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33344016
33344017

157 Wilton Road, Farmington, ME 04938

SA
AZ BR663663000
Matthews
CS
SA718550000
Matthews
Listed by Matthews
$910,000
8 days on market
Updated 5 days ago

Farmington Car Wash

Details
Property Type Retail, Special Purpose
Sub Type Car Wash
Cap Rate 14.30%
Tenancy Single
Acreage 2.120
Ground Lease No

Established Car Wash With Value-Add Upside In Maine College Town

Investment highlights

• Value-Add Opportunity With Established Cash Flow: The property benefits from established in-place cash flow while still offering significant upside potential through equipment modernization, expanded site operations, additional vacuum stations, improved branding, enhanced curb appeal, operational improvements, and the implementation of a membership program.

• Owner / User Opportunity: Opportunity to acquire the business, building, and underlying real estate, allowing an owner-user or operator to directly control operations and future growth initiatives.

• Prime Location With Strong Traffic Counts: Strategically positioned along Wilton Road, one of Farmington’s primary commercial corridors, the property benefits from strong visibility and convenient access.

• Large Site With Existing Infrastructure: Situated on approximately 2.12 acres, the property features an existing ±80-foot express tunnel, four self-serve bays, and vacuum stations, providing a strong operational foundation for future improvements and expansion.

• Located Near Strong Retail & Community Drivers: The property is strategically positioned within close proximity to a strong mix of national retailers, local businesses, and community anchors that drive consistent daily traffic throughout the trade area.

• Limited Competition With Regional Draw: The property serves the greater Farmington trade area and surrounding communities, benefiting from limited nearby competition and its location along a heavily traveled regional corridor.

• Tax Advantaged Investment: Car washes may qualify for bonus depreciation and accelerated depreciation benefits, potentially enhancing investor returns

Listing Contacts

SA
AZ BR663663000
Matthews
CS
SA718550000
Matthews
Listed by Matthews

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Additional Information

Name
Brian Brockman
License
DB921170, AC 90603199 (ME)
Brokerage
Bang Realty-New England, Inc.
Title
Broker of Record
Brokerage Address
2939 Vernon Place Cincinnati OH 45219
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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