110 E Water St, Borden, IN 47106
For Sale
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This exceptional investment opportunity presents a thriving car wash business located at 110 E Water Street, Borden, Indiana. The property encompasses a substantial 0.22-acre lot and features a 1,908 square foot building constructed on a durable concrete foundation. The car wash operation itself includes a double in-bay automatic car wash system, ensuring efficient and high-volume cleaning capabilities. Adding to its revenue streams are three coin-operated self-service bays, providing customers with additional cleaning options. Further enhancing customer convenience are three coin-operated self-service vacuum stations located conveniently at the front of the property. The business is currently operating as "Suds Bucket super wash". This turnkey operation offers immediate income potential and presents a rare opportunity to acquire an established and profitable business in a desirable location. The property's size and existing infrastructure provide ample room for potential expansion or further development, allowing for future growth and increased profitability. The strategic location in Borden, Indiana, ensures high visibility and accessibility for a wide range of customers. This is a remarkable chance to own a well-established and profitable car wash business with significant upside potential. The sale includes all existing equipment and fixtures. Serious inquiries only.
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.