5740 Merle Hay Rd, Johnston, IA 50131
4,968 SF Specialty Building Offered at $363,000 in Johnston, IA 50131
For Sale
Active
Asking Price $363,000
- Property Type
-
Specialty
- Square Feet
- 4,968 SF
- Price / Square Foot
- $73
Listing Contacts
- Property Info
Property Details
- Class
- B
- Year Built
- 1996
- Stories
- 1
- Property Subtype
- Car Wash
- Lot Size (sq. ft)
- 25,265 SF
Highlights
- Owner/User Opportunity – Opportunity to acquire the business, building, and underlying real estate.
- E-Commerce Resistant – The car wash industry has thrived despite the presence of e-commerce.
- Strong Surrounding Retail - Property is adjacent to the Village Square Mall seeing over ±33,000 vehicles per day
- Special Tax Advantage – Accelerated Depreciation – Car washes present accelerated depreciation opportunities for tax savings.
- Highly Affluent Area – Average Household income is $105,066 within a 2-mile radius of the site, according to CoStar data.
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