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    31241 County 24 Blvd, Cannon Falls, MN 55009

    0.46 ac lot Built 1985
    Property ID
    Property summary
    AI-generated overview

    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
    Verified
    Property type Specialty properties
    Year built 1985
    Lot 0.46 ac (20,038 SF)
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Cannon mall car wash Car Wash
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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