104 W Central St, Springfield, MN 56087
For Sale
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This exceptional investment opportunity presents a well-established car wash and laundromat located at 104 W Central Street in Springfield, Minnesota. The property boasts a combined operational area of 1,984 square feet, situated on a conveniently sized 0.18-acre lot. This turnkey business is ready for immediate operation, offering a significant return on investment for the discerning buyer. The existing infrastructure is in place, eliminating the need for extensive renovations or upgrades, allowing for a seamless transition to new ownership. The property's prime location in Springfield ensures high visibility and consistent customer traffic, contributing to its proven profitability. Financial records are available upon request, providing detailed insights into the business's performance and revenue streams. This is an ideal acquisition for an investor seeking a stable, income-generating asset in a thriving community. The sale includes all existing equipment and fixtures, making this a truly turnkey operation. The property is priced competitively at $119,900, representing an excellent value for a business with a demonstrated history of success. Serious inquiries are encouraged to explore this unique opportunity further. Don't miss out on this chance to own a profitable and established business in a desirable location. Contact us today to schedule a viewing and learn more about this exceptional investment.
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J & L Corner Car Wash & Laundromat 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
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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.