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Car Washes in ME & NH

3 Retail Properties Offered at $9,500,000 in Multiple Locations

Investment Highlights

  • 62 Deane Street, Ellsworth, ME: 1,976± SF on 0.66± AC
  • 364 West Street, Keene, NH: 2,000± SF (to be constructed) on 0.48± AC
  • 45 Gonic Road, Rochester, NH: 1,398± SF on 0.46± AC
  • All properties possess Washworld Wash Systems, Washsify Entry Unit Packages, and G&G Color Wash Systems.

Executive Summary

Opportunity to acquire three newly constructed car wash properties strategically located in New Hampshire and Maine. These operations are well positioned to take advantage of high daily traffic counts in popular local trade areas. The Acadia Carwash in Ellsworth, Maine and the Granite State Carwash in Rochester, New Hampshire are fully operational, while the Keene, New Hampshire location will be coming online during the Summer of ’24. This opportunity will allow a new owner to benefit from significant cash flow growth as the properties stabilize.

Property Facts

Price $9,500,000
Price / SF $1,768 / SF
Cap Rate 11.34%
Sale Type Investment
Status Active
Number of Properties 3
Individually For Sale 1
Total Building Size 5,374 SF
Total Land Area 1.60 AC

Properties

Property Name / Address Property Type Size Year Built Individual Price
#314
364 West St, Keene, NH 03431
Retail 2,000 SF 2025 -
45 Gonic Rd, Rochester, NH 03839 Retail 1,398 SF 1988 -
62 Deane St, Ellsworth, ME 04605 Retail 1,976 SF 2023 $3,500,000
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  • Listing ID: 31878266

  • Date on Market: 5/21/2024

  • Last Updated:

  • Address: Car Washes in ME & NH, Keene, NH

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