Property summary
This exceptional opportunity presents a well-established, high-quality car wash business in Michigan City, Indiana, for sale at $1,500,000. The 4,702 square foot facility, built in 1959, sits on a 0.79-acre lot with Commercial zoning. Victory Lane Auto Spa boasts a best-in-class tunnel car wash, complemented by unique hand-drying techniques and premium detailing services. Its prime location in a high-traffic area ensures excellent visibility and accessibility, attracting a loyal customer base from residents, dealerships, and tourists. The business benefits from recently installed, top-of-the-line equipment, ample space for multiple detailing areas, and efficient operational assembly, ensuring smooth service even during peak demand. The established reputation for personalized care and customer satisfaction fosters strong repeat business. With Michigan City's growth and tourism increase, opportunities exist for expansion through added services, marketing, or subscription packages. This turnkey operation offers a strong foundation for continued success and market capitalization. The single-unit building is classified as Class B. This is an ideal investment for entrepreneurs seeking a profitable, community-loved business with a proven track record of excellence.
Property profile
VerifiedCap rate & NOI
Current use
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Car Wash
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Derived from the Michigan City market rent, vacancy and expense benchmarks for this use type.
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning