2208 Derry St Harrisburg, PA 17104-2725
- Car washes
- 3,392 SF
- 0.74 lot acres
Current Use by Public Records
- Derry St. Car Wash / Car Wash
- LibertyX Bitcoin ATM / Atm
Property Details for 2208 Derry St
- Year built
- 2001
- Lot size
- 0.74 lot acres
- Property size
- 3,392 SF
- Property type
- Car washes
- APN
- 13-060-002
- APU
- 13060002
Description
This exceptional investment opportunity presents a thriving car wash located at 2208 Derry St, Harrisburg, PA 17104. The property, built in 2001, boasts a 3,300 square foot building situated on a 0.74-acre lot. The car wash features two automatic touchless bays (one brand new in 2024), four self-serve bays, and ten vacuum stations. Recent upgrades include new blowers (2023), a hot water heater, and a storage tank (2024), ensuring efficient and reliable operation. Additional amenities include a convenient office and restroom. The property is zoned for commercial use and benefits from a large, established clientele, making it an ideal investment for a discerning buyer. The asking price is $1,950,000, translating to $590.91 per square foot. This well-maintained, single-story building represents a strong, established business with significant growth potential in the Harrisburg market. The Derry Street Car Wash is a recognizable landmark in the city, offering a secure and profitable investment opportunity.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $1,095,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $1,300,000
- 6.5%
- $1,285,000
- 7%
- $1,350,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $1,420,000
- Geo Method
- $1,145,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $1,360,000
- Retail
- $1,430,000
- Mixed-Use
- $1,390,000
- Hospitality
- $1,405,000
- Educational
- $1,200,000
- Residential Income
- $1,400,000
- Energy
- $1,220,000
- Income-Based Land
- $1,265,000
- Food Service
- $1,160,000
Location Insight
- Map
- Local Demand
- City
- Harrisburg
- County
- Dauphin
- State
- Pennsylvania
- Longitude
- -76.8498
- Latitude
- 40.2606
- CBSA code
- 25420
- CBSA name
- HARRISBURG-CARLISLE, PA METROPOLITAN STATISTICAL AREA