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    Property profile & analytics
    FOR SALE
    Commercial real estate

    100 Stimpson St, Watertown, WI 53094

    0.62 ac lot
    Individually Owned 10-yr Hold Free & Clear
    Property ID
    US92-0395840
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Commercial real estate
    Use group COMMERCIAL (GENERAL)
    Lot 0.62 ac (27,051 SF)
    APN 291-0815-0433-006
    UPID US92-0395840
    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
    • Car Bright Auto & Pet Wash Car Wash
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    by Request
    Owner & transaction history
    Arthur J Lenius · 10 yrs held
    Arthur J Lenius
    since 2015
    2 recorded transactions
    2016
    2015
    $120,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    More about this property
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