1405 Cranston Road
Value-Add Car Wash Opportunity on Busy Cranston Road – Bring Your Vision and Grow
Marketing description
Rare value-add opportunity to acquire a fully built-out 80-foot express tunnel car wash at a fraction of replacement cost. Due to long-term absentee ownership and limited operational oversight, the property's full potential has never been realized. More than $1.36 million was invested in the site, including approximately $788,000 in construction and expansion and over $580,000 in tunnel equipment, automation, entry kiosks, and gate systems. The express tunnel was installed only a few years ago and has seen minimal use. An existing membership program is already in place, creating immediate upside for an owner-operator or investor willing to implement active management and marketing. Additional revenue opportunities exist through the conversion of three vacant bays to self-service operations. Offered at just $635,000 for a quick asset sale with clean title. Sale includes an approximately $10,000 Mr. Foamer signage credit for rebranding.
Investment highlights
Key Highlights
- High-visibility location on Cranston Rd
- Approx. 1.5 miles from I-39/I-90/I-43 interchange
- Multiple self-service wash bays and automatic wash facilities potential
- Existing equipment, systems, and signage included
- Approx. $10,000 Mr. Foamer signage credit included
- Opportunity to increase revenue through operational improvements
- Ideal for owner-operator or investor
- Strong traffic counts and regional accessibility
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