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10620 117 Av 5,000 SF Specialty Building Offered at $1,600,000 CAD at a 11.25% Cap Rate in Grande Prairie, AB T8V 7N7

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INVESTMENT HIGHLIGHTS

  • Recently renovated with $150,000 in upgrades, fully equipped and operational.
  • Additional amenities include a dog wash, vacuum island, and convenience store
  • Prime location near Alberta Highway 43 and 108 Street with strong traffic exposure
  • Eight-vehicle capacity including six self-serve bays and two oversized truck/RV bays.
  • Second-floor office space supports full-time staffing and management

EXECUTIVE SUMMARY

This fully functional car wash has undergone $150,000 in renovations and is completely equipped and operational for new ownership. Situated on a 1-acre lot, the property features an 8-vehicle capacity with 6 self-serve car/truck bays, 2 oversized bays for trucks or RVs, a dedicated dog wash station, a vacuum island, and an on-site convenience store. The facility is fully staffed and includes a second-floor office space, offering a turnkey opportunity for prospective operators. Financial information is available upon request.

PROPERTY FACTS

Price $1,600,000 CAD
Price Per SF $320 CAD
Sale Type Investment or Owner User
Cap Rate 11.25%
Sale Condition Business Value Included
Property Type Specialty
Property Subtype Car Wash
Building Class C
Lot Size 1.00 AC
Building Size 5,000 SF
No. Stories 2
Year Built/Renovated 1980/2021

ABOUT 10620 117 AV , GRANDE PRAIRIE, AB T8V 7N7

Strategically located near Alberta Highway 43 and 108 Street, the property benefits from strong visibility and accessibility, drawing consistent traffic from both local residents and regional travelers. Grande Prairie’s robust economy, driven by energy, agriculture, and retail sectors, further enhances the long-term value of this asset.

  • Listing ID: 28411225

  • Date on Market: 2023-05-05

  • Last Updated:

  • Address: 10620 117 Av, Grande Prairie, AB T8V 7N7

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