100 Stimpson St, Watertown, WI 53094
For Sale
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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.
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Car Bright Auto & Pet Wash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.