423 Washington St Junction City, KS 66441-3748
This exceptional investment opportunity presents a thriving car wash business situated at 423 S Washington St, Junction City, Kansas, 66441. The property boasts a substantial lot size, offering significant potential for expansion or redevelopment. Currently operating as a car wash, the facility includes five wash bays, one of which is an automated bay equipped with a blow dryer. Two vacuum islands, each with two vacuums, provide added customer convenience. A covered area houses vending and coin-operated machines, generating additional revenue streams. The building's square footage is estimated between 2,500 and 3,000 square feet. This established car wash is ideally positioned on a prominent corner lot along one of Junction City's main thoroughfares, ensuring high visibility and consistent traffic flow. The asking price for this turnkey operation is $125,000. The property's strategic location and existing infrastructure present a compelling opportunity for both established entrepreneurs and new business ventures. Whether continuing as a car wash or repurposing the space, this property offers significant upside potential in a growing market. The property is located in Geary County.
"CSR" Service Commercial Restricted District. A district designed to provide for those businesses and commercial uses which draw their customers from motorists on the highway, or for whom a location on a highway or arterial street is especially useful or necessary. Although some of the typical retail uses are permitted in other commercial districts, most of…
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2022Comparables
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
CSR · Junction City, KS"CSR" Service Commercial Restricted District. A district designed to provide for those businesses and commercial uses which draw their customers from motorists on the highway, or for whom a location on a highway or arterial street is especially useful or necessary. Although some of the typical retail uses are permitted in other commercial districts, most of these permitted uses in this district would not blend well into a prime retail area. 14. "CSS" Commercial Service Special District. Commercial Service Special District is designed for a very narrow blend of Special Purpose Business. 15. "IR" Restricted Industrial District. A district designed to permit light manufacturing and processing uses which shall be carried on within an enclosed structure. 16. "IL" Light Industrial District. A district designed to permit light manufacturing and processing uses. 17. "IH" Heavy Industrial District. A district designed to permit those industrial uses which by their very nature cannot be compatible with adjacent districts. 18. "AP" Airport District. A district designed to accommodate airports and certain uses which are associated with airports. 19. "IP" Industrial Park District. A district designed to permit a broad range of industrial activities within certain limitations. 20. "LR" Land Reserve District. A district designed to accommodate unimproved public land reserved for maintenance of an area in a generally natural environment for leisure and/or scenic purposes. 21. "PDD" Planned Development District. A district designed to accommodate flexible land use when traditional zoning regulations are difficult or impossible to implement. B. From time to time, planned development districts may also be established pursuant to the provisions of Chapter 435 of this Title.
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.
