501 Main St Waukesha, WI 53186-5141
This profitable, well-established car wash located at 501 East Main Street, Waukesha, Wisconsin, presents a unique investment opportunity. Built in 1960 and extensively renovated in 2006, this tunnel-type car wash boasts a prime location in a high-traffic area, zoned B-3 (General Business). The 0.33-acre lot features a main building with a lower level for mechanicals, a durable rubber and metal roof, and a spacious bay ideal for detailing services. The car wash is equipped with a VFD system, Sonny Log-Chain track, a hydronic system, and a water treatment system, ensuring efficient and effective operation. Six vacuum stations further enhance customer convenience. With a capacity to clean over 50 cars per hour, this business has a proven track record of success. The property includes 600 amps/480 volts of power. The assessed value is $296,600, and 2021 taxes totaled $6,115.38. The property's APN is WAKC1302051. This turnkey operation is offered at $399,000 and represents a compelling investment in a thriving Wisconsin community. The property's strong performance and established clientele make it an attractive prospect for a savvy investor seeking a stable and profitable business venture. The combination of its prime location, modern equipment, and high cleaning capacity positions this car wash for continued success.
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Trackside Car Wash 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
B-3 · Waukesha, WIWaukesha. Always verify with local authorities before improvements.
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.