6101 29Th StTopeka, KS 66614

Property Details for 6101 29Th St

Year built

2001

Lot size

0.55 AC

Zone code

C4

Property type

Self service car washes

APN

144-17-0-10-01-002.00

APU

144170100100200

Description

This well-maintained car wash, located at 6101 SW 29th St in Topeka, Kansas, presents a compelling investment opportunity. Situated in a prime location in front of a Hyvee grocery store, this established business boasts a recently updated infrastructure. A new tunnel wash system was installed just three years ago, ensuring efficient and modern operations. Furthermore, a new pay station was added in 2022, streamlining customer transactions and enhancing operational efficiency. The property's strong location and recent upgrades contribute to its profitability and potential for continued growth. Detailed financial information is available upon request. This turnkey operation offers a rare chance to acquire a successful, established business with significant upside potential. The property itself is classified as general commercial. Serious inquiries only. The asking price for this exceptional investment opportunity is $495,000. Contact us today to schedule a viewing and explore the potential of owning this thriving car wash.

• CAP approach

  CAP return

  Valuation

  6%

  $6,167,270

  6.5%

  $5,692,864

  7%

  $5,286,231

• Comparable approach

  Method

  Valuation

  Relative Method

  $4,356,057

  Geo Method

  $4,356,057

• Alternative Use

  Use

  Valuation

  Residential

  $4,802,144

  Hospitality

  $4,398,738

  Educational

  $3,659,698

  Medical

  $3,785,561

  Retail

  $5,692,864

Location Insight

City

Topeka

County

Shawnee

State

Kansas

Latitude

39.0143

Longitude

-95.7649

CBSA code

45820

CBSA name

TOPEKA, KS METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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