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    OFF-MARKET
    Car washes

    618 Mt Vernon St, Metamora, IL 61548-9822

    Entity Owned Absentee Owner Free & Clear
    Property ID
    US28-2117158
    Property summary
    AI-generated overview

    This established car wash business in Metamora, Illinois, presents a compelling investment opportunity. The 1,600 square foot facility, built in 1991, features a concrete block foundation and steel roof, ensuring durability. The property includes three bays: two manual bays and one automatic touchless bay equipped with turbo nozzles. Two double vacuum stations are also available for customer use. The building boasts steel doors on the equipment room and metal roll-up doors on each bay, both front and back. Practical features include a heated concrete apron (10-15 feet) in front and back of the automatic bay and smaller heated aprons (3-4 feet) for the manual bays. These heated aprons help prevent ice formation during winter months. The concrete floors incorporate a plastic tubing system for antifreeze delivery, further enhancing winter operation. A comprehensive security system with eight cameras is in place. The property is zoned C3 and is situated at 618 W Mt Vernon St, Metamora, IL 61548. The asking price is $450,000.

    Property profile
    Verified
    Property type Car washes
    Use group CAR WASH
    APN 09-19-210-007
    UPID US28-2117158
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
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    Comparable Approach Comparable
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    Blend (final) Blend
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    Owner & transaction history
    KLETTS CAR WASH INC
    KLETTS CAR WASH INC
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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