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222 E Water Street

Alexandria, IN 46001

ActiveListed Aug 30, 2026 · 35 days on market

Key facts

Living area
2,044 sqft
Lot
0.26 acres
Year built
1992
Type
Commercial Sale · Business
MLS #
22122507
County
Madison
Total building area
2,044 sqft

About this home

TURNKEY COMMERCIAL CAR WASH INVESTMENT 222 E Water St, Alexandria, IN 46001 - A prime commercial property and business opportunity on highly visible E Water St. Located along a steady traffic corridor with an estimated annual average daily traffic (AADT) of 1,000-3,000 vehicles, this four-bay self-service car wash offers significant upside for an investor or owner-operator seeking immediate market presence.

Description provided by the listing brokerage.

Systems

Utilities
Electricity ConnectedNatural Gas ConnectedWater Connected

Lot and HOA

Zoning
Commercial

Schools

School district
Alexandria Community School Corp

Taxes

Estimated annual tax
$1,114 / yearTwice the semi-annual installment the listing reports.
Tax year
2025

Estimate your monthly payment

$631per month, estimated
Principal and interest $504Property tax $93Insurance $35
20% · $19,980
6.47%
Loan type
Loan term

Estimates only. This calculator does not give a quote. Defaults reflect Marion County / Indianapolis averages: property tax from this home's actual county bill, homeowners insurance at 0.42% annually. Conventional: PMI runs 0.55% of the loan annually when your down payment is below 20%, and drops automatically at 22% equity. Your real number depends on credit, taxes assessed for the parcel, escrow, condo insurance, and HOA. Rates as of May 2026 and subject to change.

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Listed at$99,900
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