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Last updated on June 18th, 2024

On Broadway Car Wash


955 W. Broadway Avenue, Forest Lake, Minnesota 55025

Building Size4,680 Square Feet
Land Size1.18 Acres

Car Wash Business For Sale and/or Redevelopment Opportunity


This 3-tenant property offering includes a fully staffed owner-operated car wash requiring limited owner involvement. Income from the car wash along with rental income from the two rental spaces create an attractive investment. Located in the highly desirable Forest Lake retail trade area, the underlying and underused real estate makes for an extremely attractive redevelopment opportunity. Area tenants include Home Depot, Chipotle, Walmart Supercenter, Tires Plus, Northern Tool, Perkins, Running Aces Casino, Hotel and Racetrack, and more.

Highlights and Features:

  • Local and regional trade area
  • Just 2 blocks off I-35 and Forest Lake exit
  • High traffic counts
  • Great visibility
  • 2 access points: West Broadway Avenue and First Avenue Northeast
    In the heart of the business district

Demographics and Traffic Counts:

  • Average Household Population: 1 mile - 3,223, 3 miles - 12,795 and 5 miles - 21,300
  • Average Household Income: 1 mile - $55,528, 3 miles - $77,808 and 5 miles - $78,262
  • I-35 - 67,590 vpd, and W Broadway Ave - 24,665 vpd

Available For Sale - Property and Business:

  • PIDS:,, and
  • Building SF: 4,680
  • Parcel Area: 1.18 acres | 51,596 sf
  • Year Built: 2001
  • Zoning: B2 - Highway Business District
  • 2017 Tax Cut and Jobs Act allows for up to accelerated depreciation on property improvements for car wash assets.
  • 2024 Tax: $22,344
  • Sale Price: $999,000

The information contained herein is from sources deemed reliable, but is subject to errors, omissions, and withdrawal without notice.

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