Car Wash In Freeport For Sale

Retail-Commercial for Sale
Catylist Listing ID: 30747219
Property Subtypes: Car Wash
Building Size (RSF): 2,300 SF
Gross Building Area: See Agent
Sale Price: $725,000
Unit Price: $315.22 PSF
Property Use Type: Investment
Sale Terms: Cash to Seller
Cap Rate: Undisclosed
Last Updated: 7/14/2021

Overview / Comments

Great opportunity to own a completely upgraded carwash. Five bays with two automatic washes. List of updates include new front doors ( made taller for large vehicles ), new wall liners, new credit card system for all the bays. New Laser 4000 installed in automatic bays. New vacuum island systems. Floor heat in all bays and heat in equipment room. Over 500k in upgrades and improvements made. Average daily traffic count per IDOT is 10,400.

Financials

Finance Data Year 2021
Real Estate Taxes - Annual($) $6,696 (Annual)
Gross Operating Income $65,000 (Annual)

Additional Details

Nearest MSA: Freeport
County: Stephenson
Tax ID/APN: 18-01-279-002
Retail Clientele: Other
Property Visibility: Excellent
Total Number of Buildings: 1
Number of Stories: 1
Property Condition: Excellent

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Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 9,981 26,206 31,243
Median Age: 40.17 41.58 42.58
Households: 4,169 11,284 13,309

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