4696 Hanson RdMadisonville, KY 42431

Property Details for 4696 Hanson Rd

Lot size

0.74 AC

Property type

Other commercial real estate

APN

M-28-7-1

APU

M2871

Description

This exceptional investment opportunity presents a thriving, established car wash in Madisonville, Kentucky. Located on US-41, this single-story, 2,000 square foot facility sits on a 0.74-acre lot and boasts high daily traffic counts exceeding 10,000 vehicles. The car wash features two self-serve bays, one touchless automatic bay, and two canister vacuums, catering to a wide range of customer needs and preferences. Recent upgrades to the self-serve and touchless automatic bays ensure optimal functionality and efficiency. This owner-user opportunity includes the business, building, and land, offering significant potential for immediate income generation. The car wash industry's resilience to e-commerce trends further enhances its long-term viability. Additionally, this property offers potential tax advantages under IRS Code Sections 179 & 168(k), allowing for accelerated depreciation and significant tax savings in the first year. This is a turnkey operation ready for a new owner to step in and continue its success. The asking price is $310,000.

• Alternative Use

  Use

  Valuation

  Residential

  $6,373,780

  Hospitality

  $5,838,348

  Educational

  $4,857,437

  Medical

  $5,024,492

  Retail

  $7,556,013

Location Insight

City

Madisonville

County

Hopkins

State

Kentucky

Latitude

37.3814

Longitude

-87.4882

CBSA code

31580

CBSA name

MADISONVILLE, KY MICROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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