• 1106-1110 S MAIN ST, Lewistown, IL 61542
    1106-1110 S MAIN ST, Lewistown, IL 61542
    1106-1110 S MAIN ST, Lewistown, IL 61542
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    Listed by RandyR McMillen • RE/MAX Traders Unlimited
    $330,000
    Est. payment /mo
    1,520 SqFt
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    UPDATED:

    Key Details

    Property Type Commercial

    Sub Type Commercial

    Listing Status Active

    Purchase Type For Sale

    Square Footage 1,520 sqft

    Price per Sqft $217

    MLS Listing ID PA1207552

    Year Built 1970

    Annual Tax Amount $4,498

    Tax Year 2023

    Lot Size 0.380 Acres

    Acres 0.38

    Lot Dimensions 165 x 100.5

    Property Sub-Type Commercial

    Source rmlsa

    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).

    Location

    State IL

    County Fulton

    Area Paar Area

    Zoning Commercial

    Direction South Main to 1106 & 1110 S. Main Street-Across From Ipava State Bank.

    Interior

    Heating Forced Air, Natural Gas

    Cooling Central Air

    Flooring Concrete, Tile

    Fireplace N

    Exterior

    View true

    Roof Type Rolled/Hot Mop

    Garage 1

    Building

    Faces South Main to 1106 & 1110 S. Main Street-Across From Ipava State Bank.

    Sewer Public Sewer

    Water City Water/Connected

    Structure Type Block,Brick,Steel Frame

    Others

    Tax ID 18-19-27-146-007

    Security Features Yes


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    Jackie Weisenburger

    Jackie Weisenburger

    +1(217) 430-9353

    Broker | License ID: 475.141177

    Broker License ID: 475.141177

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