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515 E Lexington Avenue, Elkhart, IN

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515 E Lexington Avenue

Elkhart, IN 46516-3504 - Downtown Elkhart Submarket


Property Type:Specialty Sub Type:Car Wash Status:Existing Year Built:1999
Stories:1 Typical Floor:5,488 SF Building Size:5,488 SF
For Sale Price:$450,000 Price/SF:$82.00
Cap Rate:-
Parking:Free Surface spaces are available; Ratio of 6/1,000 SF Amenities:Signage


Property Description:
Full Service Car Wash. Extablished over 50 years. Profitable operation. Equipment and Trade Name included in selling price.

Sale Notes:
Rocket Car Wash is an iconic full service car wash which has been in continuous operation for over 58 years and the current owner has operated it since 2008. This full service car wash specializes in exterior cleaning, waxing and hand-wiping. The fully computerized 150-foot tunnel houses vacuums, sponge wraps, pre-soak arch, foaming soak arch, 2 sets of curtains, rocker panel wraps, foam wax arch, hot wax arch, rinsing arch, under body wash, blowers, tunnel controller, and a POS system. This well maintained business is a consistent cash generator year-round. All equipment was updated 3 years ago. The customer lounge/ lobby was updated a year ago. The heating and cooling has been updated recently. This would be a great opportunity for an owner operator to increase the business while reducing expenses. The property consists of 1 building situated on approximately 0.24 acres located off East Lexington Avenue. The property is nestled between several large proposed commercial and residential projects totaling $50M in investments including the proposed foundry project, making this an ideal site with future growth potential.

Berkshire Hathaway Home Services- Northern Indiana
Lori Snyder
(844) 780-2600




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