Freestanding Full-Service Car
For Sale
Contact for pricing
2404 West Washington Street, West Bend, WI 53090
Freestanding full-service/flex car wash on a high-traffic I-43 corridor, positioned for convenient customer access.
Property Size9,248 SF
Price / SF$161.66
Days on Market143
Property Features for 2404 West Washington Street
General Information
Standard status
Active
Size
9,248 SF
Class
A
Property subtype
Retail, Special Purpose, Business for Sale
Zoning
B-1 Community Business District, (https://www.ci.west-bend.wi.us)
Investment Type
Owner/User
Additional Details
Business Included
Yes
Highway Access
Yes
Building Details
Year Built
1996
Buildings
1
Tenancy
Single
Listing Agency:
Realty Executives Integrity Brookfield
Listed By:
Larry Giorgi · License #WI
Source:
Crexi
Added: Jun 2
Changed: Oct 19
Last Checked: Oct 20 at 9:15PM
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 Realty Executives Integrity Brookfield
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This sale opportunity features a well established full service/flex car wash operated from a freestanding building. The property is configured for ongoing car wash operations and is offered as a single-purpose automotive facility through exclusive listing arrangements.
The site is positioned on a high traffic retail corridor along the I-43 and Hwy 33 corridor in the Northwest Metropolitan Milwaukee area. This location is intended to support customer visibility and drive-by access for daily operations.
For buyers seeking an operating automotive wash facility, this property provides a dedicated site for full service and flex use within the existing car wash building. The combination of a freestanding structure and a corridor-based placement can support an efficient customer flow and straightforward use for an experienced operator or an owner-operator looking to acquire an established car wash business.
The site is positioned on a high traffic retail corridor along the I-43 and Hwy 33 corridor in the Northwest Metropolitan Milwaukee area. This location is intended to support customer visibility and drive-by access for daily operations.
For buyers seeking an operating automotive wash facility, this property provides a dedicated site for full service and flex use within the existing car wash building. The combination of a freestanding structure and a corridor-based placement can support an efficient customer flow and straightforward use for an experienced operator or an owner-operator looking to acquire an established car wash business.
Key Highlights
- Freestanding full‑service/flex car wash building
- Built in 1996
- Located on a high‑traffic retail corridor along the I‑43/Hwy 33 corridor
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$112,330
Cap Rate
7.51%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,246,600
$2.2M
Cap Rate 7%
$1,604,714
$1.6M
Cap Rate 9%
$1,248,111
$1.2M
Market Conditions
NOI Build-Up for 9,248 SF
Gross rent
$166.5K $18.00/SF
− Vacancy
−$6.0K −$0.65/SF
EGI
$160.5K $17.35/SF
− OpEx
−$48.1K −$5.21/SF
NOI
$112.3K $12.15/SF
Area
Washington County, WI
Vacancy
3.60%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,246,600
Cap Rate 7%
$1,604,714
Cap Rate 9%
$1,248,111
Alternative Uses
Best Use
Retail
$1.60M
$1.40M – $1.87M
NOI $112,330 @ 7.0% cap · market cap 7.51%
Second Best
Specialty Retail
$1.43M
$1.25M – $1.67M
NOI $100,295 @ 7.0% cap · market cap 6.71%
Theoretical Best
Office A
$2.54M
$2.22M – $2.97M
NOI $177,969 @ 7.0% cap · market cap 11.90%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
353
Businesses Nearby
Explore this area
Business Placement
Demographics for 53090, WI
21,478
Population
9,247
Households
2.3
Avg Household Size
43
Median Age
29%
College-Educated
95%
High-School Grad
57.9 sq mi
ZIP Area
371
Density / Sq Mi
$87,786
Median Household Income
$49,156
Median Earnings
$1,132
Median Rent
$267,500
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Car wash - Freestanding full-service/flex car wash on a high-traffic I-43 corridor, positioned for convenient customer access.
Where is this car wash located?
The property is located at 2404 West Washington Street West Bend, WI.
What is the asking price?
The asking price for this property is $1,495,000.
What are key features of this property?
This property features: Freestanding full‑service/flex car wash building; Built in 1996; Located on a high‑traffic retail corridor along the I‑43/Hwy 33 corridor
