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33185836
33185835

1108 North Quincy Avenue, Ottumwa, IA 52501 For Sale

JC
IA S58006000
CDM Real Estate Services
SG
IA S63371000
CDM Real Estate Services
Listed by CDM Real Estate Services
$1,000,000
55 days on market
Updated 2 days ago

Ottumwa Carwash - 4 Bays

Details
Property Type Retail
Square Footage 4,092
Cap Rate 13.00%
Year Built 1992
Lot Size (SqFt) 0.51
Investment Type Owner/User
Ground Lease No

4 BAY CARWASH | FOR SALE

Marketing description

Excellent opportunity to acquire a well-maintained four-bay car wash located in Ottumwa’s high-traffic retail and restaurant corridor. The property features two manual bays and two automatic bays, providing multiple service options to accommodate a steady customer base and maximize revenue potential. The property generated a 2025 net income of $131,367 and is being offered at a strong 13% cap rate, making it an attractive investment opportunity for both owner-operators and investors seeking stable cash flow. Additional property features include four vacuum stations, an on-site office, and excellent visibility within one of Ottumwa’s busiest commercial corridors. With established operations, modernized automatic bays, and a proven income history, this property offers the opportunity to own a profitable and recognizable car wash business in a growing retail market.

Investment highlights

  • Four Bay Carwash For Sale
  • Sale Price: $1,000,000
  • 13% Cap Rate
  • 2025 Net Income: $131,367
  • Located in Ottumwa’s Retail/Restaurant Corridor
  • Two Manual Bays and Two Automatic Bays
  • Automatics Installed in 2013 and 2016
  • Four Vacuum Stations
  • On-Site Office

Listing Contacts

JC
IA S58006000
CDM Real Estate Services
SG
IA S63371000
CDM Real Estate Services
Listed by CDM Real Estate Services

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