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4775 N 5th Street Hwy

3,352 SF Specialty Building Offered at $4,073,572 CAD at a 12.07% Cap Rate in Temple, PA 19560

Investment Highlights

  • Nestled among major commercial anchors.
  • Dual entrance property great for customer flow.
  • Signage along high traffic route.

Executive Summary

Exceptional Investment Opportunity: High-Performance Car Wash for Sale in Reading, PA
Are you or your network of investors on the lookout for a high-yield investment in a coveted area? Consider this flourishing Car Wash, strategically located on 1.02 acres in the heart of Reading, PA, surrounded by commercial hubs and benefiting from high traffic volumes. This hybrid tunnel Car Wash represents a remarkable business opportunity with substantial cash flow and significant potential for real estate appreciation.
Key Investment Highlights:
Prime Location: Nestled among major commercial anchors with excellent exposure to a high Average Annual Daily Traffic (AADT).
Lucrative Business Model: Currently operating with a robust cash flow, this car wash is optimized for peak performance and efficiency.
Flexible Investment Options: Available for purchase as a complete package including both the business and real estate, or the business alone on a Triple Net (NNN) lease basis.
Comprehensive Financials: Detailed valuation, Offering Memorandum, and EBITDA figures ready for review. Full financial disclosure available to serious buyers upon execution of an NDA and verification of financial standing.
This is a rare chance to own a top-performing car wash business in a sought-after market. If expanding your portfolio with a profitable car wash aligns with your investment strategy, don't hesitate to reach out for more detailed information or to arrange a viewing.

Attachments

washworks

Data Room Click Here to Access

Property Facts

Price $4,073,572 CAD
Price Per SF $1,215 CAD
Sale Type Investment or Owner User
Cap Rate 12.07%
Property Type Specialty
Property Subtype Car Wash
Building Class B
Lot Size 1.02 AC
Building Size 3,352 SF
No. Stories 1
Year Built/Renovated 1973/2020
Parking Ratio 2.98/1,000 SF

Amenities

  • Bus Line
  • Signage
  • Wheelchair Accessible
  • Smoke Detector

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
66-5309-11-75-4760
Land Assessment
$358,351 CAD
Improvements Assessment
$196,755 CAD
Total Assessment
$555,106 CAD

zoning

Zoning Code CMX3 (This zoning allows for a mix of commercial, residential, and institutional uses, supporting vibrant, multi-functional areas.)
CMX3 (This zoning allows for a mix of commercial, residential, and institutional uses, supporting vibrant, multi-functional areas.)
  • Listing ID: 31378876

  • Date on Market: 2024-04-01

  • Last Updated:

  • Address: 4775 N 5th Street Hwy, Temple, PA 19560

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