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Three-Bay Car Wash Building
For Sale
$1,998,000

602 Friend Way, Lebanon, IN 46052

Interstate-oriented car wash with office, storage, conference, equipment, and break room areas.

Property Size10,400 SF
Lot Size1.79 Acres
Price / SF$192.12
Days on Market31

Property Features for 602 Friend Way

General Information

Standard status Active
Size 10,400 SF
Lot size 1.79 Acres

Additional Details

Highway Access Yes
Car Wash Bays 3

Amenities

office
storage/conference rm
equipment rm
break rm

Building Details

Year Built 2016
Buildings 1
Listing Agency: Kelly Commercial RE
Listed By: Tammy Kelly · License #RB14034782
Source: Mcwatersrealestate
Added: Jul 31 Changed: Aug 29 Last Checked: Aug 29 at 6:51PM

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 Kelly Commercial RE

Investment Insights

Based on property information with market context.

This 10,400-square-foot car wash property was built in 2016 and includes three wash bays. The building also provides an office, storage and conference room, equipment room, and break room, supporting both wash operations and administrative functions.

The property occupies 1.79 acres at 602 Friend Way in Lebanon, Indiana, with approximately 210 feet of frontage along I-65. It is located just off I-65 at Exit 140 and borders the LEAP Innovation District. The property is offered for sale; please do not disturb the current business.

Key Highlights

  • 10,400‑square‑foot car wash property built in 2016
  • Three wash bays plus office, storage/conference, equipment, and break rooms
  • Situated on a 1.79‑acre lot

Property Analytics

Current Use

Mike's Five Star ... Car Wash

Suggested Use

Top Pick Real Estate Agency Hair Salon Pharmacy Spa & Massage Center Building Supply Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Yes
Highway access

Location Intelligence

Trade Area within ½ mile

193
Businesses Nearby
212k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 53% Shops & Services 32% Home Improvements & Furnishings 13% Hotels & Casinos 3%
McDonald's Dining
43,716 visits/mo 0.4 miles
Shell Shops & Services
38,534 visits/mo 0.2 miles
Menards Home Improvements & Furnishings
27,227 visits/mo 0.2 miles
Lebanon #2 Shops & Services
18,572 visits/mo 0.5 miles
White Castle Dining
14,554 visits/mo 0.3 miles

Demographics for 46052, IN

22,783
Population
9,935
Households
2.3
Avg Household Size
41
Median Age
26%
College-Educated
90%
High-School Grad
177.6 sq mi
ZIP Area
128
Density / Sq Mi
$66,828
Median Household Income
$43,933
Median Earnings
$911
Median Rent
$200,300
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Car wash - Interstate-oriented car wash with office, storage, conference, equipment, and break room areas.
Where is this car wash located?
The property is located at 602 Friend Way Lebanon, IN.
What is the asking price?
The asking price for this property is $1,998,000.
What are key features of this property?
This property features: 10,400‑square‑foot car wash property built in 2016; Three wash bays plus office, storage/conference, equipment, and break rooms; Situated on a 1.79‑acre lot
More about this property
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