Commercial For Sale
- Market St, Solon, Iowa 52333
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Description

This offering is a combination of a business sale together with the highway frontage land it sits on. The land is located at 1003 S. Market Street, Solon Iowa and is comprised of APN #’s 0225153007 & 0225142001. it is a total of 1.09 acres M/L. The business is the Rubber Ducky Car Wash with 3 wand bays and one fully automatic bay. The equipment is all in working order, but is aging and may need upgrading. The land alone is under $14.00 per foot with a traffic count of 9,400 cars per day on Hwy #1 / S. Market Street and is also bordered by E. 8th Street and E. Hagaman Ln. In 2023 the carwash business netted $60,378. If you deduct the property taxes of $11,208 (2023) the net income is $49,170.24 from all operations. There is also a warehouse/storage building on the north end of this site. It sits across from the Solon Town crest Pharmacy and Thai Spice building, the USPO, Caseys and Dairy Queen.

Property Description

This offering is a combination of a business sale together with the highway frontage land it sits on. The land is located at 1003 S. Market Street, Solon Iowa and is comprised of APN #’s 0225153007 & 0225142001. it is a total of 1.09 acres M/L. The business is the Rubber Ducky Car Wash with 3 wand bays and one fully automatic bay. The equipment is all in working order, but is aging and may need upgrading. The land alone is under $14.00 per foot with a traffic count of 9,400 cars per day on Hwy #1 / S. Market Street and is also bordered by E. 8th Street and E. Hagaman Ln. In 2023 the carwash business netted $60,378. If you deduct the property taxes of $11,208 (2023) the net income is $49,170.24 from all operations. There is also a warehouse/storage building on the north end of this site. It sits across from the Solon Town crest Pharmacy and Thai Spice building, the USPO, Caseys and Dairy Queen.

Basic Details
Property Type:
Commercial Sale
Listing Type:
For Sale
Listing ID:
202501544
Price:
$650,000
Lot Size:
1.09 Acre
Country:
US
State:
IA
County:
Johnson
City:
Solon
Zipcode:
52333
Status Category:
Active
Features
Heating:
Other, Office Only
Cooling System:
No
Roof:
Composition
Construction:
Frame, Brick
Address Map
Street:
Market St
Street Number:
1003
Floor Number:
0
Longitude:
W92° 30' 31.5''
Latitude:
N41° 47' 54''
More Information
Office Name:
Lepic-Kroeger, REALTORS
Directions:
West side of Hwy 1 as you are entering Solon from the south.
Zoning:
CG
Lot Dimensions:
Irregular
LA1Agent Logon Name:
I038
LA1Agent First Name:
Jeff
LA1Agent Last Name:
Edberg
LO1Main Office ID:
ILKR
319.351.1111 - 250 Holiday Road, Coralville, IA 52241
Agent Information
Jeff Edberg
Lepic-Kroeger, REALTORS
Additional Details
No
Frame, Brick
03/07/2025
West side of Hwy 1 as you are entering Solon from the south.
Irregular