216 Main St Cardington, OH 43315-1011
This thriving car wash business, located at 216 W. Main Street in Cardington, Ohio, presents a unique investment opportunity. The property features a fully automated car wash system, two self-service bays, and a convenient vacuum station. Significant recent upgrades totaling $250,000 enhance operational efficiency and longevity. These improvements include a new roof ($120,000 investment), a completely updated automatic wash system, a new water heater, and a new pressure tank. The dryers are only eight years old, the airlift doors are three years old, and the manual bays are six years old. The business benefits from in-floor heating, boiler heat, and a comprehensive security camera system. Additional features include water softening systems and on-demand hot water. The WashWorld automatic wash system was installed in October 2021. This turnkey operation is situated on a main thoroughfare in Cardington, ensuring high visibility and convenient access for customers. The asking price reflects the significant investment in recent upgrades and the strong potential for continued profitability. This is a rare opportunity to acquire an established and well-maintained car wash business in a desirable location. Detailed financial information is available upon request.
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Cardington’s Car Wash Car Wash
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.