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166 Niagara Avenue, East Alton, IL, 62024

166 Niagara Avenue
Starting Bid: $50,000

Key Information

Tot. SF
3
Year Built
2004
Type
Retail

Highlights

  • Bid Dates: July 13-15
  • Owner/User Opportunity – The property presents an ideal opportunity for owner/users to acquire both the building, land, and equipment to seamlessly begin operating the car wash with an existing membership platform.
  • Turnkey Condition – Significant improvements were recently completed, which includes updated PECO tunnel equipment with Sonny’s tire shine functionality, Washify software with license plate recognition, Vacutech free vacs, security/camera systems, water softeners, and exterior improvements, minimizing near-term repair costs.
  • Surrounding Retailers – Property is in close proximity of a McDonald’s, Sonic, Taco Bell, Dollar Tree, Circle K, Aaron’s, and the Eastgate Plaza Shopping Center
  • St. Louis MSA – The property is located 21 miles from St. Louis, offering access to a larger metropolitan market and its economic opportunities.
  • Tax Benefits – Car washes qualify for bonus depreciation which can create higher returns on investments. *Please consult with CPA for details*

Photos

Location

Agents

Broker of Record

Matthew Fitzgerald

License # 471021676, 478027547 (IL)
Matthews Real Estate Investment Services, Inc
600 W Fulton, Ste 100 Chicago, IL 60661