# 222 E Water Street, Alexandria, IN 46001

> **TL;DR:** commercial, $145,000 ($73/sqft), built 1992, 2,000 sqft. Est. $628/mo. Listed 54 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $145,000 |
| Price/sqft | $73 |
| Square Feet | 2,000 |
| Year Built | 1992 |
| Lot Size | 11,326 sqft (0.26 acres) |
| Property Type | Commercial (Business) |
| Status | For Sale |
| Days on Market | 54 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $628 |
| **Total** | **$628** |

## Nearby Schools

- **Elementary:** Alexandria Monroe Elementary School
- **Middle:** Alexandria-Monroe Jr./Sr. High School

## Property Highlights

- Built in 1992
- 0.26 acre lot

## Description

### Agent Description
Opportunity is knocking with this 4 BAY self-service car wash ready for its next owner, ZONED R2 with a special exception. Situated in a convenient, accessible location, this property features multiple wash bays and has already seen recent updates, giving the next owner a strong head starts toward maximizing its full potential.    With additional improvements and the right vision, this property offers significant upside. Whether you're an investor looking to expand your portfolio or an entrepreneur ready to step into a proven, cash-flowing business model, this is your chance to reimagine and elevate an established asset. If you've ever thought about owning a car wash, this is the kind of opportunity that makes you stop and consider what's possible. Don't miss your chance to bring new life to this property and capitalize on its future potential.

## Location

- **Address:** 222 E Water Street, Alexandria, IN 46001
- **County:** Madison
- **Coordinates:** 40.261039, -85.671678
- **Google Maps:** https://www.google.com/maps?q=40.261039,-85.671678

## Listing Agent

- **Name:** Woodrow Cuevas
- **Brokerage:** RE/MAX Advanced Realty
- **Phone:** 3172980961
- **Email:** Woodrow@indyhomepros.com

## Primary Photo

![222 E Water Street - Primary Photo](http://lh.rdcpix.com/afc14f7fb0af6ed0a25e74ecbf6dece5l-f948814838r.jpg)

*4 total photos available on [listing page](https://www.propertysimple.com/listing/222-e-water-street-alexandria-in-46001-22093621)*

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**MLS#:** 22093621 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 MIBOR Service Corporation. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/222-e-water-street-alexandria-in-46001-22093621)

---

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