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    450 Waterloo St Canal Winchester, OH 43110

    For Sale
    $550,000

    Profitable Car Wash, High Traffic Area

    Property size:
    4,985 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    370
    This exceptional car wash opportunity in Canal Winchester, Ohio, presents a lucrative investment prospect. Located at 450 W Waterloo St, this established business enjoys a prime location within Franklin County, boasting high visibility and convenient access for customers. The property encompasses a substantial 1.6-acre lot and a 4,985 square foot building constructed in 2003. The car wash itself is well-maintained and features a comprehensive setup including five self-serve bays, two automatic wash bays, and a dedicated drying bay, ensuring efficient and effective car cleaning services. The property is zoned GC - General Commercial, providing flexibility for potential future expansion or modifications. The asking price for this turnkey operation is $550,000. With its established customer base and strong potential for continued growth, this car wash represents a compelling investment in a thriving Ohio community. The property's size and location offer significant advantages for a successful and profitable business venture. This is a rare opportunity to acquire a well-established and profitable car wash business in a desirable location. The existing infrastructure and loyal customer base provide a solid foundation for immediate returns and future expansion. Don't miss this chance to own a piece of Canal Winchester's commercial landscape.

    Property Features for 450 Waterloo St

    General Information

    Property type
    Automotive properties
    Square Feet
    4,985 SF
    Lot Size
    69,696 SF

    Building Details

    Year Built
    2003

    HighLights

    • $550,000 asking price.
    • Special Purpose property, Car Wash subtype.
    • 4,985 square feet.
    • Built in 2003.
    • GC - General Commercial zoning.
    • 1.6‑acre lot.
    Property Profile Location Intelligence

    Current Use by Public Records

    Sparkling Image Touch ... Car Wash Kulture kitchen authentic ... Restaurant World Series Car ... Car Wash

    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
    Canal Winchester
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8163858
    Latitude
    39.8522846

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    FAQs

    What type of property is this?
    Automotive property - Profitable Car Wash, High Traffic Area
    Where is this automotive property located?
    The property is located at 450 Waterloo St Canal Winchester, OH.
    What is the asking price?
    The asking price for this property is $550,000.
    What are key features of this property?
    This property features: $550,000 asking price.; Special Purpose property, Car Wash subtype.; 4,985 square feet.
    Request Owner's contact information
    450 Waterloo St Canal Winchester, OH 43110
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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
    450 Waterloo St Canal Winchester, OH 43110
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