1405 Cranston Rd, Beloit, WI 53511
Description of 1405 Cranston Rd, Beloit, WI 53511
Incredible opportunity to acquire a fully built-out 80' express tunnel car wash with major upside due to absentee ownership. Over $1.36M invested, including approximately $788K in construction/expansion and $580K in tunnel equipment, automation, kiosks, and gate systems. The express tunnel was installed only a few years ago and has seen minimal use. Existing membership program in place with significant growth potential through proper management and marketing. Property also includes a separate building leased to a long-term hair salon tenant at $500/month, providing additional income, with dedicated parking along the car wash lot line. Additional upside with 3 vacant bays ready for self-service conversion. Offered at $635,000 with clean title and a $10,000 signage allowance from Mr. Foamer.
Property Features of 1405 Cranston Rd, Beloit, WI 53511
Industrial
1985
$5,897.91
.51
Features
| Brick exterior |
| Lot acreage is: 0.51 |
| Lot sqft: 22215.6 |
| Lot zoned: C3 |
| Road frontage: City Street |
| Public sewer |
| Public water |
| For sale |
| Tax year: 2024 |