Remarks

This offering is a combination of a business sale together with the highway frontage land it sits on. The land is located at 1003 S. Market Street, Solon Iowa and is comprised of APN #'s 0225153007 & 0225142001. it is a total of 1.09 acres M/L. The business is the Rubber Ducky Car Wash with 3 wand bays and one fully automatic bay. The equipment is all in working order, but is aging and may need upgrading. The land alone is under $14.00 per foot with a traffic count of 9,400 cars per day on Hwy #1 / S. Market Street and is also bordered by E. 8th Street and E. Hagaman Ln. In 2023 the carwash business netted $60,378. If you deduct the property taxes of $11,208 (2023) the net income is $49,170.24 from all operations. There is also a warehouse/storage building on the north end of this site. It sits across from the Solon Town crest Pharmacy and Thai Spice building, the USPO, Caseys and Dairy Queen.

Details

MLS#: 202501544
Price: $650,000

Style: Commercial
Year Built: 1999

County: Johnson
Lot Size: Irregular
Tax Fee: 11208