516 Freeport St | Elk River, MN 55330
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516 Freeport St
Elk River, MN 55330
DOLPHIN CAR WASH FOR AUCTION · Specialty Property For Sale
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43,124 SF
INVESTMENT HIGHLIGHTS
- Owner/User Opportunity – Opportunity to acquire the business, building, and underlying real estate
- Turnkey Operations – Fully staffed, branded, and operational with established systems, website, and a monthly membership model in place
- Equipment Condition – Equipment operating in excellent working order, with recent improvements to the tunnel equipment and replacing conveyor & chain
- Consumer Versatility – Business offers express wash options, detailing, and a pet wash station providing a variety of selections to cater to customers
- Affluent Area – $130,327 average household income within a 3-mile radius
- Tax Benefits – Car washes qualify for 100% bonus depreciation in first year of ownership which can create higher returns on investments
PROPERTY FACTS
| Property Type | Specialty | No. Stories | 1 |
| Property Subtype | Car Wash | Year Built | 1988 |
| Building Class | C | Tenancy | Single |
| Lot Size | 1.00 AC | Parking Ratio | 2.58/1,000 SF |
| Building Size | 43,124 SF | No. Drive In / Grade-Level Doors | 2 |
| Property Type | Specialty |
| Property Subtype | Car Wash |
| Building Class | C |
| Lot Size | 1.00 AC |
| Building Size | 43,124 SF |
| No. Stories | 1 |
| Year Built | 1988 |
| Tenancy | Single |
| Parking Ratio | 2.58/1,000 SF |
| No. Drive In / Grade-Level Doors | 2 |
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 75-454-0130 | Improvements Assessment | $283,000 |
| Land Assessment | $183,300 | Total Assessment | $466,300 |
PROPERTY TAXES
Parcel Number
75-454-0130
Land Assessment
$183,300
Improvements Assessment
$283,000
Total Assessment
$466,300
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