1106-1110 S Main Street, 1106 South Main Street, Lewistown, IL 61542
1106-1110 S Main Street, 1106 South Main Street, Lewistown, IL 61542
1106-1110 S Main Street, 1106 South Main Street, Lewistown, IL 61542
1106-1110 S Main Street, 1106 South Main Street, Lewistown, IL 61542
1106-1110 S Main Street, 1106 South Main Street, Lewistown, IL 61542
1106-1110 S Main Street, 1106 South Main Street, Lewistown, IL 61542
1106-1110 S Main Street, 1106 South Main Street, Lewistown, IL 61542
1106-1110 S Main Street, 1106 South Main Street, Lewistown, IL 61542
1106-1110 S Main Street, 1106 South Main Street, Lewistown, IL 61542

1106-1110 S Main Street 1106 South Main Street, Lewistown, IL 61542

Availability: for sale
Property Type: Shopping Center / Retail
Special Purpose/Other
Business Opportunities (Other)
Year Built: 1970
Building Size: 3,816 SF
Land Size: 0.38  Ac
Price: $350,000
Zoning: COMM

Property 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). 

Full Address: 1106 South Main Street, Lewistown, IL 61542

Listing Type: FOR SALE

Status: Active

Zoning: COMM

Region: M-EN 

Use Type: Car Wash & Laundromat

Property ID: 4064923

Building Sf: 3816

Parcel Num: 18-19-27-146-007

Number Units: 2

Number Buildings: 2

Year Built: 1970

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