3456 Main StMerrill, WI 54452

Property Details for 3456 Main St

Lot size

0.45 AC

Property size (Sq ft)

3,960 SF

Property type

Specialty properties

Property subtype

Car washes

Description

This exceptional fee-simple car wash opportunity in Merrill, Wisconsin, presents a compelling investment prospect. The 3,960-square-foot facility, situated on a 0.45-acre lot, underwent a complete renovation in 2023, including new equipment and updated garage. The property boasts six parking spaces and benefits from a prime location on E. Main St., near the intersection of US Hwy 51, a high-traffic area with a combined 27,500 vehicles per day. Its strategic placement as an outparcel to a Tractor Supply anchored center, alongside McDonald's, ensures high visibility and strong tenant synergy. The surrounding area is densely populated with national retailers, including Walmart, Walgreens, and numerous fast-food chains, creating a robust retail corridor. Further enhancing its appeal is the proximity to Aspirus Merrill Hospital, a 25-bed facility that drives additional traffic. The 7-mile trade area encompasses over 15,000 residents and 7,000 employees, with an average household income of $90,813. The property is zoned for Thoroughfare Commercial use and offers the potential for implementing a subscription model to further grow the customer base. The asking price is $499,000, translating to $126.01 per square foot. This turnkey operation presents a value-add opportunity with significant upside potential. The property's APN is 251-3106-182-0136.

Location Insight

City

Merrill

County

Lincoln

State

Wisconsin

Latitude

45.1785

Longitude

-89.6503

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