500 Washington StOregon, IL 61061

For Sale
$162,000

Profitable Car Wash, High Traffic

Overview

Added:
Dec 11, 2024
Days on market:
94
This 1,600 square foot auto shop, located at 500 E Washington Street in Oregon, Illinois (zip code 61061), presents a compelling investment opportunity. Situated on the heavily trafficked Route 64, this single-story building boasts excellent visibility and accessibility. The property includes one automatic car wash bay, two manual wash bays, and three high-powered vacuum stations, providing a comprehensive car cleaning service. The 0.351-acre lot offers potential for expansion or further development. The property is zoned Commercial (Commr) and is currently operating as a turnkey business, presenting immediate income potential. Features include air conditioning. While the property is being sold as a foreclosure, it is well-maintained and offers significant potential for growth and increased profitability. This is an ideal acquisition for investors seeking a strong return on investment or entrepreneurs looking to establish a thriving business in a high-traffic location. The property is being sold as-is.

Highlights

  • Foreclosure property.
  • High-traffic location on Route 64 in Oregon, IL.
  • Turnkey auto shop with immediate income potential.
  • 1,600 sq ft building with one automatic and two manual car wash bays, plus three vacuum stations.
  • 0.351-acre lot with expansion potential.
  • Air conditioning.

Property Details for 500 Washington St

Property type
Other retail properties, Automotive properties
Square Feet
1,600 SF
Stories
1
Lot Size (sq. ft)
15,290 SF

Location Insight

City
Oregon
County
Ogle
State
Illinois
Latitude
42.0147049
Longitude
-89.3194522
500 Washington St, Oregon, Illinois
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500 Washington St
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