Automatic drive through Car wash
Special Purpose
for Sale
| Catylist Listing ID: |
30820567 |
| Building Size (RSF): |
4,040 SF
|
| Gross Land Area: |
0.55 Acres
|
| Sale Price: |
$950,000 |
| In Opportunity Zone? |
Yes |
| Property Use Type: |
Business |
| Usable Size (USF): |
4,040 SF |
| Sale Terms: |
Cash to Seller |
| Cap Rate: |
Undisclosed |
| Last Updated: |
6/3/2023 |
Overview / Comments
|
Looking for a great INVESTMENT PROPERTY in a great location! This is it! An automatic tunnel Car Wash located on a stretch of Wabash St where Rt 13 & Rt 15 run together. (Rt 13 & Rt 15 are the main north-south travel arteries through the county). Also the property is adjacent to the beloved Wabash Riverwalk and Wabash River. This car wash has been run by the same family for 30 years. There are 2 additional garage spaces in the building that could be rented out or expand the services. In 2019 the tunnel was lengthened and the car wash components were updated. New roof. There is a current survey completed. There is a lot of renovation and progress happening in the immediate area.
|
Additional Details
| Nearest MSA: |
Wabash |
| County: |
Wabash |
| Taxing Authority: |
Wabash City |
| Tax ID/APN: |
85-14-14-104-054.000-009, 85-14-14-104-055.000-009 |
| Zoning: |
HD- HISTORIC DOWNTOWN |
| Property Located Between: |
Wabash River & Fulton St |
| Property Visibility: |
Excellent |
| Largest Nearby Street: |
Miami St |
| Feet of Frontage: |
120 |
| Highway Access: |
St Rd 15 & St Rd 13 |
| Airports: |
Wabash Municipal Airport . Ft Wayne International 45 minutes |
| Site Description: |
Level .545 ac site all paved |
| Area Description: |
Located just south of downtown Wabash on Wabash St or St Rd 15 & 13 that runs north and south through Wabash. |
| Total Number of Buildings: |
1 |
| Number of Stories: |
1 |
| Typical SF / Floor: |
4,040 SF |
| Property Condition: |
Good |
| Year Built: |
1981 |
| Roof Type: |
Flat |
| Construction/Siding: |
Block, Brick |
| Exterior Description: |
Block and Brick structure. Good overall condition |
| Parking Type: |
Surface |
| Parking Description: |
Off street asphalt parking area |
| Sprinklers: |
None |
| Heat Type: |
Natural Gas, Hot Water |
| Internet Access: |
Cable, Fiber Optic |
| Zoning Description: |
HD- Historic Downtown |
| Lot Frontage: |
120' |
| Lot Depth: |
166+- |
| Water Service: |
Municipal |
| Sewer Type: |
Municipal |
| Easements Description: |
Normal utility easements |
| Land Ownership: |
Fee simple |
| Legal Description: |
PT NW1/4 14-27-6 FLYNNS S 50' LOT 6 &5' VAC ALLEY & MURPHYS W PT LOTS17 & 18 & PT VAC RACE ST & PT VAC ALLEY |
Demographic Statistics
| Proximity: |
1 mile |
3 miles |
5 miles |
| Total Population: |
3,423 |
10,845 |
14,617 |
| Median Age: |
35.91 |
41 |
42.26 |
| Households: |
1,340 |
4,547 |
6,019 |
|
© Copyright 2001-2023 Moody's. All Rights Reserved.
The information presented herein is provided as is, without warranty of any kind.
Neither Indiana Commercial Board of REALTORS® nor
Moody's assume any liability for errors or omissions.
|
