For Sale View Offering Memorandum

Rocket Car Wash

515 E. Lexington Avenue, Elkhart, IN 46516

Property Stats

GSF5,488
TypeSpecial Purpose
Sub-typeNot specified
Use TypeVacant/User
Lot Size326.4 x 50
MSAElkhart-Goshen
Year Built1958

Property Details

Property Description

Rocket Car Wash is an iconic full service car wash which has been in continuous operation for over 58 years. Current owner has operated it since 2008. This full service car wash specializes in exterior cleaning, waxing and hand-wiping. The fully computerized 150-foot tunnel houses vacuums, sponge wraps, pre-soak arch, foaming soak arch, 2 sets of curtains, rocker panel wraps, foam wax arch, hot wax arch, rinsing arch, under body wash, blowers, tunnel controller, and POS system. Property is nestled between several large proposed commercial and residential projects totaling $50M in investments.

Highlights

  • All equipment updated 3 years ago
  • Consistent cash generator year-round
  • Customer lounge was updated a year ago
  • Includes building, business, inventory

Property Map

Additional Info

  • Number of Floors: Not specified
  • Under Construction: No
  • Building Class: Not specified
  • RSF: Not specified
  • USF: Not specified
  • Acres: 0.24

The information above has been obtained from sources believed reliable. While we do not doubt its accuracy we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions, or estimates used are for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial, and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.