Car Wash Corner
203 NICOLET Boulevard Neenah, WI 54956
203 NICOLET Boulevard, Neenah, WI, 54956
Contact for pricing
For Sale
Contact for pricing
For-sale car wash property on a corner lot in downtown Neenah with options to restore to one bay and 3-bay self-serve.
Property Size3,796 SF
Price / SF$65.83
Days on Market66
Property Features for 203 NICOLET Boulevard
General Information
- Standard status
- Active
- Size
- 3,796 SF
- Property subtype
- Special Purpose
Building Details
- Year Built
- 2002
Listing agency
Rooted Realty
(920) 619-7439
Listed by
Hayley Gracyalny · License #60574-90
Source
Crexi
Added: May 19 Updated: Jul 23 at 2:35AM Checked: Jul 23 at 2:35AM
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 Rooted Realty
Investment Insights
Based on property information with market context.
This for-sale car wash property sits on a great corner lot and is being marketed with multiple development and repositioning paths. The seller is willing to get the car wash working again as a one-bay car wash with a 3-bay self-serve setup, or consider alternative approaches including building to suit or flattening the lot, depending on the buyer’s plans.
The property is located in the heart of downtown Neenah, WI, positioning it for continued car wash use or redevelopment. Serious buyers and brokers should review the seller’s stated flexibility when evaluating design, scope, and timelines for the site.
Whether you are looking to restore the existing concept or reimagine the corner lot under a new layout, this asset offers straightforward, project-ready choices based on the seller’s described options.
The property is located in the heart of downtown Neenah, WI, positioning it for continued car wash use or redevelopment. Serious buyers and brokers should review the seller’s stated flexibility when evaluating design, scope, and timelines for the site.
Whether you are looking to restore the existing concept or reimagine the corner lot under a new layout, this asset offers straightforward, project-ready choices based on the seller’s described options.
Key Highlights
- 0.72‑acre corner lot in downtown Neenah with a for‑sale car wash property
- Year built: 2002
- Seller is willing to restore the car wash to a one‑bay configuration and 3‑bay self‑serve setup
Local Financial Insights For Industrial
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 | $29.6k | $7.80 |
| − Vacancy | −$2.8k | −$0.73 |
| EGI | $26.8k | $7.07 |
| − OpEx | −$8.1k | −$2.12 |
| NOI | $18.8k | $4.95 |
3,796 SF · lease $7.80/SF/yr · vacancy 9.33% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$731.0K
$639.7K – $852.9K
NOI $51,172 @ 7.0% cap · market cap 20.48%
Second Best
Retail
$521.0K
$455.9K – $607.8K
NOI $36,470 @ 7.0% cap · market cap 14.59%
Theoretical Best
Office A
$819.3K
$716.9K – $955.9K
NOI $57,352 @ 7.0% cap · market cap 22.95%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self service car ...
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FAQs
What type of property is this?
Self service car wash - For-sale car wash property on a corner lot in downtown Neenah with options to restore to one bay and 3-bay self-serve.
Where is this self service car wash located?
The property is located at 203 NICOLET Boulevard Neenah, WI.
What is the asking price?
The asking price for this property is $249,900.
What are key features of this property?
This property features: 0.72‑acre corner lot in downtown Neenah with a for‑sale car wash property; Year built: 2002; Seller is willing to restore the car wash to a one‑bay configuration and 3‑bay self‑serve setup
