For Sale
$599,000

1200 Janesville AveFort Atkinson, WI 53538

Profitable Car Wash, Bank-Owned

Overview

Added:
Dec 11, 2024
Days on market:
115
This established car wash in Fort Atkinson, WI, presents a unique investment opportunity. Located at 1200 Janesville Ave, 53538, this 5,800 sq ft facility sits on a lot ranging from 35,000 to 40,000 sq ft and boasts a rich operational history. The asking price is $599,000 ($103.28/sq ft). Originally built in 1980, the property has undergone significant recent upgrades, including a new roof (circa 2020), new furnaces (circa 2021), and an updated conveyor framework (circa 2021). Further enhancing its operational efficiency are a 480V three-phase power system and an extensive camera security system installed in 2020. A newer, large LED roadside sign (2020) ensures high visibility. All support equipment and many detailing supplies remain on-site from the October 2023 closure. This bank-owned foreclosure is offered as-is. All offers are subject to Greenswoods State Bank and SBA approval, with a 14-day response period. The listing price reflects a short sale, so allow for processing time. This property is situated in a town with a population of 12,500, offering significant potential for a new owner.

Highlights

  • Established car wash in Fort Atkinson, WI, offering significant investment potential.
  • Located at 1200 Janesville Ave, 53538, on a 35,000-40,000 sq ft lot.
  • 5,800 sq ft building, asking price $599,000 ($103.28/sq ft).
  • Recent upgrades include a new roof (2020), new furnaces (2021), and updated conveyor system (2021).
  • Features 480V three-phase power, extensive security system (2020), and a new LED sign (2020).
  • Bank-owned foreclosure, offered as-is; subject to Greenswoods State Bank and SBA approval.

Property Details for 1200 Janesville Ave

Property type
Specialty properties, Car washes
Square Feet
5,800 SF
Year Built
1980

Location Insight

City
Fort Atkinson
County
Jefferson
State
Wisconsin
Latitude
42.9138828
Longitude
-88.8497908
1200 Janesville Ave, Fort Atkinson, Wisconsin

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1200 Janesville Ave
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