5740 Merle Hay Rd., Johnston, IA
Others for Sale - 2,484 Sq. Ft. on 0.58 acres
Agent Info
Johnston Car Wash |
Property Info
CIMLS# | 1182667 |
Location 5740 Merle Hay Rd. Johnston IA 50131 | |
Updated | October 14th, 2025 |
Type | Others |
Price | Upon Request |
Building | 2,484 Sq. Ft. |
Land | 0.58 acres |
Property Description
Located in the heart of Johnston’s primary commercial corridor, this property offers a rare blend of income-producing use and future redevelopment potential.
The car wash features (3) self-serve bays and (2) touchless automatic bays, operating on a 0.58± acre parcel immediately adjacent to Hy-Vee, one of Iowa’s most visited grocery brands. Customers access the site conveniently through the Hy-Vee parking field, ensuring consistent visibility to thousands of weekly shoppers.
While the current operation is older, the equipment is fully functional, and recent owner investments have restored key systems. For operators, the property offers a low-labor model with dependable winter peaks and upside through modest capital improvements (such as LED lighting, signage). For investors and developers, the PUD zoning and premier location provide a long-term covered-land play in a retail node with exceptional fundamentals.
Property Highlights:
Hy-Vee–Anchored Location – Located directly adjacent to Hy-Vee and --Village Square Mall, benefiting from consistent daily traffic and grocery trips.
-Five Total Bays – Includes (3) self-serve bays and (2) touchless automatic bays; all equipment fully operational per seller.
-0.58± Acre PUD Site – Zoned for flexible commercial use, allowing current operation or future redevelopment into retail, coffee, medical, or service pad.
-High Traffic Corridor – Merle Hay Road averages 18,500–20,500 vehicles per day (IDOT, 2023), connecting Johnston and Des Moines suburbs.
-Turnkey or Value-Add Opportunity – Priced below replacement cost with immediate upside through low-cost cosmetic updates and signage.
-Winter-Season Uplift – Iowa’s climate produces consistent winter wash demand, stabilizing annual cash flow.