Salem Car Wash Utah

532 UT-198, Salem, Utah
Salem Car Wash Utah
On Market
Property Details

Asking Price
1,900,000
Description

9.8% Going-In Cap | 17.7% Avg. Annual Revenue Growth | 15,000 Vehicles/Day | Turnkey 24/7 Car Wash with Real Estate & Equipment Profitable self-serve and in-bay automatic car wash located along the high-traffic SR-198 corridor in Salem, Utah. Sale includes the real estate, equipment, and operating business. Investment Highlights • 9.8% Going-In Cap Rate • 17.7% Average Annual Revenue Growth (3-Year CAGR) • Approximately 15,000 vehicles per day on SR-198 • 24/7 unattended operation • Real estate, equipment & operating business included • Recent appraisal supports the asking price • 11.6% Forecast 2026 Cap Rate Located in a growing Utah community with continued residential development and infrastructure investment. LISTED BY: Winnfort Myles | The Virtual Realty Group UT Lic. #1179-7056-CNOO tvrgofutah@gmail.com OUT-OF-STATE MARKETING AGENT: Danielle Moore | Realty Executives Showcase Commercial 586.354.4433 Utah showings, offers, negotiations, and other brokerage activities are conducted through Winnfort Myles and The Virtual Realty Group.

Location

532 UT-198, Salem, Utah

Contact Information

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