1510 Lawrence Ave Ellwood City, PA 16117
- Warehouses
- 2,814 SF
- 1.25 lot acres
Current Use by Public Records
- The Car Wash of Ellwood City / Car Wash / Car Detailing Service
Property Details for 1510 Lawrence Ave
- Lot size
- 1.25 lot acres
- Property size
- 2,814 SF
- Property type
- Warehouses
- Property subtype
- Self storage facilities
- APN
- 36-055800
- APU
- 36055800
Description
This exceptional investment opportunity presents a thriving car wash business in Ellwood City, Pennsylvania, listed at $999,000. The property, situated on a 1.6-acre parcel at 1510 W Lawrence Ave, 16117, boasts two touchless automatic car washes equipped with advanced G5 laser technology, ensuring efficient and high-quality cleaning. Adding to its appeal is a single self-serve bay, catering to customers seeking a more hands-on experience. The site also includes convenient amenities such as vending machines and two vacuum stations, enhancing customer convenience and revenue streams. A prominent message center pylon sign ensures high visibility and attracts passing traffic. The substantial 1.6-acre lot offers significant potential for future expansion, with an available outparcel providing ample room for additional services or development. This turnkey operation is ready for immediate ownership, presenting a compelling opportunity for investors seeking a profitable and established business in a desirable location. The property's strategic location in Ellwood City, Lawrence County, PA, ensures consistent customer traffic and strong market demand. This well-maintained car wash is a proven performer, offering a stable income stream and significant growth potential. The sale includes all existing equipment and infrastructure, making this a seamless transition for the new owner.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,195,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,215,000
- 6.5%
- $1,160,000
- 7%
- $1,150,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,145,000
- Geo Method
- $1,250,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,140,000
- Retail
- $1,130,000
- Mixed-Use
- $1,000,000
- Hospitality
- $1,005,000
- Educational
- $1,180,000
- Residential Income
- $985,000
- Energy
- $1,160,000
- Income-Based Land
- $960,000
- Food Service
- $980,000
Location Insight
- Map
- Local Demand
- City
- Ellwood City
- County
- Lawrence
- State
- Pennsylvania
- Longitude
- -80.3021
- Latitude
- 40.8576
- CBSA code
- 35260
- CBSA name
- NEW CASTLE, PA MICROPOLITAN STATISTICAL AREA
