1510 Pickwick St 2,952 SF Specialty Building Offered at $299,900 at a 15.00% Cap Rate in Savannah, TN 38372

Prime Corner Lot Value-Add Opportunity | Operating Car Wash | Savannah, TN
Highly visible corner-lot commercial opportunity in Savannah, TN featuring an operating self-service car wash with one self-service tunnel and four self-service bays. This offering combines in-place income, strong real estate fundamentals, and multiple future exit strategies—ideal for an owner-operator, investor, or redevelopment buyer.
The existing car wash provides immediate cash flow with minimal staffing requirements (one staff member in place) and offers significant upside through operational improvements, equipment upgrades, pricing optimization, or enhanced marketing. While current operations are modest, the real value lies in the location, frontage, sitting slightly above grade, and land positioning.
Situated on a hard corner with excellent visibility and access, the site benefits from strong daily traffic exposure and a layout that supports multiple potential future uses. The property’s footprint and corner configuration make it a compelling candidate for redevelopment or repositioning, subject to buyer due diligence and local approvals.
Potential buyer profiles include:
Owner-operators seeking a manageable business with upside
Investors targeting land value with interim income
Developers evaluating future conversion to uses such as:
Quick-service restaurant (QSR)
Convenience store
Automotive service / oil change
Other neighborhood commercial concepts
A buyer can continue operating the car wash while planning a longer-term redevelopment or repositioning strategy, allowing flexibility in timing and capital deployment.
Opportunities like this—corner lots with income, visibility, and multiple paths forward—are increasingly difficult to find in smaller growth markets. This asset offers a practical entry point with downside protection from land value and upside through execution.