1364 26th St Erie, PA 16508-1402
This exceptional investment opportunity presents a thriving car wash business located at 1364 W 26TH Street, Erie, PA. The 1,952 square foot property sits on a 0.21-acre lot and is priced at $220,000. Currently operating as a Splash and Dash car wash, this location boasts high traffic and maximum visibility, ensuring a strong return on investment. Recent upgrades include a new rubber roof, updated lighting, a new HVAC system, and a state-of-the-art multi-camera security system. Further improvements encompass extensive masonry repairs and a newly paved blacktop. The business benefits from updated credit card and bill acceptance systems, maximizing efficiency and revenue. Multiple income streams are generated through the car wash operation itself, numerous vacuum stations and product dispensers, and a long-term lease agreement with Lamar for billboard advertising on the property. A substantial 20x40 garage bay provides ample space for storage or the potential development of a detailing shop, adding further revenue potential. This turnkey operation offers a rare chance to acquire a well-established, profitable business in a prime Erie location. The combination of high visibility, recent renovations, and multiple income streams makes this an attractive investment opportunity.
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Splash and Dash Autowash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
C2 · Erie, PACosts & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.