Property summary
This profitable, established car wash in Cannon Falls, Minnesota, presents a unique owner-user opportunity. Located at 31241 County 24 Blvd, 55009, this 0.46-acre property boasts a 1985-built facility offering a diverse range of services. The business model caters to a broad customer base with two car bays, one truck bay, and a dedicated pet wash station, along with both self-serve and touchless automatic wash options. This is a rare opportunity, as it's one of the few car washes in town without express tunnels, making it the only location offering this combination of services. The property enjoys a prime location with close proximity to major retailers such as McDonald's, Subway, O'Reilly Auto Parts, and Ace Hardware, ensuring high visibility and convenient access for customers. The sale includes the building, business, and underlying real estate, structured as a net lease. The asking price is $650,000. This investment qualifies for bonus depreciation, offering significant tax advantages (consult your CPA for details). This is a turnkey operation with established clientele and strong potential for continued growth. The property is situated in Goodhue County.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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