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    OFF-MARKET
    Car washes

    901 Adj W 9th St, Muncie, IN 47302

    Individually Owned Absentee Owner Free & Clear
    Property ID
    US31-2210382
    Property summary
    AI-generated overview

    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.

    Property profile
    Verified
    Property type Car washes
    Use group CAR WASH
    APN 18-11-16-454-001.000-003
    UPID US31-2210382
    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
    by Request
    Owner & transaction history
    Nicholas Thadd Evans
    Nicholas Thadd Evans
    since 2025
    1 recorded transaction
    2025
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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