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Full-Service Tunnel Car Wash

4450 E Main Street, Whitehall, OH 43213

For Sale
$1,250,000

The real estate and car wash business transfer together, with operating equipment, furnishings, and fixtures included.

Property Size4,080 SF
Lot Size0.70 Acres
Price / SF$306.37
Days on Market64

Property Features for 4450 E Main Street

General Information

Standard status Active
Size 4,080 SF
Lot size 0.70 Acres
Property subtype Other Com

Property Condition

Severity Repairs Needed
Evidence deferred maintenance to be addressed by a buyer

Financials

Asking Price $1,250,000
Cap Rate 20.28%
Business Included Yes

Automotive

Automotive Uses car wash
Car Wash Format full-service
Vacuum Stations 4

Additional Details

Road Access Yes
Real Estate Included Yes

Amenities

monument signage
pylon sign

Building Details

Year Built 1959
Buildings 1
Listing Agency: Best Corporate Real Estate
Listed By: Randy J Best · License #311236
Source: Livewellhomegrp
Added: Sep 4 Changed: Nov 6 Last Checked: Nov 6 at 2:31PM

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 Best Corporate Real Estate

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This full-service tunnel car wash includes a 4,080-square-foot building on a 0.7012-acre site. The sale combines the real estate with the operating business, along with its fixtures, furnishings, and equipment. Four self-serve vacuum stations provide an additional on-site service. The building dates to 1959, and deferred maintenance will require attention.

The property fronts East Main Street in Whitehall, on the east side of Columbus. A pylon sign is positioned along the street frontage, and 170,966 residents live within five miles.

Key Highlights

  • Full‑service tunnel car wash with real estate and operating business conveyed together
  • 4,080‑square‑foot building on a 0.7012‑acre site
  • Four self‑serve vacuum stations

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$58,226
Cap Rate
4.66%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,164,520 $1.2M
Cap Rate 7%
$831,800 $831.8K
Cap Rate 9%
$646,956 $647.0K
Market Conditions
NOI Build-Up for 4,080 SF
Gross rent
$79.8K $19.56/SF
− Vacancy
−$2.2K −$0.53/SF
EGI
$77.6K $19.03/SF
− OpEx
−$19.4K −$4.76/SF
NOI
$58.2K $14.27/SF
Area
Franklin County, OH
Vacancy
2.72%
Lease Rate
$19.56 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,164,520
Cap Rate 7%
$831,800
Cap Rate 9%
$646,956

Alternative Uses

Best Use
Specialty Retail
$831.8K
$727.8K – $970.4K (±1% cap)
NOI $58,226 @ 7.0% cap · market cap 4.66%
Second Best
Retail
$776.3K
$679.3K – $905.7K (±1% cap)
NOI $54,344 @ 7.0% cap · market cap 4.35%
Theoretical Best
—
—
same as Best Use
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Car washes

Suggested Use

Top Pick Real Estate Agency Restaurant Dental Office Law Firm Building Supply Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Turnkey business
Opportunity
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

290
Businesses Nearby

Demographics for 43213, OH

35,105
Population
17,069
Households
2.1
Avg Household Size
37
Median Age
23%
College-Educated
90%
High-School Grad
10.3 sq mi
ZIP Area
3,408
Density / Sq Mi
$53,908
Median Household Income
$37,753
Median Earnings
$1,107
Median Rent
$197,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Car wash - The real estate and car wash business transfer together, with operating equipment, furnishings, and fixtures included.
Where is this car wash located?
The property is located at 4450 E Main Street Whitehall, OH.
What is the asking price?
The asking price for this property is $1,250,000.
What are key features of this property?
This property features: Full‑service tunnel car wash with real estate and operating business conveyed together; 4,080‑square‑foot building on a 0.7012‑acre site; Four self‑serve vacuum stations
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