$350,000
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1106-1110 S Main Street Lewistown, IL 61542
General Commercial
Residence
Beds
Baths
...
Bed/Bath
1,520
Sq. Ft.
Property Activity
Time on Site
days
Days on Market
Views
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Excellent investment opportunity for a car wash and laundromat combination, the ”Wash Zone,” located on State Route 24/S. Main Street in Lewistown, Illinois. This is the only car wash and laundromat in Lewistown (population 1,963). 2023 net operating income (NOI) was $69,630 for a nearly 19.8% CAP r...ate. Traffic counts at this corner are 7900 per day. Carwash has 1 automatic bay and 3 manual wash bays. Sellers have operated this business for 12 years and are ready to retire - sellers average 8-10 hours per week maintaining the property. Updated features include: energy efficient boiler in carwash floor (2019), new boiler for carwash floor (2024), automatic car wash (2015), reverse osmosis (2019), water softener (2017), energy efficient windows (2013), laundromat water heater (2013), 10 front loading washing machines (2012), exterior of buildings painted (2015), new "pay stations" for car wash (2022), and asphalt parking lot resurfaced (2022).
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MLS#
PA1207552
Property Type
General Commercial
Year Built
1970
Square Feet
1,520
sq. ft
Lot Size
0.38
Stories
1.0
Sewer
Public Sewer
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Source: Walk Score®
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