting 7,667 square feet across two buildings, this property, built in 2006, enjoys a prime location at the hard corner intersection of Route 11 and Route 9, ensuring excellent visibility and high traffic counts. The property's mixed-use commercial zoning offers flexibility for future development or expansion. The car wash is currently operational and represents a strong, established business with a 9.61% cap rate. The asking price is $2,150,000. Prominent signage further enhances its visibility and appeal to a large customer base. This is a rare opportunity to acquire a generational investment in a rapidly growing area of Martinsburg, offering significant potential for both immediate returns and long-term appreciation. The property's strategic location and established business make it an attractive proposition for investors seeking a stable, high-performing asset in a desirable market. The high traffic count and excellent visibility contribute to the strong performance of this turn-key operation. This is a truly exceptional opportunity to acquire a well-established and profitable car wash business in a prime location.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Martinsburg
- County
- Berkeley
- State
- West Virginia
- Longitude
- -77.956
- Latitude
- 39.4754
- CBSA code
- 25180
- CBSA name
- HAGERSTOWN-MARTINSBURG, MD-WV METROPOLITAN STATISTICAL AREA