Property summary
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
VerifiedCap rate & NOI
Current use
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Car Wash
Location
Value estimations
Owner & transaction history
Zoning & alternative use
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
ZO01 · Elkhart, INZoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
Zoning designation
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The district profile from the municipal source: what is on file for ZO01 in Elkhart, IN.
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