3417 Franklin St - Car Washes FOR SALE


Michigan City, IN 46360
$1,350,000 USD
574-286-9159
3417 Franklin St, Michigan City, IN for Sale
$1,350,000 USD
Car Washes - FOR SALE
1/12
null | Request Cap Rate

3417 Franklin St
Michigan City, IN 46360


HIGHLIGHTS

  • High Quality Car Wash/Auto Detailing Spa With Loyal Client Base Available For Sale

OVERVIEW

Victory Lane Auto Spa is now available for purchase. The property consists of a 0.793-acre parcel featuring a two-tunnel car wash building. One tunnel for the automatic car wash and the other tunnel for the auto detailing services area. Located with convenient access off Franklin Street, the car wash structure encompasses approximately 4,702 square feet, with a total land area of 34,543 square feet. The roof is in excellent condition, and all equipment is fully operational, allowing a new owner to continue operations without the need for significant immediate capital investment. The property at 3417 West Franklin Street sits in a busy, highly visible commercial corridor of Michigan City, just south of U.S. 20 and nestled on a nearly 0.8-acre lot. Currently operating as Victory Lane Auto Spa, the 4,702 sq ft building benefits from strong vehicle traffic, with a steady stream of customers from nearby auto dealerships and the local community. It is easily accessible: just a few minutes south of the South Shore Line’s 11th St. and Carroll Ave. stations, and only off U.S. 20 for convenient regional connections.

FOR SALE DETAILS

PRICE

$1,350,000 USD

PRICE/SF

$287 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

-

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

-

YEAR BUILT

1959

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.84 AC

LAND SF

36,590 SF

ZONING

Commericial

APN/PARCEL ID

46-05-05-277-029.000-009

ASK ABOUT THIS PROPERTY

Roy RoelkeNAI CressyMore Info
574-286-9159

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Roy RoelkeNAI CressyMore Info
574-286-9159

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.