205 Wells Avenue Ext Wellsville, OH 43968
- Commercial real estate
- 2,448 SF
- 0.59 lot acres
Current Use by Public Records
- Commercial real estate
Property Details for 205 Wells Avenue Ext
- Year built
- 1999
- Lot size
- 0.59 lot acres
- Property size
- 2,448 SF
- Property type
- Commercial real estate
Description
This exceptional investment opportunity presents a thriving four-bay car wash and one-bay automatic car wash situated on approximately 0.59 acres of land in Wellsville, Ohio. Conveniently located just off Route 7, this business benefits from consistent local and highway traffic, with no direct competition within the immediate area. The property boasts a proven track record of success, making it an ideal acquisition for an entrepreneur seeking a stable and profitable venture. Significant improvements have been made over the years, including the installation of new LED lighting, a new arm in the automatic bay, a new tank and security camera upgrade, a new air compressor, and a new furnace pump. Detailed records of these upgrades and the property's financial performance are available upon request. Furthermore, an additional land parcel, acquired in 2016, offers approximately 0.43 acres adjacent to the car wash, providing a potential total of nearly one acre for expansion. This extra space presents exciting possibilities for future development, such as adding a laundromat or other complementary businesses. The high-profile location and substantial land area also offer significant redevelopment potential for those with a vision for a different use. Whether continuing as a successful car wash or undergoing a transformation, this property presents unmatched potential in a desirable location. The rear Wells Avenue splits the property parcels.
Value Estimations
-
AI approach
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Wellsville
- County
- Columbiana
- State
- Ohio
- Longitude
- -80.6405
- Latitude
- 40.6147