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    FOR SALE
    Self service car washes

    104 W Central St, Springfield, MN 56087

    1,984 SF Built 1930
    Individually Owned Absentee Owner Free & Clear
    Property ID
    US46-2437323
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Self service car washes
    Use group CAR WASH - SELF-SERVE
    Year built 1930
    Total area 1,984 SF
    APN 003.020.004.09.090
    UPID US46-2437323
    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
    • J & L Corner Car Wash & Laundromat 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
    JERRY HAUTH
    JERRY HAUTH
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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