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Decatur Car Wash - Two Properties 3241 N Woodford St

4,310 SF 100% Leased Retail Building Decatur, IL 62526 £984,150 (£228/SF) 8.67% Net Initial Yield

Investment Highlights

  • Ideal 1031 Exchange or Owner-Operator Opportunity
  • Car Wash 1 (Woodford): 8 Bays Total: 2 Automatic, 6 Manual
  • high-traffic locations are perfect for an owner-operator looking to expand their business
  • Presenting a unique opportunity to acquire a package of two well-maintained car washes, each offering a blend of manual and automatic bays
  • Car Wash 2 (Eldorado): 6 Bays Total: 2 Automatic, 4 Manual

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

Sale Type
Investment
Property Type
Retail
Building Size
4,310 SF
Year Built
1997
Price
£984,150
Price Per SF
£228
Net Initial Yield
8.67%
NOI
£85,326
Percent Leased
100%
Number of Floors
1
Building FAR
0.07
Land Acres
1.39 AC
Zoning
Commercial - Commercial

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
07-07-35-480-013
Land Assessment
£44,200
Improvements Assessment
£95,223
Total Assessment
£139,423
  • Listing ID: 32985821

  • Date on Market: 28/08/2024

  • Last Updated:

  • Address: 3241 N Woodford St, Decatur, IL 62526

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