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2125 Washburn St
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2125 Washburn St
3,613 SF Specialty Building Offered at $721,803 CAD at a 8% Cap Rate in Scranton, PA 18504
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INVESTMENT HIGHLIGHTS
- High traffic location, turn key business, rental income from garage, all new equipment
EXECUTIVE SUMMARY
If you're looking for a lucrative, 'passive income' opportunity on Day One, you need to seriously consider this offering. This, car wash property, was totally renovated in 2023 & is situated on a 1/2 acre lot with brand new equipment throughout. 4 wash bays, a garage in the rear with 2 overhead doors, 4 new vacuum systems. New metal roof on main building & new rubber roof on detached (2) bay garage currently bringing in $800/month. LED lighting, Rinnai on demand heaters, online security system. New pumps, detergent dispensers, wands, brushes, arms, bay walls & ceilings, fascia upgrade & all water lines have been replaced. NOI is available to potential Buyers upon proof of preapproval/proof of funds & completion of a Confidentiality Agreement.
Seller encourages reasonable offers for consideration from prospective Buyers. Call or email me today to discuss.
Seller encourages reasonable offers for consideration from prospective Buyers. Call or email me today to discuss.
PROPERTY FACTS
Price | $721,803 CAD | Building Class | C |
Price Per SF | $200 CAD | Lot Size | 0.51 AC |
Sale Type | Investment or Owner User | Building Size | 3,613 SF |
Cap Rate | 8% | No. Stories | 1 |
Sale Condition | 1031 Exchange | Year Built/Renovated | 1965/2023 |
Property Type | Specialty | Parking Ratio | 3.32/1,000 SF |
Property Subtype | Car Wash |
Price | $721,803 CAD |
Price Per SF | $200 CAD |
Sale Type | Investment or Owner User |
Cap Rate | 8% |
Sale Condition | 1031 Exchange |
Property Type | Specialty |
Property Subtype | Car Wash |
Building Class | C |
Lot Size | 0.51 AC |
Building Size | 3,613 SF |
No. Stories | 1 |
Year Built/Renovated | 1965/2023 |
Parking Ratio | 3.32/1,000 SF |
AMENITIES
- Signage
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PROPERTY TAXES
Parcel Number | 14416020027 | Improvements Assessment | $19,005 CAD |
Land Assessment | $15,034 CAD | Total Assessment | $34,039 CAD |
PROPERTY TAXES
Parcel Number
14416020027
Land Assessment
$15,034 CAD
Improvements Assessment
$19,005 CAD
Total Assessment
$34,039 CAD
ZONING
Zoning Code | N (N-City Neighborhood, Mixed Use) |
N (N-City Neighborhood, Mixed Use) |
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2125 Washburn St
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