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Former Car Wash in Troy
For Sale
$199,000

103 S Elm Street, Troy, OH 45373

COMMERCIAL - Troy, OH

Property Size13,650 SF
Lot Size0.31 Acres
Price / SF$14.58
Days on Market130

Property Features for 103 S Elm Street

General Information

Property type Commercial Sale
Property subtype Other
Zoning description Business
Directions W. Main St. in Troy to S on Elm.
Subdivision 701 Troy
Standard status Active
APN D08092180
Size 13,650 SF
Lot size 0.31 Acres

Taxes and HOA fees

Tax Year 2025

Utilities

Sewer type Public Sewer

Building Details

Year built 1987
Building materials Brick
Listing Agency: Keller Williams Home Town Realty · Keller Williams Realty
Listed By: Amie Wilt
Added: Apr 10 Changed: Aug 5 Last Checked: Aug 17 at 12:06PM
MLS# 1044887

Copyright © 2026 Western Regional Information System & Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This property is located in Troy, Ohio, and is zoned B2, making it suitable for various business uses. The brick building, formerly a car wash, features 5 bays. It benefits from a prime location with excellent visibility and steady daily traffic. The property is situated around the corner from The Kettering Health Hospital and a few blocks from downtown Troy. This presents an opportunity for investors to reimagine the space for a new concept or service-based business. The lot size is 0.31 acres, and the property size is 13,650 square feet.

Key Highlights

  • Prime location with excellent visibility and steady daily traffic.
  • Zoned B2, ideal for a variety of business uses.
  • Brick building construction.

Property Analytics

Current Use

Car washes

Suggested Use

Top Pick Parking Lot & Garage Big Box & Wholesale Store Dental Office Building Supply Computer & Electronic Repair Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

902
Businesses Nearby
67k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 63% Shops & Services 37%
Tim Hortons Dining
11,499 visits/mo 0.1 miles
Wendy's Dining
11,354 visits/mo 0.1 miles
Submarine House Dining
7,226 visits/mo 0.4 miles
Marathon Petroleum Shops & Services
6,862 visits/mo 0.1 miles
Arby's Dining
6,292 visits/mo 0.2 miles

Demographics for 45373, OH

36,863
Population
15,691
Households
2.3
Avg Household Size
41
Median Age
33%
College-Educated
93%
High-School Grad
87.7 sq mi
ZIP Area
420
Density / Sq Mi
$78,278
Median Household Income
$47,859
Median Earnings
$933
Median Rent
$234,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Car wash - Prime location near hospital, ideal for redevelopment or service business.
Where is this car wash located?
The property is located at 103 S Elm Street Troy, OH.
What is the asking price?
The asking price for this property is $199,000.
What are key features of this property?
This property features: Prime location with excellent visibility and steady daily traffic.; Zoned B2, ideal for a variety of business uses.; Brick building construction.
More about this property
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