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29053494
29053495

1501 Fifth St, Lynchburg, VA 24501

SA
AZ BR663663000
Matthews
CS
SA718550000
Matthews
Listed by Matthews
Unpriced
155 days on market
Updated 55 days ago
Opportunity zone

7 Hills Auto Spa

Details
Property Type Special Purpose
Sub Type Car Wash
Tenancy Single
Year Built 2003
Buildings 1
Stories 1
Acreage 0.430
Parking Spaces spaces

Owner/User Acquisition Opportunity | High-Visibility Location Along Major Commuter Corridor

Marketing description

Reach out to Cole Solis at (480) 896-2149 or [email protected] with any questions or further interest.

Investment highlights

  • 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.

Listing Contacts

SA
AZ BR663663000
Matthews
CS
SA718550000
Matthews
Listed by Matthews

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Additional Information

Name
Kyle Matthews
License
License # 226035518 (VA)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
1600 West End, Ste. 1500 Nashville, TN 37203
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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