USAILLewistown1106-1110 S Main St
1110 - 1106-1110 S Main St, Home with 0 bedrooms, 0 bathrooms and null parking in Lewistown IL | Image 1
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$350,000

1110 - 1106-1110 S Main St, Lewistown, IL

Real Estate

For Sale

$--,---,---
000
  • Key Facts
  • Description
  • Map

Key Facts

Type Commercial
Levels Commercial Sale
Size -
Garage No
Maintenance Fees 
Taxes $4,499
Days Active 2190
Approx. Age 1970
MLS® Number PA1207552

Property Address: 

Average square foot calculated using Size range provided by listing agent.

Description

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 rate. 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).Show Description
MLS® NumberPA1207552
Locker
Ensuite LaundryNo
Balcony
Furnished
Laundry Level
Exposure
Exterior
GarageNo
Approx. Age1970
Stories
Pets
Corp Number

Included in Maintenance Fee

Heat
Hydro
Water
Building Insurance
Condo Taxes
Cable TV
Central Air
Parking Maintenance

Utilities

HeatForced Air, Natural Gas
A/CCentral Air
Heating Fuel

Extras

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