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    205 Wells Avenue Ext Wellsville, OH 43968

    For Sale
    $315,000

    Profitable Car Wash, High-Traffic Location

    Property size:
    2,448 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    309
    This exceptional investment opportunity presents a thriving four-bay car wash and one-bay automatic car wash situated on approximately 0.59 acres of land in Wellsville, Ohio. Conveniently located just off Route 7, this business benefits from consistent local and highway traffic, with no direct competition within the immediate area. The property boasts a proven track record of success, making it an ideal acquisition for an entrepreneur seeking a stable and profitable venture. Significant improvements have been made over the years, including the installation of new LED lighting, a new arm in the automatic bay, a new tank and security camera upgrade, a new air compressor, and a new furnace pump. Detailed records of these upgrades and the property's financial performance are available upon request. Furthermore, an additional land parcel, acquired in 2016, offers approximately 0.43 acres adjacent to the car wash, providing a potential total of nearly one acre for expansion. This extra space presents exciting possibilities for future development, such as adding a laundromat or other complementary businesses. The high-profile location and substantial land area also offer significant redevelopment potential for those with a vision for a different use. Whether continuing as a successful car wash or undergoing a transformation, this property presents unmatched potential in a desirable location. The rear Wells Avenue splits the property parcels.

    Property Features for 205 Wells Avenue Ext

    General Information

    Property type
    Other commercial real estate
    Square Feet
    2,448 SF
    Lot Size
    25,700 SF

    Building Details

    Year Built
    1999
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Wellsville
    County
    Columbiana
    State
    Ohio
    Longitude
    -80.64049
    Latitude
    40.61475

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    FAQs

    What type of property is this?
    Commercial real estate - Profitable Car Wash, High-Traffic Location
    Where is this commercial real estate located?
    The property is located at 205 Wells Avenue Ext Wellsville, OH.
    What is the asking price?
    The asking price for this property is $315,000.
    (740) 264-7131
    Request Owner's contact information
    205 Wells Avenue Ext Wellsville, OH 43968
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    Wellsville, OH 43968
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    205 Wells Avenue Ext Wellsville, OH 43968
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