Car Wash Business For Sale and/or Redevelopment Opportunity
$1,100,000
955 W Broadway Ave, Forest Lake, MN 55025
4,610 sqft
Building Size
0.3231 acres
Lot Area
Details:
Description:
CONFIDENTIAL - PLEASE DO NOT APPROACH THE BUSINESS DIRECTLY
Available For Sale - Property and Business:
• PIDS: 08.032.21.22.0059, 08.032.21.22.0057, 08.032.21.22.0026 and 08.032.21.22.0025
• Building SF: 4,680
• Parcel Area: 1.18 acres 51,596 sf
• Year Built: 2001
• Zoning: B2 - Highway Business District
• 2017 Tax Cut and Jobs Act allows for up to accelerated depreciation on property improvements for car wash assets.
• 2025 Tax: $23,374
• Sale Price: $1,100,000
This 3-tenant property offering includes a fully staffed owner-operated car wash requiring limited owner involvement. Income from the car wash along with rental income from the two rental spaces create an attractive investment. Located in the highly desirable Forest Lake retail trade area, the underlying and underused real estate makes for an extremely attractive redevelopment opportunity. Area tenants include Home Depot, Chipotle, Walmart Supercenter, Tires Plus, Northern Tool, Perkins, Running Aces Casino, Hotel and Racetrack, and more.
3 Spaces Available
955 W Broadway Avenue Retail Pad
Available Space Unknown Sub Type
drive-thru available
955 W Broadway Avenue Retail Pad
Documents:
| Title | ||
|---|---|---|
| Lease Brochure | ||
| 955_W_Broadway_Ave__Forest_Lake-Lease_Flyer.pdf | ||
| 955 W Broadway Ave, Forest Lake-Sale Flyer.pdf |
Location
Gallery
