Owner/User Acquisition Opportunity: Rare opportunity to acquire the business, building, and underlying real estate, ideal for an owner/operator seeking full control of a turnkey asset.
High-Visibility Location Along Major Commuter Corridor: Strategically positioned on VA-163 (Fifth Street), the property benefits from average daily traffic counts of ±13,331 vehicles, offering consistent exposure and convenient ingress/egress within a densely populated residential and retail corridor.
Proximity to National Retailers and Community Anchors: Surrounded by a robust mix of national brands and key local institutions, including McDonald’s, Burger King, Subway, Dollar General, Dollar Tree, and the Lynchburg Community Market. Additional demand generators within close proximity include the University of Lynchburg, E.C. Glass High School, Hilton and Holiday Inn hotels, and several recreational destinations—all contributing to sustained consumer activity and cross-traffic.
Modernized Operations with Recent Equipment Upgrades: The facility features well-maintained infrastructure with substantial reinvestment over the past six years. Notable upgrades include Autec automatic systems and GinSan self-serve equipment, resulting in improved operational efficiency and reduced maintenance requirements.
Revenue Growth Potential: Strong opportunity to drive revenue growth through targeted marketing, community engagement, and customer retention strategies. Additionally, recent infrastructure improvements along Fifth Street including new sidewalks, sewer lines, and conversion to a one-way thoroughfare have concluded, restoring full access and setting the stage for increased traffic flow
Attractive Demographics: The property is located within a ±5-mile radius encompassing ±80,180 residents and an average household income of $85,330 supporting consistent consumer demand.
Potential Tax Advantages: Car wash assets may qualify for bonus and accelerated depreciation schedules, offering investors potential tax efficiencies. Prospective buyers are advised to consult with their CPA for specific applicability.