Self-Serve Car Wash
1935 Central Avenue Middletown, OH 45044
For Sale
$250,000
COMMERCIAL - Middletown, OH
Property Size2,782 SF
Lot Size0.51 Acres
Price / SF$89.86
Days on Market47
Property Features for 1935 Central Avenue
General Information
Property type
Commercial Sale
Property subtype
Other
Security features
Security Lighting
Interior features
Security Light, Smoke Detector, Alarm System, Drive-in Door
Exterior features
Lights
Standard status
Active
APN
Q6532028000101
Size
2,782 SF
Lot size
0.51 Acres
Utilities
Heating system
Natural Gas
Building Details
Year built
2002
Flooring type
Concrete
Building materials
Block, Brick
Roof type
Metal
Listing Agency:
Keller Williams Advisors
(513) 227-9151
Listed By:
Patricia Hamilton
(513) 766-9200
Added: Jun 13
Last Checked: Jul 29 at 3:06AM
MLS# 1883079
Copyright © 2026 MLS of Greater Cincinnati, 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 currently set up as a car wash business and includes the related equipment and inventory. The facility features four self-serve bays and two automatic bays, along with five vacuums. Additional included items include six vending machines, 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.
Located on Central Avenue in Middletown, the property is positioned in a high-traffic area and sits next to the new Dollar Tree.
For buyers and operators, the layout supports an immediate car wash operation with both self-serve and automatic service components. If a car wash concept is not the right fit, the owner indicates the building can be adapted for other commercial uses such as retail, office space, a restaurant, or a car lot, subject to applicable approvals. The included equipment and inventory may help reduce initial setup time for an operator continuing the existing use.
Located on Central Avenue in Middletown, the property is positioned in a high-traffic area and sits next to the new Dollar Tree.
For buyers and operators, the layout supports an immediate car wash operation with both self-serve and automatic service components. If a car wash concept is not the right fit, the owner indicates the building can be adapted for other commercial uses such as retail, office space, a restaurant, or a car lot, subject to applicable approvals. The included equipment and inventory may help reduce initial setup time for an operator continuing the existing use.
Key Highlights
- Established car wash setup with 4 self‑serve bays and 2 automatic bays
- Includes car wash equipment and inventory estimated at approximately $250,000
- On‑site equipment includes 5 vacuums, 6 vending machines, fragramatic machine, change machine, and credit card reader
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 authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Car wash - Operational car wash setup with multiple bays and vacuums provides a turnkey option for automotive or flexible commercial use.
Where is this car wash located?
The property is located at 1935 Central Avenue 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: Established car wash setup with 4 self‑serve bays and 2 automatic bays; Includes car wash equipment and inventory estimated at approximately $250,000; On‑site equipment includes 5 vacuums, 6 vending machines, fragramatic machine, change machine, and credit card reader
