Car Wash

Undisclosed Address, Boonville, IN 00000
Retail-Commercial for Sale
Catylist Listing ID: 30316840
Property Subtypes: Car Wash
Building Size (RSF): 3,794 SF
Gross Building Area: See Agent
Gross Land Area: 1.81 Acres
Sale Price: $990,000
Unit Price: $260.94 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: 12.85%
Last Updated: 10/17/2018

Overview / Comments

Less than 1 year in operation, this completely renovated car wash is virtually brand new. All equipment is furnished by Harrell’s car wash systems, a national equipment and service company headquartered in Indianapolis, IN. All service contracts, warranties are in place and are transferable to new owner.
Located in the cities highest growth area and on the main roadway into the downtown proper; the visibility and accessibility is excellent.

Seller will engage an IRSC 1031 Exchange to participate in a new venture.

This is why this investment is offered at a high CAP rate, and well below appraisal for quick sale.

Attachments & Media

Additional Details

Tax ID/APN: 87-09-32-200-043.000-002
Zoning: C-4
Total Number of Buildings: 1
Year Built: 1996
Year Renovated: 2017
Construction/Siding: Brick
Parking Type: Surface
Water Service: Municipal
Sewer Type: Municipal
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