Self-Serve and Automatic Car
1935 Central Ave Middletown, OH 45044
1935 Central Ave, Middletown, OH, 45044
$250,000
For Sale
$250,000
Configured with four self-serve bays, two automatic bays, and multiple vacuum and vending systems, plus related equipment and storage.
Property Size2,782 SF
Price / SF$89.86
Days on Market40
Property Features for 1935 Central Ave
General Information
- Standard status
- Active
- Size
- 2,782 SF
Listing agency
Keller Williams Advisors
(937) 829-2684
Listed by
Patricia Hamilton
(937) 829-2684
Source
Exprealty
Added: Jun 13 Updated: Jul 21 at 11:35PM Checked: Jul 21 at 11:35PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Advisors
Investment Insights
Based on property information with market context.
This property is currently set up as a car wash business and includes the equipment and inventory for ongoing operation. The wash features 4 self-serve bays and 2 automatic bays, along with 5 vacuums and 6 vending machines. Additional systems included are a fragramatic machine, a change machine, and a credit card reader. Hoses, brushes, and sprayers for the vacuums and self-serve bays are removed and stored inside the building.
The site is located at 1935 Central Ave in Middletown, OH, in a high-traffic area and next to a new Dollar Tree.
While it is operating as a car wash, the property can be repurposed for other commercial uses such as retail, office space, a restaurant, or a car lot, depending on buyer needs.
The site is located at 1935 Central Ave in Middletown, OH, in a high-traffic area and next to a new Dollar Tree.
While it is operating as a car wash, the property can be repurposed for other commercial uses such as retail, office space, a restaurant, or a car lot, depending on buyer needs.
Key Highlights
- Currently set up as a car wash business with 4 self‑serve bays and 2 automatic bays
- Includes approximately $250,000 in equipment and inventory
- Car wash amenities include 5 vacuums, fragramatic machine, change machine, and a credit card reader
Local Financial Insights For Industrial
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $26.7k | $9.60 |
| − Vacancy | −$1.7k | −$0.61 |
| EGI | $25.0k | $8.99 |
| − OpEx | −$7.5k | −$2.70 |
| NOI | $17.5k | $6.29 |
2,782 SF · lease $9.60/SF/yr · vacancy 6.40% · expense 30.00%
Alternative Uses
Best Use
Specialty Retail
$418.5K
$366.2K – $488.2K
NOI $29,294 @ 7.0% cap · market cap 11.72%
Second Best
Industrial
$250.0K
$218.7K – $291.7K
NOI $17,499 @ 7.0% cap · market cap 7.00%
Theoretical Best
Office A
$550.1K
$481.3K – $641.7K
NOI $38,504 @ 7.0% cap · market cap 15.40%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Self service car ...
Similar For Sale Nearby
FAQs
What type of property is this?
Self service car wash - Configured with four self-serve bays, two automatic bays, and multiple vacuum and vending systems, plus related equipment and storage.
Where is this self service car wash located?
The property is located at 1935 Central Ave Middletown, OH.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Currently set up as a car wash business with 4 self‑serve bays and 2 automatic bays; Includes approximately $250,000 in equipment and inventory; Car wash amenities include 5 vacuums, fragramatic machine, change machine, and a credit card reader
