450 Waterloo St Canal Winchester, OH 43110
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.
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Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.