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    29007 Lakeshore Blvd Willowick, OH 44095

    For Sale
    $285,000

    Established car wash, high ROI potential.

    Property size:
    1,980 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional car wash opportunity in Willowick, Ohio presents a lucrative investment prospect. Located at 29007 Lakeshore Blvd, this single-story, 1,980 square foot facility boasts a prime location and strong operational history. Built in 1995, the property features one automatic bay and four self-service bays, ensuring diverse revenue streams. The car wash is equipped with eight vacuums, a credit card reader, and recently upgraded equipment, reflecting a commitment to modern functionality and customer convenience. Significant improvements exceeding $45,000 have been made, including repainting and the installation of heated floors, enhancing both aesthetics and operational efficiency. The business also benefits from a touchless wash membership program accessible via a user-friendly app, fostering customer loyalty and recurring revenue. The asking price is $285,000, translating to $143.94 per square foot and representing a compelling value proposition given the property's features, upgrades, and established clientele. All supplies and tools are included in the sale, facilitating a seamless transition for the new owner. This turnkey operation is ready for immediate income generation, making it an ideal investment for savvy entrepreneurs seeking a profitable and established business. The property is situated in Lake County, Ohio, zip code 44095.

    Property Features for 29007 Lakeshore Blvd

    General Information

    Property type
    Automotive properties
    Square Feet
    1,980 SF

    Building Details

    Year Built
    1995
    Buildings
    1
    Stories
    1
    Units
    1

    HighLights

    • Exceptional car wash investment opportunity in Willowick, OH.
    • 1,980 SF single‑story building at 29007 Lakeshore Blvd.
    • Features one automatic and four self‑service bays, plus eight vacuums and a credit card reader.
    • Recently upgraded equipment and $45,000+ in improvements, including heated floors and repainting.
    • Includes touchless wash membership program and all supplies/tools; asking price: $285,000 ($143.94/SF).
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Willowick
    County
    Lake
    State
    Ohio
    Longitude
    -81.482790741176
    Latitude
    41.6302835966

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    FAQs

    What type of property is this?
    Automotive property - Established car wash, high ROI potential.
    Where is this automotive property located?
    The property is located at 29007 Lakeshore Blvd Willowick, OH.
    What is the asking price?
    The asking price for this property is $285,000.
    What are key features of this property?
    This property features: Exceptional car wash investment opportunity in Willowick, OH.; 1,980 SF single-story building at 29007 Lakeshore Blvd.; Features one automatic and four self-service bays, plus eight vacuums and a credit card reader.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    29007 Lakeshore Blvd Willowick, OH 44095
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