1102 W 3rd Street, Farmville, VA 23901

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List Price
$500,000
Price Change
▼ $50,000 1772958017
Days on Market
282
MLS#
CVR-2600031
Status
ACTIVE
Type
Commercial
Year Built
2001
County
Prince Edward
Region
300 - Prince Edward

Property Description

Positioned in the college town of Farmville, Washbox Carwash at 1102 3rd Street offers an established, income-producing car wash operation paired with a historically well-rented garage apartment in the rear building (currently vacant as owner has not re rented to let new owner set rent)-easily rented — creating multiple revenue streams in a single investment. Steady growth in cash flow and increase over comparative quarters. This property features one automatic touch-free bay and one self-serve bay, supported by a loyal customer base and strong market recognition throughout the Farmville area and greater Richmond metro. The business is fully operational and includes all car wash equipment, providing a seamless, turnkey acquisition for an owner-operator or investor. Significant upgrades and capital improvements have been completed over the past two to three years, enhancing both operational efficiency and long-term value. Additional upside remains through the opportunity to introduce monthly subscription plans and expand recurring cash flow. This property is offered as one of two Washbox Carwash locations and may be purchased individually or combined with 2011 S Main Street for a portfolio offering. The owner will consider combined pricing incentives for purchasers acquiring both sites. Owner will not fully owner finance. Property Highlights • Established car wash business with strong market presence • 1 automatic touch-free bay + 1 self-serve bay • Well-rented rear garage apartment for supplemental income • Numerous upgrades and recent improvements • Turnkey opportunity with equipment and business included • Upside potential through subscription program offerings • Optional portfolio sale with second Farmville location

Additional Information

Acres
0.49
Roof
Flat
Heating
Other

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Calculator source: Real Geeks

Listing courtesy of Shaheen Ruth Martin & Fonville.

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