Current Use by Public Records
- D Best Car Wash / Car Wash
Property Details for 3456 Main St
- Lot size
- 0.45 lot acres
- Property type
- Specialty properties
- Property subtype
- Car washes
Description
This exceptional fee-simple car wash opportunity in Merrill, Wisconsin, presents a compelling investment prospect. The 3,960-square-foot facility, situated on a 0.45-acre lot, underwent a complete renovation in 2023, including new equipment and updated garage. The property boasts six parking spaces and benefits from a prime location on E. Main St., near the intersection of US Hwy 51, a high-traffic area with a combined 27,500 vehicles per day. Its strategic placement as an outparcel to a Tractor Supply anchored center, alongside McDonald's, ensures high visibility and strong tenant synergy. The surrounding area is densely populated with national retailers, including Walmart, Walgreens, and numerous fast-food chains, creating a robust retail corridor. Further enhancing its appeal is the proximity to Aspirus Merrill Hospital, a 25-bed facility that drives additional traffic. The 7-mile trade area encompasses over 15,000 residents and 7,000 employees, with an average household income of $90,813. The property is zoned for Thoroughfare Commercial use and offers the potential for implementing a subscription model to further grow the customer base. The asking price is $499,000, translating to $126.01 per square foot. This turnkey operation presents a value-add opportunity with significant upside potential. The property's APN is 251-3106-182-0136.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Merrill
- County
- Lincoln
- State
- Wisconsin
- Longitude
- -89.6503
- Latitude
- 45.1785
