3195 Spencer St Appleton, WI 54914-4308
This exceptional investment opportunity presents a vacant, well-maintained car wash in Appleton, Wisconsin. Located at 3195 W Spencer St, this 2,632 square foot building sits on a 1.6-acre lot, offering significant potential for expansion or additional income streams from the vacant land. The property features three self-serve bays and two automatic bays, along with three coin-operated vacuum stations. The clean mechanical room and floor drains contribute to efficient operation. The property is zoned C1 General Commercial and benefits from a strong location surrounded by residential properties, including Badger Elementary School, Super Pantry Food Mart, and Evergreen Ridge Apartments, ensuring high visibility and consistent customer traffic. The asking price is $375,000, translating to $142.48 per square foot. This single-story building presents a turnkey opportunity for an owner-user or an investor seeking a profitable venture in a desirable location. The property's size and location make it an ideal candidate for expansion or redevelopment, maximizing return on investment. This is a rare chance to acquire a well-established car wash business with significant upside potential.
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Best Wash Car Wash
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Best Wash of Grand Chute 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.