For Sale
$769,500

660 Peosta St Peosta, IA 52068

Profitable Car Wash, Turnkey Operation

Overview

Added:
Dec 11, 2024
Days on market:
131
This exceptional car wash business in Peosta, IA, presents a lucrative investment opportunity. Built in 2005 on a 0.43-acre lot (APN 1409253014), this single-story, commercially zoned property boasts a strong reputation and loyal customer base. The facility includes a Premier Mark VII automatic bay wash/dry system, two manual wash bays (one accommodating semi-tractors), two vacuum areas, and an accessory dispenser, all equipped for cash and credit card payments. Significant upgrades were completed in 2017 (nearly $200,000 in building improvements and new automatic wash options) and the parking lot was upgraded in 2023. The property features in-floor heat/forced air and heated outdoor concrete pads. All equipment is in excellent condition and meticulously maintained. This turnkey operation includes all mechanicals, fixtures, and inventory, offering immediate positive cash flow. Located in a rapidly growing community with a strong job base, low tax rate, and new infrastructure, this car wash enjoys a prime location in a thriving business and residential district, conveniently situated off Highway 20. The asking price is $769,500.

Highlights

  • $769,500 asking price for a 2005-built car wash in Peosta, IA.
  • Special purpose property on a 0.43-acre lot, with one single-story building.
  • Features an automatic and self-serve car wash, including a Premier Mark VII automatic bay wash/dry, two manual bays (one for semi-tractors), two vacuum areas, and an accessory dispenser.
  • Accepts cash and credit cards; includes all equipment, fixtures, and inventory.
  • Recent upgrades include $200,000 in building improvements (2017) and parking lot upgrades (2023).
  • Located in a high-growth area with strong demographics and convenient highway access.

Property Details for 660 Peosta St

Property type
Specialty properties, Car washes
Year Built
2005
Buildings
1
Stories
1
Lot Size (sq. ft)
18,731 SF

Location Insight

City
Peosta
County
Dubuque
State
Iowa
Latitude
42.449885143354
Longitude
-90.850403889575

FAQs

What type of property is this?
Specialty property - Profitable Car Wash, Turnkey Operation
Where is the specialty property located?
The property is located at 660 Peosta St Peosta, IA.
What is the asking price?
The asking price for this property is $769,500.
What are key features of this property?
This property features: $769,500 asking price for a 2005-built car wash in Peosta, IA.; Special purpose property on a 0.43-acre lot, with one single-story building.; Features an automatic and self-serve car wash, including a Premier Mark VII automatic bay wash/dry, two manual bays (one for semi-tractors), two vacuum areas, and an accessory dispenser.
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660 Peosta St
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