Retail Space
4720 Morgan Center Drive, 753 North Park Dr 4720 Morg Evansville, IN 47715
Details & Description
Price: $1,290,000
    Profitable, successful, and well maintained car washes. Three year track record of increased sales & profits. Excellent opportunity for passive income. Both properties are located a block or less from hard-corner stoplights and some of the busiest Evansville travel corridors, North Green River Rd. & Morgan Ave. with combined traffic counts of 44,000 VPD and North First Ave. at 24,000 VPD. The car washes are located in busy commercial business areas, and close to a large residential community. Owners have continually improved the properties and have updated almost all the equipment since purchase, including new credit card systems on all bays and vacuums, and a new laser automatic wash bay in 2018. Sales at the Morgan Center car wash should be increasing due to a nearby competitor closing. Business could also be increased with consistent marketing.The car washes can be purchased separately: North Park Dr. @ $895,000 and Morgan Center Dr. @ $395,000.The Halo Car Wash in Newburgh is also available, under a separate listing contract . Contact broker for information.
    Property ID:    226394
    Property URL: melqr.com/226394
    Generated:    05-11-24
    Additional Photos
    Listing Agents
    Randall Forster

    O: 812-471-2500
    M: 812-449-3424
    randall.forster@svn.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Retail Space / Indiana / Evansville / 47715 / 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg

    4720 Morgan Center Drive, 753 North Park Dr 4720 Morg

    Evansville, IN 47715

    Listing ID: 226394
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    • 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg Evansville, IN 47715 | for Sale | Photo 1
    • 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg Evansville, IN 47715 | for Sale | Photo 2
    • 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg Evansville, IN 47715 | for Sale | Photo 3
    • 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg Evansville, IN 47715 | for Sale | Photo 4
    4720 Morgan Center Drive, 753 North Park Dr 4720 Morg | for Sale | Thumbnail 1
    4720 Morgan Center Drive, 753 North Park Dr 4720 Morg | for Sale | Thumbnail 2
    4720 Morgan Center Drive, 753 North Park Dr 4720 Morg | for Sale | Thumbnail 3
    4720 Morgan Center Drive, 753 North Park Dr 4720 Morg | for Sale | Thumbnail 4
    Building Size: 6,000 SF
    Lot Size: 1.420 AC
    Land Size: 61,855 SF
    Building $/SF: $215.00
    Land $/SF: $20.86
    Price
    $1,290,000
    Description

    Profitable, successful, and well maintained car washes. Three year track record of increased sales & profits. Excellent opportunity for passive income. Both properties are located a block or less from hard-corner stoplights and some of the busiest Evansville travel corridors, North Green River Rd. & Morgan Ave. with combined traffic counts of 44,000 VPD and North First Ave. at 24,000 VPD. The car washes are located in busy commercial business areas, and close to a large residential community. Owners have continually improved the properties and have updated almost all the equipment since purchase, including new credit card systems on all bays and vacuums, and a new laser automatic wash bay in 2018. Sales at the Morgan Center car wash should be increasing due to a nearby competitor closing. Business could also be increased with consistent marketing.

    The car washes can be purchased separately: North Park Dr. @ $895,000 and Morgan Center Dr. @ $395,000.

    The Halo Car Wash in Newburgh is also available, under a separate listing contract . Contact broker for information.

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Evansville History of Retail Space for Sale

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    Evansville Area Market Trends

    Listing Demographics for 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg Evansville, IN 47715

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population5,31252,146126,376
    Population Median Age434040
    Population by Age0-9 Yrs439 (8%)5796 (11%)15315 (12%)
    10-19 Yrs288 (5%)5594 (10%)14209 (11%)
    20-29 Yrs1196 (22%)8855 (16%)18613 (14%)
    30-39 Yrs669 (12%)6995 (13%)16570 (13%)
    40-49 Yrs478 (8%)5526 (10%)14370 (11%)
    50-59 Yrs694 (13%)6643 (12%)17140 (13%)
    60-69 Yrs667 (12%)6485 (12%)15909 (12%)
    70+ Yrs881 (16%)6252 (11%)14250 (11%)
    Median HH Income$34,566$48,575$45,555
    Total Household Income< 24K990 (33%)5720 (23%)14178 (26%)
    25-49K943 (31%)6496 (27%)14876 (27%)
    50-74K444 (14%)4710 (19%)9837 (18%)
    75-99K367 (12%)3010 (12%)6351 (11%)
    100-199K182 (6%)3306 (13%)7625 (14%)
    200K+41 (1%)609 (2%)1355 (2%)
    Highest Education LevelNo Diploma31029769750
    Diploma or GED10921095129596
    Some College1151788918348
    Assoc. Degree43836668203
    Bachelors Degree740709814693
    Higher Degree25838207783
    Total Housing Units3,12625,97061,141
    --Owner-Occupied1,09613,49433,133
    --Renter-Occupied1,87210,35821,090
    Owner-Occupied Values< 100K376462514045
    100-199K661649413117
    200-299K3115113699
    300-399K04851298
    400-499K12188431
    500K+16191544
    Total Working Age Population4,69143,335102,202
    In Work Force3,32128,30064,332
    Not In Work Force1,37015,03537,870
    Workforce Employed3,13727,15460,845
    Workforce Unemployed1851,1463,480
    Civlian Workforce3,32128,30064,325
    Military Workforce017
    Total Households2,96823,85254,223
    Family Households1,13512,56630,997
    Non-Family Households1,83211,28623,226
    Married Couple7078,96421,109
    Other Family4283,6029,888
    Married w/Child1893,0247,083
    Single Male w/Child353791,129
    Single Female w/Child1551,7164,484

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Indiana6,080,485+76,483,802+46,738,573+47,014,880
    Vanderburgh County171,922+5179,703+3184,440+3189,441
    Warrick County52,383+1459,689+763,818+667,958
    Kentucky4,041,769+74,339,367+44,533,464+44,726,382
    Henderson County44,829+346,250046,358-245,516

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg in Evansville?
    The asking price for 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg is $1,290,000
    What is the building size of this Retail property in Evansville, IN?
    The size of the building/unit at 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg in Evansville is 6,000 square feet
    How much land does the Evansville, IN property at 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg include?
    4720 Morgan Center Drive, 753 North Park Dr 4720 Morg in Evansville includes 1.420 acres of land
    What kind of Retail is the propery at 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg?
    The property at 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg Evansville, IN 47715 is listed as a Other Retail Retail property
    What is the population within 1 mile of 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg in Evansville?
    The population within 1 mile of 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg Evansville, IN 47715 is 5,312 people.
    Who do I contact for questions about 4720 Morgan Center Drive, 753 North Park Dr 4720 Morg?
    You should contact the listing agent, Randall Forster, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Louisville Muhammad Ali International Airport (SDF) 96
    Scott AFB/Midamerica Airport (BLV) 133
    Indianapolis International Airport (IND) 135
    Price
    $1,290,000
    Listing Agent
    Randall Forster - CRE Agent at

    Randall Forster

    SVN

    VIEW AGENT PROFILE

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    More listings from Randall Forster
    Not Disclosed
    Evansville, IN 47708
    Primary photo of Not Disclosed, Evansville, IN
    $430,500
    • Type Retail
    • Building SF 12,084
    • Lot AC 0.870
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