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    100 Stimpson St Watertown, WI 53094

    For Sale
    $770,000

    Profitable Car Wash, Riverfront, High Traffic

    Property size:
    2,108 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    366
    This exceptional investment opportunity presents a thriving, full-service car wash located at 100 Stimpson Street in Watertown, Wisconsin. Boasting a prime location in the heart of the city, this business benefits from high traffic volume and proximity to numerous shopping venues. The 2,108 square foot building sits on a 0.62-acre lot (27,007 square feet of land), offering significant potential for future expansion or development. The asking price is $770,000, translating to $400.85 per square foot and $31.29 per square foot of land value. This is the only full-service car wash in Watertown, ensuring a strong market position. The property includes two additional pet washing stations conveniently located on the west side of the building, adding a unique revenue stream. All equipment, including tools and welding machines, is included in the sale. Recent improvements include a fresh interior paint job, new brochures, and updated heating equipment, demonstrating a commitment to maintaining a high standard of operation. The property's riverfront location adds to its desirability and potential for increased visibility and appeal. This is a rare opportunity to acquire a well-established, profitable business with significant growth potential in a desirable location.

    Property Features for 100 Stimpson St

    General Information

    Property type
    Automotive properties
    Square Feet
    2,108 SF
    Lot Size
    27,007 SF

    HighLights

    • Exceptional investment opportunity in prime city center location.
    • Exclusive full‑service car wash; only one in the city.
    • Desirable riverfront property.
    • 27,007 square foot land parcel.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Car Bright Auto ... Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Watertown
    County
    Jefferson
    State
    Wisconsin
    Longitude
    -88.7294381
    Latitude
    43.1833866

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    FAQs

    What type of property is this?
    Automotive property - Profitable Car Wash, Riverfront, High Traffic
    Where is this automotive property located?
    The property is located at 100 Stimpson St Watertown, WI.
    What is the asking price?
    The asking price for this property is $770,000.
    What are key features of this property?
    This property features: Exceptional investment opportunity in prime city center location.; Exclusive full-service car wash; only one in the city.; Desirable riverfront property.
    Request Owner's contact information
    100 Stimpson St Watertown, WI 53094
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    Watertown, WI 53094
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    100 Stimpson St Watertown, WI 53094
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