515 E Lexington Avenue $350,000


    515 E Lexington Avenue Elkhart, IN 46516

    • 0.24 Acres
    • Commercial
    MLS# 201639377 | Active


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    Days On Market: 1093 38 Views
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    Property Details

    Rocket Car Wash is an iconic full service car wash which has been in continuous operation for over 58 years and the current owner has operated it since 2008. This full service car wash specializes in exterior cleaning, waxing and hand-wiping. The fully computerized 150-foot tunnel houses vacuums, sponge wraps, pre-soak arch, foaming soak arch, 2 sets of curtains, rocker panel wraps, foam wax arch, hot wax arch, rinsing arch, under body wash, blowers, tunnel controller, and a POS system. This well maintained business is a consistent cash generator year-round. All equipment was updated 3 years ago. The customer lounge/ lobby was updated a year ago. The heating and cooling has been updated recently. This would be a great opportunity for an owner operator to increase the business while reducing expenses. The property consists of 1 building situated on approximately 0.24 acres located off East Lexington Avenue. The property is nestled between several large proposed commercial and residential projects totaling $50M in investments including the proposed foundry project, making this an ideal site with future growth potential.

    • General Features
      • Area Elkhart County
      • Age 61
      • Annual Taxes 3035.92
      • Property Sub Type Special Purpose
      • Sale/Rent For Sale
      • Township Concord
      • Year Built 1958
      • Subdivision None
    • Building Features
      • Basement Foundation None
      • Exterior Metal, Asphalt
      • Cooling Central Air
      • Roof Material Metal
      • New Construction No
      • Heating Fuel Conventional
    • Property Features
      • Sewer City
      • Planned Unit Development No
      • Water Utility City
      • Waterfront No
      • Platted Yes
      • Approx Lot Size Sq Ft 10454
      • Approx Lot Size Acres 0.24


    Teresa Brown

    Broker Associate

    Elkhart Office

    Cell: 574-993-7355


    46516 (Elkhart) Demographics

    33Median Age
    1,906Population Density (per sq. mile)
    19%College Educated
    $39,535 Estimated Median Income
    6,517Estimated Total Home Owners
    5,223Estimated Total Renters
    56% / 44%Estimated Owner / Renter Divide
    3Estimated Average Household Size
    33,885Total Population
    Community data courtesy of LiveBy, Inc.

    Market Last 30 Days

    $98,000 Median Sales Price
    26 Homes Sold
    46 New On Market

    Average Days on Market

      Properties for Sale

        Property History

        Date Event Price Percent Change
        -- Current Price Source New Value: $350,000
        4/26/2019 6:14:12 PM Price Reduced Source New Value: $350,000 -17.65%
        8/23/2016 12:21:00 PM New in Database Source New Value: $425,000

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