901 Adj W 9th St, Muncie, IN 47302
This exceptional turn-key car wash business in Muncie, Indiana presents a lucrative investment opportunity. Located at 901 W 9th St, this single-story, 2,843 square foot facility sits on a spacious 26,350 square foot lot, zoned for Business Variety (APN: 18-11-16-454-002.000-003). Built in 1979, the property boasts a recently updated roof (approximately 5 years old, per seller). The car wash features five manual wash bays, supplemented by two to three vacuum/shampoo islands, along with coin-operated product and vending machines. A crucial water reclamation system is also in place. The business model is entirely coin-operated, generating consistent income. Real estate taxes for 2024 are estimated at $2,082. This established car wash offers a seamless transition for a new owner, with all the necessary equipment and infrastructure in place for immediate profitability. The asking price for this exceptional property is $270,000, representing a price per square foot of $94.97. This is a rare chance to acquire a well-established, income-producing business in a desirable location. Don't miss this opportunity to own a thriving car wash in Muncie, Indiana.
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
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Property description
Physical attributes from public recordsZoning & alternative use
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Risks
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