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    OFF-MARKET
    Car washes

    812 Main St, Elkhart, IN 46516-3712

    1.14 ac lot Built 1985
    Entity Owned 1-yr Hold Free & Clear
    Property ID
    US31-0138037
    Property summary
    AI-generated overview

    This established self-service car wash, known as Mr. Bubbles, presents a unique investment opportunity in Elkhart, Indiana. Located at 812 S Main St, this 1.14-acre property boasts a prime location on the south side of the city, offering high visibility and convenient access for customers. Built in 1985, the car wash operates 24/7, catering to a wide range of vehicles, including RVs and semi-trucks. The substantial lot size presents significant potential for expansion, allowing for the addition of services or even the development of complementary businesses such as a gas station or convenience store. The asking price for this turnkey operation is $280,000. This presents a rare chance to acquire an established business with considerable room for growth in a thriving Indiana community. The property's size and location make it an attractive prospect for investors seeking a strong return on investment in a stable market. Don't miss this chance to own a piece of Elkhart's commercial landscape. The property is zoned for commercial use and is ready for immediate operation or expansion. This is an exceptional opportunity for an entrepreneur looking to enter the car wash industry or for an investor seeking a profitable addition to their portfolio. The property's existing infrastructure and ample space provide a solid foundation for future success.

    Property profile
    Verified
    Property type Car washes
    Use group CAR WASH
    Year built 1985
    Lot 1.14 ac (49,789 SF)
    Zoning code ZO01
    APN 20-06-08-227-006.000-012
    UPID US31-0138037
    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
    Current use
    Occupant on record · Public records
    • Mr Bubbles Car Wash Car Wash
    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
    by Request
    Owner & transaction history
    City Of Elkhart Indiana Department · 1 yrs held
    City Of Elkhart Indiana Department
    since 2025
    4 recorded transactions
    2025
    2022
    2010
    2009
    Zoning & alternative use
    ZO01 · Elkhart, IN
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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