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Turn-Key Car Wash Opportunity
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690 Boswell Ave, Norwich, CT 06360

Renovated car wash with new equipment on busy Boswell Ave.

Property Size4,250 SF
Price / SF$258.82
Days on Market1331

Property Features for 690 Boswell Ave

General Information

Standard status Active
Size 4,250 SF
Property subtype Retail
Zoning GC
Investment Type Owner/User

Building Details

Year Built 2003
Year Renovated 2018
Buildings 1
Stories 1
Units 1
Listing Agency: Londregan Commercial Real Estate Group
Listed By: William Bill Kane · License #CT RES.0770182
Source: Crexi
Added: Dec 29, 2022 Changed: Aug 19 Last Checked: Aug 21 at 6:37AM

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 Londregan Commercial Real Estate Group

Investment Insights

Based on property information with market context.

Located on Boswell Avenue in a high-traffic area, this 4,250-square-foot property features a renovated car wash facility with new equipment. The operation is designed to be turn-key, offering the potential for near-passive income. Customer payments are processed automatically via card and deposited directly into a business account, minimizing the need for employees. A part-time worker is available to handle tasks such as litter removal, refilling soaps and rinse additives, and emptying trash. Income and expense data, as reported to the IRS, along with demographic information, are available upon execution of a non-disclosure agreement. The property is positioned to capitalize on the upcoming car wash season.

Key Highlights

  • Turn‑key operation providing near passive income.
  • New equipment installed in a renovated facility.
  • No employees necessary due to automated payment system.

Property Analytics

Current Use

Connecticut Car Wash Car Wash Oasis Auto Wash Car Wash 24 hr Touchless ... Car Wash

Suggested Use

Top Pick Law Firm Real Estate Agency Building Supply Electrical Service Spa & Massage Center Big Box & Wholesale Store

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

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby
20k
Monthly Visits Nearby

Foot Traffic Nearby

Shops & Services 57% Dining 43%
Dunkin' Donuts Dining
7,822 visits/mo 0.2 miles
Dollar General Shops & Services
6,089 visits/mo 0.2 miles
Gulf Oil Shops & Services
4,443 visits/mo 0.3 miles
China Garden Dining
1,036 visits/mo 0.2 miles
FedEx Office Print & Ship Center Shops & Services
998 visits/mo 0.2 miles

Demographics for 06360, CT

37,104
Population
17,739
Households
2.1
Avg Household Size
39
Median Age
23%
College-Educated
88%
High-School Grad
26.8 sq mi
ZIP Area
1,384
Density / Sq Mi
$65,848
Median Household Income
$42,287
Median Earnings
$1,207
Median Rent
$233,500
Median Home Value

Market

Vacancy Rate% for Retail in Northeast region

6% 2019
7.1% 2020
6.5% 2021
6% 2022
5.7% 2023
5.6% 2024
6% 2025
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Frequently Asked Questions

What type of property is this?
Car wash - Renovated car wash with new equipment on busy Boswell Ave.
Where is this car wash located?
The property is located at 690 Boswell Ave Norwich, CT.
What is the asking price?
The asking price for this property is $1,100,000.
What are key features of this property?
This property features: Turn‑key operation providing near passive income.; New equipment installed in a renovated facility.; No employees necessary due to automated payment system.
More about this property
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