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1004 W Eldorado St - Decatur Car Wash - Two Properties

3,755 SF Speciality Building Offered at £979,125 at a 8.67% Net Initial Yield in Decatur, IL 62522

Investment Highlights

  • Exceptional Car Wash Package
  • Presenting a unique opportunity to acquire a package of two well-maintained car washes, each offering a blend of manual and automatic bays
  • Ideal 1031 Exchange or Owner-Operator Opportunity
  • Ideal for maximizing customer convenience and revenue.

Executive Summary

Exceptional Car Wash Package - Ideal 1031 Exchange or Owner-Operator Opportunity
Presenting a unique opportunity to acquire a package of two well-maintained car washes, each offering a blend of manual and automatic bays, ideal for maximizing customer convenience and revenue.
Car Wash 1:
8 Bays Total: 2 Automatic, 6 Manual
Special Features: Includes 1 dedicated truck bay and conveniently located vacuums, catering to a wide range of vehicles.
Car Wash 2:
6 Bays Total: 2 Automatic, 4 Manual
Bonus Features: Equipped with vacuums and a dedicated pet washing station, offering additional services to attract more customers.
These high-traffic locations are perfect for an owner-operator looking to expand their business or a savvy investor seeking a 1031 exchange opportunity. Don’t miss out on this rare chance to own a cash-flowing asset in a growing market.
Contact Main Place Properties today for more information and to schedule a viewing.

Property Facts

Price £979,125
Price Per SF £261
Sale Type Investment
Net Initial Yield 8.67%
Property Type Speciality
Property Subtype Car Wash
Building Class C
Lot Size 0.55 AC
Building Size 3,755 SF
Number of Floors 1
Year Built 2013

Amenities

  • Signage
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-12-15-102-018
Land Assessment
£13,337
Improvements Assessment
£109,751
Total Assessment
£123,088

zoning

Zoning Code C (Commercial)
C (Commercial)
  • Listing ID: 32985670

  • Date on Market: 28/08/2024

  • Last Updated:

  • Address: 1004 W Eldorado St, Decatur, IL 62522

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