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    FOR SALE
    Car washes

    442 Williamsport Pike, Martinsburg, WV 25404

    448 SF 2.21 ac lot Built 2001
    Entity Owned Free & Clear
    Property ID
    US94-0470056
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Car washes
    Use group CAR WASH
    Year built 2001
    Construction WOOD FRAME
    Total area 448 SF
    Lot 2.21 ac (96,268 SF)
    APN 02-06- 26-0002.0002
    UPID US94-0470056
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    LONGBOAT GROUP LLC
    LONGBOAT GROUP LLC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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