516 Freeport St - Car Washes FOR SALE


Elk River, MN 55330- Clemens & Munsinger Gardens
$875,000 USD
425-753-1211
516 Freeport St, Elk River, MN for Sale
$875,000 USD
Car Washes - FOR SALE
1/3
null | Request Cap Rate

516 Freeport St
Elk River, MN 55330
Clemens & Munsinger Gardens


HIGHLIGHTS

  • Owner/User Opportunity – Opportunity to acquire the business, building, and underlying real estate
  • Consumer Versatility – Business offers express wash options, detailing, and a pet wash station providing a variety of selections to cater to customers
  • Turnkey Operations – Fully staffed, branded, and operational with established systems, website, and a monthly membership model in place
  • Affluent Area – $130,327 average household income within a 3-mile radius
  • Equipment Condition – Equipment operating in excellent working order, with recent improvements to the tunnel equipment and replacing conveyor & chain
  • Tax Benefits – Car washes qualify for 100% bonus depreciation in first year of ownership which can create higher returns on investments

OVERVIEW

Kurt Sauer License No. 40841922 (MN) (866) 889-0550 Matthews Real Estate Investment Services, Inc 701 Xenia Ave S, Ste 485 Minneapolis MN 55416

FOR SALE DETAILS

PRICE

$875,000 USD

PRICE/SF

$150 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

DOLPHIN CAR WASH

PROPERTY TYPE

Specialty

PROPERTY SUBTYPE

Car Washes

TOTAL BUILDING SIZE

-

STORIES

1

BUILDING CLASS

C

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,374 SF

ZONING

-

APN/PARCEL ID

75-454-0130

ASK ABOUT THIS PROPERTY

Ayman SultanMatthews Real Estate Investment ServicesMore Info
425-753-1211

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

Ayman SultanMatthews Real Estate Investment ServicesMore Info
425-753-1211

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