Full-Service Car Wash For
100 Stimpson St Watertown, WI 53094
For Sale
Contact for pricing
Full-service car wash with pet washing stations in Watertown, WI.
Property Size2,108 SF
Price / SF$260.44
Days on Market1552
Property Features for 100 Stimpson St
General Information
Standard status
Active
Size
2,108 SF
Property subtype
Retail, Industrial, Mixed Use
Building Details
Year Built
1993
Listing Agency:
Blackdeer Investment Group
Listed By:
Ryan Wagner · License #WI090192838
Source:
Crexi
Added: May 1, 2022
Changed: Jul 6
Last Checked: Jul 29 at 4:41PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Blackdeer Investment Group
Investment Insights
Based on property information with market context.
This full-service car wash is located in the heart of Watertown, Wisconsin, on a valuable riverfront property along the Rock River. The property is situated near a multitude of shopping venues. The car wash includes two additional pet washing stations built onto the west side of the building. All tools, welding machines, and equipment are included in the sale. Recent improvements include new brushes, an interior paint job, and updated heating equipment. The property size is 2,108 square feet.
Key Highlights
- Full‑service car wash business included in the sale.
- Valuable riverfront property location on the Rock River.
- All tools, welding machines, and equipment included.
Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $40.0k | $18.96 |
| − Vacancy | −$1.6k | −$0.76 |
| EGI | $38.4k | $18.20 |
| − OpEx | −$9.6k | −$4.55 |
| NOI | $28.8k | $13.65 |
2,108 SF · lease $18.96/SF/yr · vacancy 4.00% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$411.1K
$359.7K – $479.6K
NOI $28,777 @ 7.0% cap · market cap 5.24%
Second Best
Retail
$279.3K
$244.4K – $325.8K
NOI $19,549 @ 7.0% cap · market cap 3.56%
Theoretical Best
Office A
$457.9K
$400.7K – $534.3K
NOI $32,055 @ 7.0% cap · market cap 5.84%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Car wash - Full-service car wash with pet washing stations in Watertown, WI.
Where is this car wash located?
The property is located at 100 Stimpson St Watertown, WI.
What is the asking price?
The asking price for this property is $549,000.
What are key features of this property?
This property features: Full‑service car wash business included in the sale.; Valuable riverfront property location on the Rock River.; All tools, welding machines, and equipment included.