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Property profile & analytics
OFF-MARKET
Car washes

216 Main St Cardington, OH 43315-1011

1,578 SF 0.17 ac lot Built 1996
Individually Owned 7-yr Hold ~ Est. High Equity
Property ID
US66-0199640
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Car washes
Use group CAR WASH
Year built 1996
Total area 1,578 SF
Lot 0.17 ac (7,362 SF)
APN C09-013-00-031-00
UPID US66-0199640
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Cardington’s Car Wash Car Wash
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Chitos Finishing Touch · 7 yrs held
Chitos Finishing Touch
since 2019
2 recorded transactions
2021
Price N/A
2019
$39,900
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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