512 Highway 70 - Car Washes FOR SALE


Kingston, OK 73439
$1,250,000 USD
940-312-2170
512 Highway 70, Kingston, OK for Sale
$1,250,000 USD
Car Washes - FOR SALE
1/9
null | 10.5% Cap Rate

512 Highway 70
Kingston, OK 73439


HIGHLIGHTS

  • 10.5% CAP
  • 2 Miles from Hardrock and Vista Point
  • Deep Water Well

OVERVIEW

Great investment opportunity in a rapidly growing area. 10.5 CAP on this well maintained car wash facility. Features include a deep water well so no water supply is needed which is a huge cost savings, also hooked up to city water as a backup, extra large bays to accommodate RV, boats, and Large trailers, bay cleanout trailer included in the sale (typically the service is $1000+ and has to be done quarterly, this eliminates the need for that service which is a savings of $10,000 annually. Wash prices were just increased in June 2025, projecting an increase in NOI of approximately $10,000 annually. Automatic equipment was installed in 2021 and is located 2 miles from the new Hardrock resort and casino and Vista Point development.

FOR SALE DETAILS

PRICE

$1,250,000 USD

PRICE/SF

$297 USD /SF

CAP RATE

10.5%

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Kingston Car Wash

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

B

YEAR BUILT

2003

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.63 AC

LAND SF

27,475 SF

ZONING

-

APN/PARCEL ID

0799-31-06S-06E-0-108-00

ASK ABOUT THIS PROPERTY

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940-312-2170

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940-312-2170

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